Category Archives: HedgeCo News
TFS Capital Unveils a Long/Short Equity Fund
WEST PALM BEACH, FL (HEDGECO.NET) – TFS Capital has unveiled a new long/short equity fund; the new product would utilize �proprietary and quantitative trading models� according to the statementreleased by company officials. The company stated, �Our Portfolio Managers utilize proprietary […]
Harvard fund enriches chiefs
Two managers of Harvard University’s endowment fund raked in about $35 million each last year for overseeing investments for the school’s $19.3 billion all-purpose trove that funds everything fromstudent loans to faculty salaries. The multimillion-dollar payouts were about double last […]
PIMCO Strategic Global Government Fund, Inc. Fourth Quarter investment performance results and statistical portfolio information
NEWPORT BEACH, Calif., Jan. 23, 2004 (PRIMEZONE) — PIMCO Strategic Global Government Fund, Inc. (NYSE:RCS) today released its investment-performance results and statistical portfolio information forthe period October 1, 2003 through December 31, 2003 (fourth quarter). PIMCO Strategic Global Government Fund, […]
Manager Launches New Mutual Fund Product Utilizing Hedge Fund Strategies
WEST PALM BEACH, Fl (HEDGECO.NET) – A new Mutual Fund product has been launched by Thomas Kirchner, with the aim of utilizing event driven strategies for its trading decisions. The new fund,Pennsylvania Event Driven Fund, although a mutual fund by […]
Maximum Dynamics Announces New Business Unit
COLORADO SPRINGS, Colo., Jan. 22, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administrationservices to provide business outsourcing and business process management services, announced today that it […]
Trader Talk
THE Lazard UK Alpha unit trust, managed by Tony Willis, recently bought almost 75,000 shares in Pounds 2 billion media group United Business Media. He made the purchases in November and December. Thefund now holds 725,000 shares, or 0.22% of […]
Galvin seeks return of investors’ $3.5M
Secretary of State William Galvin demanded yesterday that Cantella & Co. Inc. return an estimated $3.5 million to investors whom Galvin said the firm failed to protect against agents sellingunregistered hedge funds. Galvin, in his ongoing crackdown on financial firms, […]
Word on Strong may come next month
Word on Strong may come next month Firm hopes to break news on its future then, Pension Board told By KATHLEEN GALLAGHER [email protected], Journal Sentinel Thursday, January 22, 2004 Strong Financial Corp.’s top executive is telling people that the firm […]
Securities and Investment Company Launches New Fund
WEST PALM BEACH, FL (HEDGECO.NET)- The Securities and Investment Company [SICO] of Bahrain announced in a recent news conference that it is launching a new fund, the Khaleej Equity fund would beinvesting in equity securities listed on the regional stock […]
Rapuno Departs Legg Mason Funds, Joins Matador Capital
WEST PALM BEACH, FL (HEDGECO.NET) – Lisa O. Rapuno has departed Legg Mason Funds Management Inc, to join Matador Capital Management Corp, according to a news release; she would be joining Matador ina capacity as a senior partner, and a […]
Hedge fund scam leads to charges
NEW YORK — Revealing the perils of investing in the secretive world of hedge funds, Massachusetts securities regulators Wednesday charged a Boston brokerage firm with failing to supervise twobrokers who allegedly duped unsophisticated investors into buying shares of risky hedge […]
Standard Life Investments Announces New Appointments
WEST PALM BEACH, FL (HEDGECO.NET) – The Standard Life Investments announced that it is expanding its European Team with the appointments of Jennifer Richards to the position of Investment Directorfor its Ireland operations, while Pat Woods was appointed as Investment […]