Author Archives: the HedgeCo News Team
Wilshire And Fairfield Greenwich Group Announce Portable Alpha Solution
HedgeCo.net — SANTA MONICA, CA, December 7, 2006 – Wilshire Funds Management, a business unit of Wilshire Associates Incorporated that provides more than $15 billion in traditional and alternativemulti-manager investment solutions to institutional clients, and New York-based Fairfield Greenwich Group […]
Hedge Fund Forum Gets Fiery
Washington Post – A Senate hearing to examine whether hedge funds deserve increased scrutiny instead descended into recrimination yesterday as officials at the Securities and Exchange Commission anda former agency lawyer traded allegations about the handling of a sensitive investigation. […]
Global Macro Hedge Funds Eye Japan
Forbes – Global macro issues have once again taken center stage with the dramatic breakdown of the U.S. dollar over the past several days. The dollar now stands at a 20-month low against the euro anda 14-year low against the […]
Commerzbank opens fund of hedge funds to outsiders
Reuters – Germany’s Commerzbank has opened a fund-of-hedge-funds product to institutional investors for the first time, the bank said on Monday. Comas, which is the alternative investment platform of Commerzbank Corporates and Markets division of the bank, said the Comas […]
SEC Calls Pequot Study Thorough
Wilmington Morning Star – Senior officials at the Securities and Exchange Commission vigorously defended the commission’s investigation of a prominent hedge fund, Pequot Capital Management, tellingthe Senate Judiciary Committee on Tuesday that its inquiry was professional, thorough and untainted by […]
Mellon to sell off its HBV hedge fund arm
MSN Money – Mellon Financial, which has agreed to merge with the Bank of New York, will sell its HBV Alternative Strategies hedge fund business to Mickey Harley, HBV’s founder and chief executive. Mellon said on Tuesday that the sale […]
HEDGE JOU$T
New York Post – The top brass at a $4 billion hedge fund is close to inking a multimillion-dollar employment contract with Knight Capital Group, the Nasdaq trading firm that bought the fund more thanthree years ago, The Post has […]
Bulldog To Launch Tax-Exempt Version of Flagship Fund
HedgeCo.net ( New York ) — Phil Goldstein’s activist hedge fund firm Bulldog Investors is opening its doors to non-U.S. investors for the first time. The firm will launch an offshore version of its flagship Full Value Fund on Jan. […]
Brookville Capital Hedge fund bought by Morgan Stanley
HedgeCo.Net (New York) – Brookville Capital Management, a 4 year old hedge fund with less than ten employees and about $221 million in assets under management, has been bought by Morgan Stanley. Morgan Stanley has already acquired a large stock of […]
Regulators say few big hedge fund frauds
Reuters Italia – The hedge fund industry has shown few signs of major fraud, but cases of wrongdoing may rise if more of these investment vehicles are sold to mass-market savers, internationalfinancial regulators said on Monday. The sector does not […]
Hedge fund to petition for access to China
International Herald Tribune – Aaron Boesky, a hedge fund manager in Hong Kong, said he would petition regulators in China to let more overseas funds invest in mainland Chinese stock markets, whichhave grown by more than $400 billion this year. […]
Lamson & Sessions faces hedge fund pressure
Reuters – Lamson & Sessions Co. is facing pressure from hedge fund Ramius Capital Group, which wants the manufactured plastics goods maker to sell one of three divisions, according to aregulatory filing on Tuesday. Ramius, a $7.4 billion fund group […]