Author Archives: the HedgeCo News Team
Brown joins Collins Stewart as head of fund sales
Investment Week- Collins Stewart Fund Management has appointed Mike Brown as head of fund sales. He will lead sales of the multi-asset, multi-manager funds and specialist equity, fixed interest and hedge funds from the offshore group. Products under his remit […]
Behind Trojan walls
Investors Chronicle- In Homer’s Iliad, Troy was razed to the ground by Greek warriors, but Troy Asset Management aims to put up a much better defence for its investors. The boutique fund manager takes its name not from the ancient […]
Wealthy Americans Prefer Alternative To Traditional Investments
West Palm Beach (HedgeCo.Net)- A recent Bank of America Survey of high net worth Americans indicates that US investors understand the risk and rewards of hedge fund investments. Many expressed greater satisfaction over the last 12 months with their holdings […]
Northern Rock scars RAB Capital profits
Times Online- Hedge fund RAB Capital, one of the largest shareholders in Northern Rock when the bank was nationalised in February, this morning announced that its first half pre-tax profit had almost halved and assets under management had shrunk by […]
Duff: Hedge Funds to Fail at Historic Level
CNBC- For the first time, more hedge funds will fail this year than are originated, according to Philip Duff, of Duff Capital Advisors. In a rare interview with CNBC, Duff said the difficulty in gauging the health of banks has […]
Hedge Fund Hotels Nurture Start-Ups
West Palm Beach (HedgeCo.Net)- Hedge funds have grown from as few as 300 funds in 1990 to more than 10,000 today. However, there has been a recent drop in new fund launches due to the recent credit crunch, closures and […]
New player on the bad loan scene
Star News Online- Dozens of hedge funds, private equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans and foreclosed properties around the country. They hope to profit […]
Eight Arrested in London Insider Trading Scheme
New York (HedgeCo.Net) – Eight people were arrested yesterday in London on suspicions of insider trading. The city of London police and about 40 Financial Services Authority officials targeted workers at UBS and JPMorgan Cazenove, in what they are […]
Southridge Launches Atypical Market Neutral Fund
West Palm Beach (HedgeCo.Net)- Southridge LLC, a New York financial holding company, is launching a "not as you know" market neutral fund to add to their portfolio of funds. The new fund, Southridge Market Neutral US LP has the capacity […]
European hedge fund launches fall to six-year low
Reuters UK- European hedge fund launches in the first half of 2008 fell to their lowest level since the last bear market, a survey showed on Monday, as the credit crisis hit investors’ confidence. The survey by EuroHedge, part of […]
KKR Aims to Catch Blackstone With Offering, New Funds
Bloomberg- Henry Kravis is taking KKR & Co. public and moving into real estate and stock funds as he tries to catch up with Stephen Schwarzman’s Blackstone Group LP, the world’s largest private-equity firm. KKR, co-founded by Kravis in 1976, […]
`Slick’ Bets Propel Bluegold Returns a Monsterous 160%
New York Post- Hedge fund BlueGold Capital might have struck black gold, with oil bets driving returns up a whopping 160 percent through the end of June. BlueGold just opened for business in February, but its eye-popping returns have already […]