Monthly Archives: June 2006
Selling Unwinds as Volatility Abounds
Street.Com – Global central bankers served up a cocktail of coordinated tightening Thursday, leading to dislocations around the world that featured falling commodities markets and a rising dollar. The stock market’s late-day rebound took some of the sour taste from […]
Hedge funds hit by May’s turmoil
Financial Times – Hedge funds took their share of damage in last month’s market turmoil, losing more than 1 per cent on average in May, according to Hedge Fund Research. The biggest losers were funds specialising in emerging markets, while […]
New Ecostructure Portfolio Fund to Foster Environmental Innovation
WEST PALM BEACH, FL (HEDGECO.NET) – Ecostructure Capital LLC will be launching its first hedge fund, The Ecostructure Portfolio Fund, with approximately $2 million in assets under management. The Ecostructure Portfolio Fund will support the financing of large-scale, ecologically beneficial […]
London’s office space tops global price list
MarketWatch – London’s West End district remains the most expensive place in the world for office space, with rents in this area of the U.K. capital now averaging $185.60 a square foot, up 10% in a year. The West End […]
Copper Clips Ospraie Fund
New York Post – A hedge fund highflier has been brought to ground by a bet gone bad in copper. Dwight Anderson is closing one of his hedge funds – the $250 million Ospraie Point fund – after a series […]
Hedge Funds Return -0.51% in May; Hedge Funds Outperform Most Benchmarks
Forbes – The Greenwich-Van Global Hedge Fund Index returned -0.51% in May according to a preliminary report released today by Greenwich-Van Advisors, LLC, a leading hedge fund index provider. In comparison, the S&P 500, NASDAQ, Dow Jones Europe Stoxx Index, […]
Dow Jones Indexes to Launch Blue Chip BRIC Index
WEST PALM BEACH, FL (HEDGECO.NET) – Dow Jones Indexes, a leading global index provider, today announced that it will expand its existing index family by launching the Dow Jones BRIC 50 Index, a blue-chip index measuring the performance of the […]
Yorkville Advisors Hires Former SEC Branch Chief
WEST PALM BEACH, FL (HEDGECO.NET) – Yorkville Advisors, LLC, a firm engaged in providing financing solutions to growing companies in the small-cap sector worldwide, today announced that it has hired Eric Hansen as Senior Legal Counsel. Mr. Hansen, 43, reports […]
Hedge Fund solutions by Credit Suisse and Paladyne Systems
WEST PALM BEACH, FL (HEDGECO.NET) – Paladyne Systems LLC, a solutions provider for the hedge fund industry, announced a strategic alliance with Credit Suisse to deliver a partnership that allows Credit Suisse clients to access both the Paladyne technology platform […]
Former Ohio State Official Pleads Guilty
WEST PALM BEACH, FL (HEDGECO.NET) – Terrence Gasper, the ex-state official, has pled guilty in Franklin County Common Pleas Court to charges he traded investment opportunities for gifts. Prosecutors say Terrence Gasper is charged with a felony count of violating […]
Russian Hedge Funds see Record Money
WEST PALM BEACH, FL (HEDGECO.NET) – The E.U. and U.S. hedge fund markets have seen some recent fluctuation in reliability in the past weeks, but Emerging Markets are still doing remarkably well. Investors are still investing in BRIC, (Brasil, Russia, […]
Atticus Hedge Fund Likes MasterCard
TheStreet.com – Hedge fund Atticus Management is shifting its attention to credit cards and airplanes. The $12 billion fund led by Timothy Barakett disclosed Monday that it has acquired 5.1% equity stakes in both MasterCard (MA:NYSE – commentary – research […]