Author Archives: the HedgeCo News Team
Launch of Focus Capital
HedgeCo.net ( New York ) – Launch of Focus Capital – the first specialist Emerging Markets fund of funds asset manager The launch of a new independent specialist emerging markets asset manager is announced today. Focus Capital, headed by John […]
Hedge Funds Launches vs Closures
HedgeCo.Net (New York) – Since January 2005, a total of 2,622 new hedge funds have been launched, according to a report by Hedge Fund Research Inc., released on wednesday. But figures also show that1,071 hedge funds have shut in the […]
Hedge Fund Whitebox Challenges Late Filing Company
HedgeCo.Net (New York) – Business process outsourcer Affiliated Computer Services (ACS), missed its extended filing date for its fiscal year ended June 30, 2006. Which was the time period allowed under Securities and Exchange Commission rules for an issuer to […]
Vega insists it is ‘strong and stable’
MSN MoneyCentral – Vega Asset Management, the hedge fund firm that has seen its assets plunge by billions of dollars in recent weeks following steep losses on bond and currency trades, has sought toreassure investors that it remains “strong and […]
SEC staff recommends no action against Pequot Capital, hedge fund says
Stamford Advocate – Securities and Exchange Commission attorneys are recommending that no action be taken against Wall Street executive John Mack or Pequot Capital Management Inc. in an insider-trading probe that led to allegations of political interference within the SEC. […]
Morgan Stanley offers Hedge Fund Options as Incentive to Employees
HedgeCo.Net (New York) – Morgan Stanley, the largest securities firm in the world market, has offered its staff millions of dollars in incentives to keep and retain new employees, as Lehman Brothers and Goldman Sachs present tough competition and pay […]
Hedge Funds and Australia
HedgeCo.Net (New York) – UBS hosted a Melbourne conference last week, attended by hedge funds FrontPoint Partners, Highbridge, Och-Ziff Capital Management, Pequot Capital and York Capital. Finance Minister Nick Minchin said at the conference. “We have a very strong financial […]
Shorting the hedge fund industry
Marketwatch – When TV commentator Ron Insana starts getting into hedge fund management, it’s probably time for everyone else to get out. This isn’t to slight Insana, who is among the most sober and intelligent thinkers on that channel, if […]
Endowment growth may start to slow
Yale Daily News – The days may be numbered on the rocketing growth of Yale’s endowment. The University’s investment portfolio – valued at $15.2 billion in June of 2005 – grew 22.9 percent to $18 billion this year, marking the […]
Vega hedge fund faces slashed asset base after steep trading losses
Forbes – Steep trading losses at Vega Asset Management, a hedge fund firm, may lead some investors to withdraw money, cutting its assets to as low as 1 bln usd from a peak ofabout 12 bln, the Financial Times reported. […]
Europeans all talk no action on hedge funds
Reuters – European institutional investors have long sung the praises of hedge funds, but have been slow to put money into these loosely regulated portfolios, according to a study released onWednesday. European investors have been talking hedge funds up since […]
Cazenove and Gam offer retail access to hedge fund strategies
Investment Week – Cazenove and Gam are offering retail access to hedge fund portfolios with both firms launching fund of fund-style strategies. Cazenove Capital Management will launch a portfolio exposed to three of its hedge funds, run by Tim Russell, […]