Author Archives: the HedgeCo News Team
Athamas Hedge Fund Launch
West Palm Beach (HedgeCo.Net)- Athamas Capital, a Luxembourg domiciled alternative investment fund, has announced the launch of the Athamas Capital SICAV SIF Hedge Fund. (Specialised Investment Fund) Launched on June 1st, the hedge fund´s strategy is to achieve an absolute […]
‘Shorting’ hedge funds come out of the HBOS shadows
Scotsman- Mysterious global hedge funds which hope to profit from betting that the price of HBOS shares will continue to plummet emerged from the shadows yesterday. On the first day of new rules to bring greater transparency to "short selling", […]
Strong wealth fund growth boosts UAE fiscal stability
Business24-7- When oil prices were as low as $10-20 a barrel two decades ago, the UAE seriously considered borrowing from the local market to finance its swelling budget deficit. But the plan was shelved in favour of painful spending cuts. […]
Hedge fund managers betting on plunge in bank shares
The Independent- The American hedge fund group Harbinger Capital Partners revealed that it has made a significant bet on HBOS’s price falling, while its UK counterpart GLG admitted it is targeting the rival mortgage bank Bradford & Bingley, as investors […]
City Council Members Support Tax on Hedge Funds
Gothamist- The NY Sun reports 26 out of the 51 City Council members support an Assembly bill that would require hedge fund and private equity managers to pay more in taxes. The City Council is looking for ways to raise […]
FaceBook Guru to Try His Hand at Alternative Investments
New York (HedgeCo.Net) – Matt Cohler, one of the early faces behind the wildly popular Facebook, will join venture capital firm Benchmark Capital. Cohler will assist in locating investment opportunities in web based services and will work with the company’s […]
Hedge funds lobbying with stealth
Politico.com- Sometimes in Washington, stealth is more important than strength. In recent years, hedge fund managers, who oversee those secretive and lightly regulated pools of billions of dollars of investment capital, have gotten increasingly worried about whether Washington will change […]
Allianz to launch fund of hedge funds
London Stock Exchange- Allianz Global Investors is mulling the launch of a listed hedge of hedge funds to be aimed at retail investors. The launch of the multi-strategy Peletier Absolute fund would mark the first time that small investors have […]
Hedge fund arrests send chill through industry
Reuters – Pictures of hedge fund managers in handcuffs being led away to face fraud charges on Thursday have sent a chilling message to the $2 trillion (1 trillion pound) industry. The warning was clear: mind what you say in […]
Former Pimco Manager to Launch New Hedge Fund
New York (HedgeCo.Net) – Former Pacific Investment Management Co. portfolio manager John Brynjolfsson is rumored to be starting his own hedge fund in the near future. Ronald Solberg of Viking Asset Management will team up with Brynjolfsson to run […]