Author Archives: the HedgeCo News Team
Horizon Names Michael O’Phelan Senior Director Of Sales
CHICAGO, December 5, 2005 – Horizon Cash Management LLC, a leading cashmanager to alternative asset investment funds, today announced thatMichael O’Phelan has been appointed as Senior Director of Sales, a newlycreated position. Mr. O’Phelan, 40, will oversee sales efforts globally […]
Dow Jones Indexes Launches Dow Jones EPAC Select Dividend, Dow Jones Canada Select Dividend Indexes
NEW YORK (Dec. 5, 2005) Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones EPAC Select Dividend Index, which tracks the top 100 yielding stocks in Europe, Pacific, Asia and Canada, and the […]
Hedge Fund Settles Trade Case
New York Times – Millennium Partners, one of the most successful hedge fund managers, agreed yesterday to a $180 million settlement over an elaborate, scheme to trade in and out of mutual funds. Millennium’s founder, Israel A. Englander, a prominent […]
Hedge Funds Hit Limits
TheStreet.com – When it comes to hedge fund returns, size matters. So far this year, hedge funds have returned an average of 2.42%, according to data compiled by Standard & Poor’s. That’s below the S&P 500’s return of 3.76% and, […]
US firms lead the UK in hedge funds
The Times – LONDON’S hedge fund managers dominate headlines with flashy parties and bumper bonuses, but when compared with their transatlantic cousins they remain minnows. DE Shaw, a secretive operation based in New York City, has topped a list of […]
Blackstone eyes hedge fund move
MSNBC – Blackstone, the world’s largest independent alternative asset manager, is planning an aggressive move into hedge funds, where it believes it can be a significant force with potentially $10bn under management. “The first brick is in place,” Tony James, […]
Hedge fund files suit to move up Algoma shareholder vote
The New York hedge fund that wants to replace a majority of the board of directors at Algoma Steel Inc. said Thursday it has filed a lawsuit to move up a March 22 shareholder vote. Paulson & Co. Inc., which […]
Leading European Hedge Fund Takes Large Stake In Hong Kong’s Link
Tax-news.com – One of Europe’s largest hedge funds has bought up a reported 18% of the publicly traded shares in the recently launched Hong Kong Link REIT, the world’s largest initial public offering in a real estate investment trust. According […]
Hedge funds bet big on Asia as gold prices shine brighter
Hedge funds, after pushing gold prices to 22-year highs, are looking to China and other Asian central banks as the next big drivers of the metal.This month Russia, Argentina and South Africa decided to increase the amount of gold in […]
Wilshire Associates Launch DOW Jones Wilshire U.S. Industry Indexes
NEW YORK (Nov. 30, 2005)â€â€Dow Jones Indexes, a leading global index provider, and Wilshire Associates Incorporated, a leading investment consulting, management and technology firm, today announced the release of the Dow Jones Wilshire U.S. Industry Indexes. The Dow Jones Wilshire […]
10 Thousandth Hedge Fund Registered In Cayman
A Hedge Fund called the Rutland Fund recently became the Cayman Islands? 10,000 registered fund authorized by the Monetary Authority to operate in the Cayman Islands. Since the passage of the Mutual Funds Law back in 1993 The registration of […]
Hedge Funds Buy Life Insurance Policies to Ply New Profit Path
Bloomberg – For Michael Mandell, running a hedge fund is a matter of life and death. After investors pulled 90 percent of the $80 million in his New Aquarian funds starting in 2004 amid bruising competition in the industry, Mandell […]