Author Archives: the HedgeCo News Team
Citigroup hedge fund chief set to depart
Dean Barr, head of Citigroup’s hedge funds unit, is expected to leave the group following the appointment last week of former Morgan Stanley executive Vikram Pandit to head Citigroup Alternative Investments. Mr Barr, a former chief investment officer at Deutsche […]
Vanguard program draws hedge fund shares
Boston – Hedge fund shares fast are becoming an important source of new donations for the Vanguard Charitable Endowment Program. OAS_RICH(“Middle”); <a href=”http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/70416007/15620892959/493840214/Middle/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.html/64313363623166313435633761366230?http://www.commonwealth.com/email_campaigns/ads/Commonwealth_trans_406.asp” target=”_blank”><img src=”http://a248.e.akamai.net/6/800/1129/1171490010/oascentral-s.realmedia.com/RealMedia/ads/Creatives/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.jpg” width=336 height=250alt=”Click Here” border=0></a> Over the past 15 months, the $1.62 billion donor-advised fund founded […]
Hathersage Strengthens Portfolio Management Team
HedgeCo.net –New York, NY – April 16, 2007 — Hathersage Capital Management, a leading discretionary absolute return currency manager, today announced that it has hired Bill Strack as a Director of Portfolio Management. Mr. Strack, 45, is responsible for […]
Custom House Assets Under Administration Hit$25 Billion
HedgeCo.net –DUBLIN, APRIL 16, 2007 – Custom House Administration & Corporate Services Limited (“Custom House”), one of the world’s largest independent administrators, today announced that it has topped $25 billion in combined client assets under administration for the first time. […]
Yorkville CFO Takes On Dual Role As COO/CFO And Names Controller
HedgeCo.net -JERSEY CITY, NJ, April 16, 2007- Yorkville Advisors, LLC, a firm engaged in providing structured equity financing solutions to growing companies worldwide, today announced that EdSchinik will take on the role of Chief Operating Officer (COO) in addition to […]
The “Index” Reports Positive Hedge Fund Returns
HedgeCo.net – The Greenwich Global Hedge Fund Index, one of the world’s largest hedge fund databases, reported returns of +0.87% in March, closely followed by the Greenwich Investable Index returning+0.86%. 84% of the 1,025 hedge funds reporting thus far had […]
American hedge fund trader shrugs off Enron scandal to earn £2.7m a …
A Texan energy trader who emerged from Enron’s ashes, John Arnold, has been crowned as the new king of the hedge fund world with personal earnings of close to £1bn last year after a spectacularlysuccessful bet on the direction of […]
Hedge fund executives doubt shorting value in Asia
Hong Kong – The high cost of shorting stocks and a bull run in Asian markets for much of this decade means many of the region’s long/short equity hedge fund managers have delivered on only half their promise to investors. […]
G7 Finance Officials To Meet Hedge Fund Chiefs
Hedge-fund managers planned to meet finance officials from the world’s seven leading economies at the weekend, spurred by a German campaign for tighter regulation of the industry’s risks. The growing role of loosely regulated hedge funds in financial markets has […]
State Street Study Shows Institutional Investment In Hedge Funds Is On The Rise
HedgeCo.net – According to the 2007 State Street Hedge Fund Research Study, nearly two thirds of institutional investors are now allocating more than 5% of their portfolio to hedge fund strategies,while only 4% have no hedge fund allocation. In comparison […]
State Street Hedge Fund Report
HedgeCo.net – State Street Corporation, the world’s leading provider of financial services to institutional investors, released a report on hedge funds as part of its series of proprietary reports designed to advance the dialogue around key themes and trends within […]
Hedge Fund Manager To Launch Multi-Strategy China Fund
HedgeCo.net – UG Investment Advisers, a hedge fund manager with over $500 million invested in China’s Qualified Foreign Institutional Investor program, has announced that they are looking to raise$200, to $500 million more for the launch of a Greater China […]