Author Archives: the HedgeCo News Team
Darling Urged to Reconsider Tax Plans for Non-Doms
West Palm Beach (HedgeCo.Net) – Shortly after Alistair Darling outlined his plans to increase taxes on non-domiciled UK residents, the Alternative Investment Management Association is urging him to reconsider. A non-domiciled resident is a foreigner living and working in the […]
Two New Long/Short Hedge Funds to be Launched
West Palm Beach (HedgeCo.Net) – Pacific Ocean Capital of Singapore has just announced the launch of their new fund, Asia Telecom. CIO Tom Fuller will take the reigns of the multi-asset fund and will focus on long/short strategies with a […]
Muni hedge funds hit by margin calls, Pimco says
SAN FRANCISCO (MarketWatch) Hedge funds that trade municipal bonds have been hit by margin calls in recent days and some are having to sell positions to meet those obligations, according to a leading investor in the market. Problems with bond […]
HedgeCo.Net and IFA Create Alliance to Give Clients Unrestricted Access
West Palm beach, FL (PRWEB) March 27, 2008 — HedgeCo LLC, an elite name in the hedge fund service industry, announced today a strategic relationship with International Financial Administration US LLC. This alliance will offer clients of IFA the use […]
Lenders seize failing hedge fund Peloton
Reuters – Several lenders have taken control of failing hedge fund Peloton Partners’ assets, one day after the fund said it was liquidating one of its portfolios, a person familiar with the situation said on Friday. Some banks are taking […]
Nedgroup Launches Less-Liquid Fund of Hedge Funds
FINalternatives- Nedgroup Investments, the U.K.-based fund of hedge funds shop, has launched a new fund geared toward institutional investors. The Nedgroup Investments Premium Portfolio launched Feb.1, with a focus on longer liquidity and niche strategies, which make up 20% of the […]
Japan Hedge Funds to Rebound After Two Losing Years
Bloomberg- Bloomberg) — Hedge funds focused on Japan may stage a rebound after a two-year losing streak, said Ed Rogers, who runs the best-performing Japan-only fund of hedge funds in 2007. More than $7.7 billion flowed out of hedge funds […]
Wealth fund hiring foreign money managers
Xinhua News- China Investment Corp (CIC), the country’s 200 billion U.S. dollars sovereign wealth fund, is hiring foreign fund managers to invest in hedge funds and private equity as well as in traditional assets such as bonds and shares. Gao […]
Peloton to liquidate $2bn hedge fund
The Australian- PELOTON Partners, the hedge fund founded in 2006 by Ron Beller, a former Goldman Sachs partner, has told investors it is being forced to liquidate a $US2 billion ($2.1 billion) fund of asset-backed securities.Beginning the liquidation process for […]
Oil hits record, lifts gold, palm to new highs
Guardian Unlimited- Oil surged to a record high above $103 on Friday as supply disruption fears and the dollar’s fall to three-year lows against the yen prompted funds to pile into commodities, lifting gold and palm oil to historic highs. […]
Robeco Investment Management Exits U.S. Fixed Income Business
New York, February 29, 2008 – Robeco Investment Management (RIM) announced today that it is exiting its U.S. fixed income business. As a result, the firm has entered into a definitive agreement with Morgan Stanley Investment Management (MSIM) through which […]
HedgeCo Networks and Spicer Jeffries Team Up to Expand Online Presence of Hedge Fund Clients
West Palm Beach, FL (PRWEB) February 28, 2008 — HedgeCo LLC, a premier name in the hedge fund database, consulting and service industry, announced today a strategic relationship with Spicer Jeffries LLP. This partnership was designed to give clients of […]