Author Archives: the HedgeCo News Team
Research shows Big Gains in ’07 for Hedge Funds
HedgeCo.Net (New York) – Hedge funds, which control about $1.3 trillion in assets worldwide, have attracted $44.5 billion in the third quarter, the most since at least 2003, Hedge Fund Research said last month. Hedge funds are becoming more institutionalised and have begun […]
IncreMental Conference on Asset Classes
HedgeCo.Net (New York) – IncreMental Advantage, LLC announced today that they will be holding their first conference on due diligence for board members and fiduciaries of pension funds, endowments and foundations on February 6, 2007 at the Harvard Club in […]
FSA urges more price transparency on hedge funds
Reuters – The Financial Services Authority (FSA) has recommended measures to make the hedge fund industry more open and transparent at a time when regulators have been stepping up scrutiny of thesector. The watchdog is urging fund managers to spell […]
New hedge fund venture lands in Oz
A joint venture between UK-based financial services group Dawnay, Day and local investment managers Les Walden and Jonathan Ramsay aims to bridge the gap between institutional investment requirementsand existing hedge fund products. Setting up operations in Australia and New Zealand, […]
Hedging on Hedge Funds
New York Times – In October, a month after the Amaranth hedge fund lost $6.6 billion  the most ever by a hedge fund  Henry Paulson Jr., the Treasury secretary, spoke with Bloomberg News about the importance of “transparency†[…]
HedgeCo Announces Launch of HedgeCoWebsites.com
HedgeCo Website Creation extends its track record of first-class website design and corporate branding services to the hedge fund community; 150th compliant hedge fund website goes live New York, New York– November 29, 2006 – HedgeCo Website Creation (HWC), a […]
Hedge Funds and Artificial Intelligence
HedgeCo.Net (New York) – Investment firms have increasingly begun exploring mathematics to it fullest, as arbitrage opportunities disappear so quickly now, neural networks have emerged thatcan consider thousands of scenarios at once. Ray Kurzweil, an inventor and new hedge fund manager, said […]
Judge holds Hedge Fund manager in Contempt of Court
HedgeCo.Net (New York) – U.S. District Judge Kenneth Ryskamp in West Palm Beach ruled that John Kim, 38, head portfolio manager of collapsed West Palm Beach hedge fund firm KL Group, was in contempt of court for allegedly defying an […]
Harrah’s eyed for merger
Biloxi Sun Herald – CNBC reported on Tuesday that Penn National Gaming and the D.E. Shaw hedge fund may make a play for Harrah’s Entertainment, the world’s largest casino operator. The television network, citing unnamed sources, said the hedge fund […]
Citadel Says Its Hedge-Fund Earnings Increased Fivefold in 2006
Bloomberg – Citadel Investment Group LLC, the hedge-fund manager founded by Kenneth Griffin, said earnings by its two largest funds increased more than fivefold on gains from debt and energyinvestments. Net income at Citadel Kensington Global Strategies Fund Ltd. rose […]
Commentary: You can’t judge a hedge-fund index by its coverage
MarketWatch – More hedge-fund indexes are on the drawing board, and they’re fundamentally different from those already in the market. Existing indexes measure the returns of hedge fund managers, sorted by the various types of strategies they pursue (equity long/short […]
Buba says hedge fund industry a source of risks to German Financial Sector
AFX News Limited – Germany’s Bundesbank said unfavourable trends in the hedge fund industry, as well as the sector’s influence on market dynamics and liquidity could become asource of risks to the German financial sector. In its Financial Stability Review […]