Tag Archives: gap


Renaissance Hedge Fund Launch

West Palm Beach (HedgeCo.net) – Quantum Global Financial Corp. has launched the  multi strategy New Renaissance Fund with over 37% return for its first 11 months ended May 29, 2009. The fund uses a systematic approach that employs a new […]

Long and short funds merge to ride crisis

Financial Standard – The financial crisis could bridge the gap between diametrically opposed asset managers with more hedge funds merging with long-only funds to slash operational costs, predicts consultancy firm Accenture. Mark Halverson, global executive partner, wealth & asset management, […]

Hedge Fund Provider Teams up With FN in India Investing Summit

West Palm Beach (HedgeCo.net) – Financial News is hosting the the Investors India Summit 2009 on the 19th and 20th May in London with Indian hedge fund provider Axience as its media partner. The summit is aimed at delivering insight […]

Cohen’s Hedge Fund Taxes Can’t Fix Connecticut’s Fallen Revenue

Bloomberg – Philip Duff, Morgan Stanley’s former chief financial officer, last month fired 80 of the 100 people at his 11-month-old hedge fund, and now he’s looking to sublet excess office space in Greenwich, Connecticut. Record losses and terminations at hedge […]

Arbitrage Lures Gabelli After 920 Hedge Funds Fail

Bloomberg – Mario Gabelli is buying Wyeth to book a 13 percent profit from its takeover by Pfizer Inc. Managers at Cohen & Steers Inc. are scooping up closed-end funds trading at a 16 percent discount to the value of […]

Arbitrage Lures Gabelli, Huntington After 920 Hedge Funds Fail

Bloomberg – Mario Gabelli is buying Wyeth to book a 13 percent profit from its takeover by Pfizer Inc. Managers at Cohen & Steers Inc. are scooping up closed-end funds trading at a 16 percent discount to the value of […]