Author Archives: the HedgeCo News Team
Man Group sees strong results
Reuters – Man Group, the world’s largest listed hedge fund firm, said it expected fee income and earnings per share to have risen by about a third in the six months to the end of September, sendingits shares to a […]
China calls for cooperation on hedge fund risks
Reuters – Financial regulators across the world need to work together to keep checks on the increasingly powerful $1.2 trillion (640 billion pound) hedge fund industry, China’s banking regulatoryhead said in remarks published on Thursday. “Regulators in all countries should […]
London’s hedge funds outpace the rest
Times Online – LONDON’S biggest hedge fund managers are pulling away from the rest of the pack as investors favour larger players, according to a new ranking published today. Some big asset managers have produced asset growth of 50 per […]
Armajaro Asset Management to Launch a “Pure Portable Alpha†Fund
HedgeCo.net ( New York ) – London, 02 October 2006 – Armajaro Asset Management (AAM) today announced the launch of the Wentworth Fund. Armajaro has created an innovative method of investing in longshort equity hedge fund managers and stripping out […]
Eddington Triple Alpha Fund celebrates third anniversary with league-leading returns
HedgeCo.net ( New York ) – Eddington Capital Management Limited (“Eddingtonâ€Â), the specialist high return target fund-of-hedge funds manager, is delighted to celebrate the third anniversary of its flagship Eddington Triple Alpha Fund with league-leading 23.3% net returns, placing it […]
China’s Banking Chairman warns of Hedge Fund risks.
HedgeCo.Net (New York) – At the end of April 2006, there were altogether over 28,000 banking institutions in Mainland China. The total assets of the banking industry registered nearly RMB40 trillion, accounting for more than 90 per cent of the […]
Sears and Controversial Hedge Fund Managers
HedgeCo.Net (New York) – Sears Holdings Corp, headed by hedge fund billionaire Edward Lampert, is trying to offer a controversial $908-million privatization bid for its subsidiary Sears Canada Inc. Sears is planning “seek leave to appeal†the Ontario court decision […]
Buffett Says Hedge Funds Are Older Than You Think
Bloomberg – 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 […]
Pirate Capital loses staff after returns slip
MarketWatch – Pirate Capital LLC has lost several analysts and one portfolio manager this week after returns at the $1.7 billion activist hedge fund slipped this year. Two analysts, Zachary George and David Lorber, resigned on Tuesday and fixed-income portfolio […]
Hedge fund study bill clears first hurdle
Financial News Online US – The US House of Representatives has approved a bill to commission a study on hedge funds that could result in greater disclosure for theindustry. The move follows calls from regulators to increase scrutiny in the […]
Key Recovery Fund wins award
HedgeCo.net ( New York ) – – Key Asset Management is delighted to announce that Key Recovery Fund has won ‘best performing single strategy specialist fund of funds under €200m’ in the MARHedge Annual European Performance Awards 2006. The fund […]
5th Annual Hedge Fund Rocks & Industry Awards
Celebrating five years and over $1 million of raised funds for Australian families afflicted with cancer, last night’s annual Hedge Funds Rock event really was something to rock on about. Over 550 guests embarked on HOME nightclub to formally recognise […]