Author Archives: the HedgeCo News Team
IPO Completed by Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Goodman & Company, Investment Counsel Ltd. announced that diversiGlobal Dividend Value Fund has completed its initial public offering. The hedge fund issued 3,500,000 units at $10.00 per unit, for gross proceeds of $35 million, […]
Exotic Emerging Bubble
WEST PALM BEACH, FL (HEDGECO.NET) – Emerging market hedge funds who are investing in Exotic stocks, such as Brazil, Russia, India and China, have seen some stormy weather in the past two months. Almost all the emerging markets have since […]
Hedge Funds fuel Millionaire boom
WEST PALM BEACH, FL (HEDGECO.NET) – According to a study released on tuesday by Merrill Lynch & Co. regarding the soaring number of millionaires; experts at the financial services firm concludethat the higher wealth accumulation in 2005 reflected more aggressive […]
Investors could get Hedge Fund cash back
WEST PALM BEACH, FL (HEDGECO.NET) – Portus Alternative Asset Management may be able to recover and return investor assets of up to $678.9 million. Portus, a now defunct hedge fund that left more than 25,000 investors unable to access their […]
Hedge Fund Soccer Club
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge Funds have begun to have a growing intrest in the football industry. In an article published by Times-online, many hedge funds like, Perry Capital, Och-Ziff Capital Management, and Citadel are playing parts as […]
Bank of Ireland Group and Paul Capital Announce Private Equity Fund of Funds Joint Venture
WEST PALM BEACH, FL (HEDGECO.NET) – Bank of Ireland Group announces that it has established a joint venture with Paul Capital Partners (PCP), a leading US private equity specialist, to provide private equity fund of funds products and advisory services […]
Trichet says would be reassured by more transparency in hedge fund operations
Forbes – BRUSSELS (AFX) – European Central Bank president Jean-Claude Trichet said greater transparency in the operations of hedge funds would provide reassurance about the stability of the world financial system. Trichet told the European Parliament economic and monetary affairs […]
When Hedging Doesn’t Pay Off
Washington Post – The financial world has been suffering lately from Post-Greenspan Stress Disorder. The new chairman of the Federal Reserve, Ben Bernanke, has been accident-prone, and some investorshave gotten the jitters. They might be reassured if they paid more […]
Mitel Introduces IP Trader Solutions – Converged Offering Unveiled at 2006 SIA Technology Management Conference
Yahoo! – Mitel®, the trusted innovator of IP communications solutions and applications, today unveiled a portfolio of IP Trader Solutions for financial services organizations at the 2006 SIATechnology Management Conference in New York. In partnership with PAETEC Communications, Inc., the […]
Paladyne integrates Reuters DataScope into hedge fund platform
Finextra – Reuters (LSEL RTR, Nasdaq: RTRSY) and Paladyne Systems, LLC, a leading solutions provider for the hedge fund industry, today announced a strategic alliance which combines the Reuters DataScope market data solution with Paladyne’s front- to- back office hedge […]
Neural networks invade hedge fund industry
Moneycontrol.com – Imagine a mathematical system that works like a human brain, can absorb thousands of bits of information in seconds, learn from its mistakes, adapt to new environments and help a manager allocate money to hedge funds. Reuters reports. […]
Cayman hedge fund industry set for record growth
Reuters – Some 665 hedge funds established a presence in the Cayman Islands in the first five months of 2006, a pace that could put the offshore banking center on track for another record year inregistrations in 2006, Cayman officials […]