Category Archives: Press Releases
Morningstar Reports Hedge Fund Performance for December and Full Year, Asset Flows Through November
Morningstar, Inc., a leading provider of independent investment research, today reported preliminary hedge fund performance for December and for the year ending Dec.31, 2010 as well as asset flows through November 2010. The Morningstar 1000 Hedge Fund Index rose 4.0% in […]
Hedge Fund Index Estimated Up 3.01% in December
New York (HedgeCo.net) – Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) surged ahead in December, posting positive performance of 3.01% for the month (based on 88% of assets in the index reporting). Key highlights […]
UCITS Hedge Fund Strategy Index finish 2010 at +5.05%
New York (HedgeCo.net) – The UCITS HFS Index reported a positive performance for the sixth month in a row and returned +0.60% in December. The broad index started slightly positive into the month with a first week return of +0.17%. […]
Sanders Morris Harris Group Completes Investment in Global Financial Services, $4 Billion Wealth Management Firm
Press Release – Sanders Morris Harris Group Inc. (Nasdaq: SMHG) today announced that it has completed its previously announced purchase of a 50.1% interest in Global Financial Services L.L.C. (www.globalhou.com). Global Financial manages approximately $4 billion of client assets and, […]
Hedge Fund People Moves: Hedgeye names Bob Brooke as a Managing Director
Press release – Hedge Fund research firm, Hedgeye Risk Management has hired financial services veteran Bob Brooke as Managing Director of New Business Development. “Hedgeye is fortunate to have Bob Brooke join our team at this point in our growth,” said Keith McCullough, CEO of […]
People Moves: BTIG Hires David Kallenberg as Managing Director
BTIG, LLC, a global broker dealer specializing in institutional trading and related brokerage services, today announced another expansion to its Fixed Income group with the hiring of David Kallenberg as a Managing Director for its new Convertible Securities Desk in […]
BBVA Compass Launches Native iPad Application
Press release – BBVA Compass today announced the launch of a native iPad™ application that marks the first U.S. mobile banking application that visually goes beyond the traditional on-line banking interface of the few other iPad banking applications. The BBVA […]
Citrin Cooperman to audit Cayman/Offshore hedge funds
Citrin Cooperman, a leading accounting and business consulting firm, announced today it was granted its license to transact business as an approved auditor in the Cayman Islands, and will be offering offshore-based funds auditing services under the Citrin Cooperman (Cayman) […]
Hedge Fund Commentary: Dow Jones Credit Suisse Hedge Fund Index
New York (HedgeCo.net) – A new Dow Jones Credit Suisse Hedge Fund Index (pdf) monthly commentary offers insight into November hedge fund performance. Some key findings from the report include: November marked the Index’s first negative month of performance since […]
Decosimo Sponsors, Presents at National Hedge Fund Seminars
Audit and tax professionals with Decosimo Certified Public Accountants, including Manager Beth Biega and Principals Lynn Rodgers and Renee Ford, participated in three presentations hosted by Financial Research Associates on Dec. 2 and 9 at New York City’s Princeton Club. On Dec. […]
People Moves: Butterfield Fulcrum expands its EMEA business development team
Press Release – Butterfield Fulcrum, a top five independent global hedge fund administration company, today announced the appointment of Edwin Parker as Director of Business Development for the EMEA region. Edwin will start in February 2011 and be based in […]
Hedge Fund Launch: GIM High Opportunity Forex Fund
Press Release – Global Investment Management, manager of the GIM Forex Program (Managed Accounts) announces the launch of a new Forex fund: the GIM High Opportunity Forex Fund, ISIN : BMG3032V2255. Goldman Sachs is providing the price feed ( liquidity […]