Author Archives: the HedgeCo News Team

International Herald Tribune – European Socialists on Thursday urged stronger international regulation of equity and hedge funds, predicting assets of such funds will triple in the next three years. A lack of transparency could affect the broader economy, delegates warned […]

Korea Times- A fund of hedge funds, investing in Korean hedge funds, has been launched for the first time here. Hana Daetoo Securities said Thursday that it has launched the “HFG Korea Fund,” which will invest in good performing and […]

MarketWatch- Goldman Sachs is aiming to raise $4 billion to $6 billion for a new hedge fund as the investment bank tries to rebuild its reputation in the hedge fund business, it has told potential investors according to a story […]

Chicago Tribune- Despite market volatility, Citadel Investment Group LLC has gained 27 percent year to date in what’s shaping up to be the Chicago-based hedge fund’s second straight showing of double-digit returns. In 2006, Citadel topped 30 percent, helped by […]

TheStreet.com- Since the airline industry cumulatively has failed to make money since the Wright Brothers first flew, it might seem reasonable to let the hedge funds takeover. But it’s hard to imagine there is any real likelihood for successfully executing […]

Korea Times- A senior finance ministry official said Tuesday that the government will allow the establishment of hedge funds in 2009 to help upgrade the country’s financial industry and boost its growth potential. It had initially planned to phase out […]

FRANKFURT (Reuters) – Hedge funds focused on arbitrage between convertible bonds and the underlying stocks could outperform next year amid widening credit spreads and continued high volatility, Lyxor Asset Management said. Another strategy Lyxor expects to do well in 2008 […]

Reuters- Goldman Sachs Group Inc. has told investors it expects its Global Alpha hedge fund will end the year with roughly $4 billion in assets, about 60 percent less than in January, several peoplefamiliar with the matter said. The fund, […]

Reuters- America’s three biggest banks have asked BlackRock to act as the lead asset manager for a $75 billion fund they are creating to support the asset-backed securities market, a source said onWednesday. BlackRock, the largest publicly traded U.S. money […]

Reuters- Anand Parekh, a former head equity trader at Citadel Investment Group, is setting up his own hedge fund, a source familiar with the matter said. Parekh has raised $1.5 billion from Deutsche Bank, and plans to seek additional funds, […]

Reuters- Hedge fund Eton Park Capital Management said on Monday it will take over R6 Capital Management in January, engineering one of the first prominent acquisitions among hedge funds in the $2trillion industry. For Eric Mindich’s $10 billion Eton Park, […]

Financial News Online US- The chief executive of the Financial Services Authority and a deputy governor of the Bank of England said today hedge funds were not responsible for the credit crisis that overtook markets this summer – however managers […]