Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Group G Adds Portfolio Manager

NEW YORK, July 10, 2006 – Group G Capital Partners, LLC, a fixed-income investment advisor specializing in a market-neutral high yield investment strategy, is pleased to announce that Arthur L. Weiss has joined as a Portfolio Manager. Mr. Weiss is […]

Hedge Fund Dexion Widens Market Base

WEST PALM BEACH, FL (HEDGECO.NET) – Dexion Absolute Ltd. plans to boost its assets up to $1.5 billion by issuing up to $500 million in new shares. Dexion is readying the shares for a September marketing, in sterling, euros, dollars […]

Fund managers front-running hedge funds is Duffield’s biggest worry

CityWire.co.uk – John Duffield, founder chairman of New Star Asset Management, has raised serious concerns about the issue of fund managers front running their long-only funds with hedge funds. He said: ‘That’s the thing that worries me most in this […]

EU to back use of hedge funds

ifaonline.co.uk – HEDGE FUNDS should no longer be taboo for retail investors the European commission is likely to rule this year, reports The Guardian. According to the paper, the commission will say hedge funds should pose little or no risk […]

International Markets Report –

Business Day –  INVESTMENTS in hedge funds betting on metals, grains and other raw materials would grow faster than money tracking commodity indexes, partly because of the lower risk involved, NewFinance Capital LLP said. Hedge funds that trade commodities would […]

Rock solid managers in short supply

CityWire.co.uk – Fund managers who produce above average returns year-in, year-out are a very rare species, research by New Star Asset Management’s fund of funds team shows. Only one in 34 managers in the UK All Companies sector has produced […]

Senators press Bush over hedge fund chief

Three influential US senators have asked President George W. Bush to raise the case of William Browder, the hedge fund chief who has been barred from entering Russia, when he meets Vladimir Putin at the Group of Eight summit this […]

Bisys Loses Details of 61,000 Hedge Fund Investors

Bloomberg – Bisys Group Inc. said personal details about 61,000 hedge fund investors were lost when an employee’s truck carrying the files was stolen. Backup tapes with the information, including the social security numbers of 35,000 individuals, were being moved […]

Hedge funds: Playing dice with the universe –

Asia Times Online – In every decade, certain socio-cultural archetypes arise to become the avatars of their time. In the 1950s, there was the corporate “organization man” in his gray flannel suit; in the ’60s, the tie-dyed flower-power hippie. In […]

South Africa’s hedge fund industry set to double

Sunday Times – South Africa’s hedge fund industry is about to double in size over the next two to three years, says Rand Merchant Bank. RMB is putting their faith behind this belief and has announced they are to be […]

CME Hires Hedge Fund Specialist

WEST PALM BEACH, FL (HEDGECO.NET) – Tina Lemieux has been hired as CME´s new hedge fund managing director, a 10-year CME veteran who previouslyserved as director of CME equity products and worked to develop hedge fund and retail business as […]

Hedge Fund Strikes Out on its Own

WEST PALM BEACH, FL (HEDGECO.NET) – Hyder Ahmad, head of risk arbitrage and co-head of securities for Asia at Goldman Sachs Inc. has resigned to start an Asian hedge fund. He is planning to raise £1 billion from Asia-based investors […]