Category Archives: HedgeCo News
PlusFunds Hedge Funds Managed Assets hit $1.5 billion mark
WEST PALM BEACH, FL (HEDGECO.NET) – PlusFunds Group Inc said in a newswire that its assets hit the US$1.5 billion mark, in managed assets, tracking the S&P Hedge Fund Indices, according to thereleased statements. The firm began its hedge fund […]
Liberty Ermitage Group Forms a Joint Venture with Volteg to offer Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Liberty Ermitage Group has formed a joint venture with Volteg to offer hedge funds, according to a press release. The new partnership, The Strategic Partners Fund,Inc. [SPF] was founded by Jan Ebel Bos, Eelco […]
Hedge Fund Analysts Not Worried over Modest Year-to-Date Returns
WEST PALM BEACH, FL (HEDGECO.NET) – So far this year, hedge fund returns have been modest compared to previous years. However, hedge fund market analysts said such performance has not scared offinvestors. According to hedge fund return data provided by […]
ABN AMRO to Launch New Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – ABN AMRO Asset Management firm is launching a new hedge fund vehicle, according to a news release. The new hedge fund is targeting affluent investors,institutional clients, and private banks. According to Rob Andrew, a […]
CSFB to Increase its Hedge Fund Operations
WEST PALM BEACH, FL (HEDGECO.NET) – Credit Suisse First Boston is planning to increase its hedge fund operations significantly, according to a Reuters news report. The company will increase its hedgefund clients by about 50% over the next three years. […]
Good Hedge Fund Managers are Harder to Find, New Study Says
WEST PALM BEACH, FL (HEDGECO.NET) – As the hedge fund industry continues to grow, assets managed by the industry continue to increase from year to year. The global hedge fund industry currentlymanages over US$800 billion, according to published reports. With […]
SEC Files Emergency Action Against Hedge Fund Manager
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission [SEC] said it is filing an emergency action against the San Diego, California based hedge fund manager, Global MoneyManagement LP, and LF Global Investments along with its operator Marvin […]
Hedge Fund Investment of Charities Doubles
WEST PALM BEACH, FL (HEDGECO.NET) – Investment portfolios of charitable organizations have been growing over the years, in fact such portfolios have actually doubled within the last 12 monthsaccording to published reports. In a latest survey of 133 charitable organizations, […]
Van Global Hedge Fund Index rose 1.6% Net in February
WEST PALM BEACH, FL (www.hedgeco.net) – The Van Global Hedge Fund Index rose 1.6% net of fees in February according to Van Hedge Fund Advisors International, LLC (VAN). The gains in February followsmall losses recorded by the index in January. […]
Pengana Capital to Offer Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Pengana Capital Management has formed a joint venture with the Chicago based asset management company, HFR Asset Management Co LLC to launch hedge funds foralternative investors in Australia and New Zealand according to a […]
New Survey Shows More Institutional Investors are Putting Assets into Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – A new joint survey conducted by Reuters and LJH Global investments shows that more intuitional investors are devoting more investment assets into hedge fundstrategies. The study also said new types of institutions are also […]
CSFB/Tremont Hedge Fund Index is up 1.40% in February
NEW YORK, NY – The CSFB/Tremont Hedge Fund Index is up 1.40% for February 2004, according to Oliver Schupp, President of Credit Suisse First Boston Tremont Index LLC. �Despite anticipation of a slowing equity market, the long short equity sector […]