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.

Fund managers do their maths

MSNBC – More than 28 per cent of all US equity trading was driven by so called “algorithmic trading” at the end of last year, as traditional fund managers followed the lead of hedge funds and began to embrace complex […]

Hedge Funds Flog Micron/Lexar Deal

TheStreet.com – Several hedge funds continue to oppose Micron’s (MU:NYSE – commentary – research – Cramer’s Take) acquisition of Lexar Media (LEXR:Nasdaq – commentary – research – Cramer’s Take),and recently told the companies that they plan to vote against the […]

Attorney: NYU student was ‘pawn’ in $7 million hedge fund scam

Boston Globe – A former New York University whiz kid whose Greenwich hedge fund cost investors millions of dollars was the fall guy in the fraud, not the criminal mastermind, his attorney said Tuesday. Prosecutors rejected that idea, saying Hakan […]

Protecting hedge funds from fraud

Cay Compass – Hedge funds have distinct product and market characteristics that make them vulnerable to money laundering, fraud and even terrorist financing. They are manager skill–based, which means there is a certain level of proprietary knowledge involved in the […]

Hedge fund pay soaring to new heights

MSNBC – NEW YORK – From Wall Street to Main Street, CEO compensation is big business these days. How much does your hedge fund manager make?  The chances are it’s a lot.  Hedge Funds are hot. With inflows from pension […]

Hedge fund Liberation demands Multimedia changes

Reuters – Activist hedge fund Liberation Investment Group LLC said on Tuesday it is stepping up its campaign to boost share value at Multimedia Games Inc. (MGAM.O: Quote, Profile, Research), saying it may run a proxy battle or take other […]

Hundreds Of Millions For Top Hedge Funders

KGO – Where is the money and power on Wall Street? A new survey reports that it is firmly in the hands of those who run hedge funds. How about an annual payday of $1.5 billion? According to a surveyby […]

Popular Brazil trade gets crowded at exit point

Financial Times – Foreign investors have piled into Brazilian domestic debt since last year as spreads on the country’s sovereign bonds over comparable US Treasuries have tightened almost toinvestment-grade levels and returns on domestic bonds have become much more compelling. […]

Japanese investors embrace hedge funds

Japanese pension funds are examining alternative investment vehicles more closely, according to panellists at the Terrapinn Investor Asset Allocation Japan conference in Tokyo. But Masakazu Arikawa, president for Mcube Investment Solution, Japan, and former president of the Sony Global Pension […]

Offshore tax risk to hedge fund managers

Financial Times – Hedge fund managers could have to pay hundreds of millions of pounds in tax after a crackdown on firms that channelled excessive profits to offshore tax jurisdictions. // Investigators are pursuing fund managers who cannot justify the […]

Companies advised to heed hedge fund demands

Reuters – Hedge funds, whose huge stock bets can cause big market swings, are feared and reviled by many corporations that prefer more control over their fortunes. But companies willing to open their doors to hedge fund scrutiny could gain […]

Top 25 Hedge Fund Managers

WEST PALM BEACH, FL (HEDGECO.NET) – The Top 25 highest paid hedge fund managers earn $363m on average, according to the Institutional Investor’s Alpha magazine list. Up 45 per cent from the $251maverage in 2004. The top slots are an […]