Author Archives: the HedgeCo News Team
Selling Unwinds as Volatility Abounds
Street.Com – Global central bankers served up a cocktail of coordinated tightening Thursday, leading to dislocations around the world that featured falling commodities markets and a rising dollar. The stock market’s late-day rebound took some of the sour taste from […]
Moneyization Part Twenty-five
Last Monday we watched rain, perhaps even some hail, fall on Wall Street’s parade. For two decades the Street had relied on a friend at the Federal Reserve to keep the rain off them. The 20-year era of ever descending […]
OSC sets hearing over Sears complaints
Globe and Mail – The Ontario Securities Commission has called a hearing into the U.S.-based Sears Holdings Corp.’s complaint that three dissident shareholders of its Canadian division worked in concert to try to thwart the parent company’s takeover bid. The […]
Eurotunnel chief open to new plans
Eurotunnel’s executive chairman has signalled a new openness to alternatives to the restructuring plan announced last week. Jacques Gounon yesterday said he was open to improvements to the plan and intended to talk to bankers drawing up two separate proposals. […]
Cost concerns boost multi-strategy hedge funds
LONDON (Reuters) – Multi-strategy hedge funds are growing in popularity with investors who previously chose funds of hedge funds as they cost less and can quickly move assets to markets with the most potential, hedge fund managers say. Multi-strategy hedge […]
Blackstone opens HK office for fund of hedge funds
Reuters -The Blackstone Group [BG.UL] has opened an office in Hong Kong to provide marketing and support for its fund of hedge funds division, a spokesman for the New-York based investment firm saidon Friday. The business, known as Blackstone Alternative […]
Hedge Fund solutions by Credit Suisse and Paladyne Systems
WEST PALM BEACH, FL (HEDGECO.NET) – Paladyne Systems LLC, a solutions provider for the hedge fund industry, announced a strategic alliance with Credit Suisse to deliver a partnership that allows Credit Suisse clients to access both the Paladyne technology platform […]
Yorkville Advisors Hires Former SEC Branch Chief
WEST PALM BEACH, FL (HEDGECO.NET) – Yorkville Advisors, LLC, a firm engaged in providing financing solutions to growing companies in the small-cap sector worldwide, today announced that it has hired Eric Hansen as Senior Legal Counsel. Mr. Hansen, 43, reports […]
Dow Jones Indexes to Launch Blue Chip BRIC Index
WEST PALM BEACH, FL (HEDGECO.NET) – Dow Jones Indexes, a leading global index provider, today announced that it will expand its existing index family by launching the Dow Jones BRIC 50 Index, a blue-chip index measuring the performance of the […]
Hedge Funds Return -0.51% in May; Hedge Funds Outperform Most Benchmarks
Forbes – The Greenwich-Van Global Hedge Fund Index returned -0.51% in May 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, Dow Jones Europe Stoxx Index, […]
Copper Clips Ospraie Fund
New York Post – A hedge fund highflier has been brought to ground by a bet gone bad in copper. Dwight Anderson is closing one of his hedge funds – the $250 million Ospraie Point fund – after a series […]
London’s office space tops global price list
MarketWatch – London’s West End district remains the most expensive place in the world for office space, with rents in this area of the U.K. capital now averaging $185.60 a square foot, up 10% in a year. The West End […]