Author Archives: the HedgeCo News Team

SAN FRANCISCO— George Patterson, co-founder of Menta Capital LLC, said on Tuesday that he has left the San Francisco-based quantitative hedge fund firm. Patterson started Menta in late 2006 with Asriel Levin and Laurent Dubois. The three were formerly portfolio […]

Reuters- After he resigned as chief investment officer of JPMorgan’s China fund venture last August, Lu Jun was inundated with offers of senior posts at other asset management firms. But Lu, widely known in the country’s 3.2 trillion yuan ($445 […]

CNNMoney.com Hedge funds seek to shake up board of the New York TimesIndependent, UK – 6 hours agoA pair of hedge funds has amassed a 5 per cent stake and wants to impose a slate of new directors and a sharp new […]

Independent- Arthur Sulzberger, the publisher of The New York Times and the chairman of its family-controlled parent company, picked out one of the most irritating thorns in his side in October when, after a two-year campaign to shake up the […]

Korea Times- Growing volatility in global financial markets will create more investment opportunities for highly-skilled hedge funds this year, although concerns about a U.S. economic recession will be hampering investor sentiment, an HSBC researcher said Monday. Clark Cheng, head of […]

Times Online- A RAFT of European hedge funds have been forced to introduce emergency measures to protect their businesses from collapsing in the wake of the turmoil in financial markets. Up to 10 European hedge funds have suspended redemptions after […]

Philadelphia Inquirer- The lousy January start for the U.S. stock market is giving activist hedge funds plenty of company in the misery they see. You don’t have to look far for local examples. Comcast Corp. and its chairman and CEO […]

Reuters- Funds of hedge funds managers are bracing themselves for poor returns in the first half of the year across many portfolios as fears of a U.S. recession seep into the global economy, a Reuters poll showed. The quarterly survey […]

West Palm Beach (HedgeCo.Net)- Northern Trust has announce the setup of a worldwide partnership with financial applications company youDevise, it will offer funds of hedge funds daily portfolio management data. Typically, funds of hedge funds ("FoHF") can only get this […]

Weast Palm Beach (HedgeCo.Net)- 3A SA, the hedge fund management division of Swiss banking group SYZ & CO, has launched six new sub-funds of its $1.3bn Luxembourg-domiciled umbrella fund  SICAV, offering Asian and opportunistic fund of hedge fund strategies in […]

Reuters- Japan’s largest private-sector pension fund manager, the Pension Fund Association, is starting to invest in hedge funds, another sign that the country’s conservative institutional investors are dipping into riskier assets. Japan’s pension fund industry was slow to start investing […]

Hindu Business Line- BlackRock Inc, the largest publicly traded U.S. asset manager, will buy a 40 per cent stake in DSP Merrill Lynch Fund Managers Ltd, Mr Laurence Fink, Chairman and Chief Executive said in a statement on Friday. BlackRock, […]