Author Archives: the HedgeCo News Team
Hedge Funds Buy Stakes in Merrill
Wall Street Journal- In addition to bulls and bears, many hedge funds are becoming more familiar with donkeys and elephants. Hedge Funds across the country, including a number with offices in lower Fairfield County, are contributing more money than ever […]
Hedge funds prop up Allco
The Age- ALLCO Finance Group faces more pressure after hedge funds were forced into the market to buy millions of the troubled company’s shares. The buying resulted in AFG shares jumping by as much as 30% before closing 9.6% higher […]
Bache launches first retail commodity index fund
LONDON (Reuters)- Bache Commodities launched the first commodity index fund to be approved by European regulators for retail investors on Wednesday, the company told Reuters. The European Union’s UCITS III directive allows retail funds to use derivatives such as futures. […]
Principal says rocketing metals boost Latin America
LONDON (Reuters)- Robust commodity prices make Latin American mining stocks top picks in emerging markets, while Asian technology exporters are best avoided, a fund manager at Principal Global Investors said. Michael Reynal at PGI, which has assets under management of […]
Cash-Rich, Publicity-Shy, Abu Dhabi Fund Draws Scrutiny
Herald Tribune- Abu Dhabi has about 9 percent of the world’s oil and 0.02 percent of its population. The result is a surfeit of petrodollars, much of which is funneled into a secretive, government-controlled investment fund that is helping to […]
Citadel-Bloomberg Hedge Fund Partnership
West Palm Beach (HedgeCo.Net)- Hedge fund affiliate, Citadel Solutions, today announced a partnership with Bloomberg to provide hedge fund administrative services through the Bloomberg terminals used by traders. With more than $30 billion in assets under administration, Citadel said the package […]
AdultVest Launches Alternative Investment Series Of Meetings
West Palm Beach (HedgeCo.Net)- Alternative investment firm AdultVest has scheduled an ongoing series of monthly meetings to bring investors together with adult businesses that represent alternative investment opportunities. On the last Wednesday of each month, AdultVest executives will listen to […]
Individual Outperforms Hedge Funds at Competition
West Palm Beach (HedgeCo.Net)- Haochen Hu won this year’s World TopInvestor competition with gains of almost 785% over 12 months. He outperformed the world’s leading hedge funds over the competition period. The competition is a live, real money, capital markets […]
Pacificor Hedge Fund Faces Scrutiny From Angry Investors
West Palm Beach (HedgeCo.Net) – When Pacificor hedge fund founder Michael Klein died in a plane crash last December in the Panama jungle, he left a wake of confusion in what is turning out to be a he-said she-said ordeal. […]
Sailfish hedge fund to shut down
Stamford Advocate- A Stamford hedge fund that has been steadily losing assets since the summer has informed investors that it has begun liquidating its remaining holdings and plans to close up shop for good. Sailfish Capital Partners, a private, multistrategy […]
Hedge Fund Opens Office In New York, New Launch
West Palm Beach (HedgeCo.Net)- Canadian Hedge fund Lionhart Ltd. this month announced the launch of a new fund and the opening of an office in midtown Manhattan, New York. Present in the US since 2000, the addition of the New […]
Och-Ziff Stays Positive Despite Fourth Quarter Loss
West Palm Beach (HedgeCo.Net) – Och-Ziff Capital Management had both good and bad news to give to investors today. The New York based hedge fund recorded a monstrous $774.6 million loss in its first earnings report since its launch in […]