Author Archives: the HedgeCo News Team
Global Institutional Demand for Hedge Funds Will Triple to $1…
NEW YORK, Oct. 10 /PRNewswire-FirstCall/ — Global institutional demand for hedge funds will triple by 2010, increasing from $360 billion currently to more than $1 trillion, according to a new study of leading institutional investors, investment consultants and hedge funds […]
Hedge Fund worsen Rand Slide
HedgeCo.Net (New York) – The South African rand seems to be the world’s worst performing currency this year. According to an article by Bloomberg, an expanding trade deficit and the 12% gold drop since May have pummeled the rand, which […]
Hedge Funds Return +.10% in September
Forbes – The Greenwich-Van Global Hedge Fund Index returned +.10% in September according to a preliminary report released today by Greenwich-Van Advisors, LLC, a leading hedge fund index provider. In comparison, the S&P 500, NASDAQ, Nikkei 225 and the Lehman […]
Hedge funds’ long tradition
Wherever you travel on the information highway, look out for factoids. These tricky little creatures are bits of supposed knowledge that nobody has bothered to verify. They take on the aura of truth as they are repeated by people assumed […]
Andrew Cuomo Invested Campaign Money in Supporter’s Hedge Fund
HedgeCo.Net (New York) – Andrew M. Cuomo, Democratic candidate for attorney general, put $750,000 of his campaign treasury into a hedge fund directed by one of his largest financial backers. Two years later, the investment showed a return of nearly […]
Maples Finance launches new office in Hong Kong
HedgeCo.net ( New York ) HONG KONG –Maples Finance Asia Limited, the wholly owned corporate, fund administration and investor services subsidiary of Maples and Calder, the international law firm, has today announced the launch of its new office in Hong […]
Hedge funds are older than you think, Buffett says
Orange County Register – Wherever you travel on the information highway, look out for factoids. These tricky little creatures are bits of supposed knowledge that nobody has bothered to verify. They take on the aura of truth as they are […]
NYSE warns against bad bourse mergers
Reuters – Long-term investors in the world’s largest stock exchanges should watch out for short-term hedge funds driving them into bad mergers, the head of the New York Stock Exchange was quoted in anewspaper on Monday as saying. The prospect […]
Hedge fund investors are getting clipped
Santa Cruz Sentinel – In a spectacular blowup, Amaranth Advisors LLC lost $6 billion of its $9.5 billion of assets in a single month. The fund achieved this feat by making a highly leveragedwrong-way bet on the direction of natural […]
Thomas H Lee plans to float hedge fund
Life Style Extra – Thomas H Lee Capital Management said it plans to float its fund of funds hedge fund, Lee Diversified Opportunities Limited, on the London Stock Exchange. Its main focus will be on mitigating risk and preserving capital, […]
Investors keep hedge funds after two big losers
Reuters – Private bankers say clients remain sanguine about the hedge fund industry in spite of billions of dollars in losses reported by two top hedge funds in the past month. At the Reuters Wealth Management Summit in Geneva, top […]
Prickly days for hedge funds
New Zealand Herald – A record number of hedge funds are being liquidated and the rate of start-ups has slowed dramatically, according to new research. The quarterly performance data from Chicago-based Hedge Fund Research will stir fresh concern about an […]