Monthly Archives: June 2006

Neural networks invade hedge fund industry

Moneycontrol.com – Imagine a mathematical system that works like a human brain, can absorb thousands of bits of information in seconds, learn from its mistakes, adapt to new environments and help a manager allocate money to hedge funds. Reuters reports. […]

Paladyne integrates Reuters DataScope into hedge fund platform

Finextra – Reuters (LSEL RTR, Nasdaq: RTRSY) and Paladyne Systems, LLC, a leading solutions provider for the hedge fund industry, today announced a strategic alliance which combines the Reuters DataScope market data solution with Paladyne’s front- to- back office hedge […]

Mitel Introduces IP Trader Solutions – Converged Offering Unveiled at 2006 SIA Technology Management Conference

Yahoo! – Mitel®, the trusted innovator of IP communications solutions and applications, today unveiled a portfolio of IP Trader Solutions for financial services organizations at the 2006 SIATechnology Management Conference in New York. In partnership with PAETEC Communications, Inc., the […]

When Hedging Doesn’t Pay Off

Washington Post – The financial world has been suffering lately from Post-Greenspan Stress Disorder. The new chairman of the Federal Reserve, Ben Bernanke, has been accident-prone, and some investorshave gotten the jitters. They might be reassured if they paid more […]

Trichet says would be reassured by more transparency in hedge fund operations

Forbes – BRUSSELS (AFX) – European Central Bank president Jean-Claude Trichet said greater transparency in the operations of hedge funds would provide reassurance about the stability of the world financial system. Trichet told the European Parliament economic and monetary affairs […]

Bank of Ireland Group and Paul Capital Announce Private Equity Fund of Funds Joint Venture

WEST PALM BEACH, FL (HEDGECO.NET) – Bank of Ireland Group announces that it has established a joint venture with Paul Capital Partners (PCP), a leading US private equity specialist, to provide private equity fund of funds products and advisory services […]

Hedge Fund Soccer Club

WEST PALM BEACH, FL (HEDGECO.NET) – Hedge Funds have begun to have a growing intrest in the football industry. In an article published by Times-online, many hedge funds like, Perry Capital, Och-Ziff Capital Management, and Citadel are playing parts as […]

Investors could get Hedge Fund cash back

WEST PALM BEACH, FL (HEDGECO.NET) – Portus Alternative Asset Management may be able to recover and return investor assets of up to $678.9 million. Portus, a now defunct hedge fund that left more than 25,000 investors unable to access their […]

Hedge Fund Article wins award

WEST PALM BEACH, FL (HEDGECO.NET) – The Canadian Chapter of the Alternative Investment Management Association announced today that Stephen Foerster is the winner of the 2006 AIMA Canada Research Award. Foerster was recognized for his paper entitled, “What Drives Hedge […]

Senate to Scrutinize Short Sales

WEST PALM BEACH, FL (HEDGECO.NET) – The Senate Judiciary Committee panel has scheduled a review into the short-selling activities of independent analysts and hedge funds for June 28. The panel is still revising a witness list, but they are overlooking […]

SEC Turns Attention to Hedge Fund Side Letters

CCH Wall Street – Ever since a larger number of hedge fund advisors were required to register with the SEC under its new and contested rule, the regulator has begun looking into the intricacies of these vehicles. Now the regulator […]

Strategist Ferguson Bets on Australian Dollar With Hedge Fund

Bloomberg – Craig Ferguson, a former senior foreign-exchange strategist at Australia & New Zealand Banking Group Ltd., has set up a hedge fund, betting the Australian dollar will surge to a 22-year high in the next 12 months. Ferguson left […]