Author Archives: the HedgeCo News Team
Business Briefs: More cash flowing to hedge funds
Hedge funds received a net $12.7 billion from investors in the third quarter, an increase of 9.5 percent from the previous three months, as investment returns improved, according to Tremont Capital Management Inc. “Third-quarter performance was up about 5.9 percent, […]
HFR Broadens Its Portfolio Offer With Launch Of Specialist Asian Market Fund In Partnership With Oria Capital
London and Hong Kong – 7th November 2005: HFR Asset Management (“HFR”)and Oria Capital (“Oria”) have joined forces to launch a principleprotected fund of funds that will provide the stability of investing inthe HFRX Global Index with the more aggressive […]
October 2005 Performance Review of the Dow Jones Hedge Fund Strategy Benchmarks
A monthly report from Dow Jones Indexes on the performance of the Dow Jones Hedge Fund Strategy Benchmarks After ending the third quarter on a high note, all of the hedge fund strategies covered by Dow Jones Hedge Fund Indexes […]
Hedge funds want Deutsche Boerse/Euronext merger
www.reuters.com – LONDON (Reuters) – Hedge funds want a merger between European bourse operator Euronext and rival Deutsche Boerse because it would create thebest value for investors, hedge fund sources said. Last year Deutsche Boerse made a bid for the […]
Hedge Fund Report: Betting It All on Russian Gas
www.thestreet.com Speculation can take different forms. You can reach for big returns in far-flung lands, invest in sectors with a lot of historicalvolatility, or eschew diversification by betting all your money on a single stock. Gazinvest, a hedge fund based […]
Don’t push Portus into bankruptcy, co-founder pleads
JERUSALEM — Boaz Manor, co-founder of collapsed investment company Portus Alternative Asset Management Ltd., has pleaded through his lawyer to receiver KPMG Inc. to reconsider moves towards placing the company into bankruptcy. In the first communication from Mr. Manor’s Tel […]
Hedge Fund Ends Its Fight For Kaman
The battle for control of Bloomfield-based Kaman Corp. has ended, and for the first time in 50 years all shareholders will have a voice in how the company is run. A hedge fund that filed suit against Kaman to block […]
Hedge fund talking with Spitzer, SEC over $100M pact: WSJ
SAN FRANCISCO (MarketWatch) – Millennium Partners LP, a $5 billion hedge-fund firm run by Israel Englander, is in talks with New York Attorney General Eliot Spitzer and the Securities and Exchange Commission about settling securities-fraud charges, the Wall Street Journal […]
Storebrand establishes four hedge funds in Luxembourg – Forbes
LONDON (AFX) – Storebrand Investments said it established four hedge funds in Luxembourg aimed at the institutional market during the third quarter. The four long/short equity funds are in addition to the firm’s active credit, tactical asset allocation and global […]
Hedge fund deadline fast approaching – CNN
NEW YORK (CNN/Money) – The deadline for hedge fund registration in the United States isn’t officially until early next year, but managers may have less time than theythink they do to deliver the paperwork. That’s because the Securities and Exchange […]
PAAMCO says checks can reveal hedge fund problems – Reuters.uk
LONDON (Reuters) – Fraud allegations against U.S.-based Bayou and Wood River have scared some investors away from hedge funds, but Pacific Alternative Asset Management Company (PAAMCO) saysbackground and operational checks should highlight any problems. “Conflict of interest is a main […]
Convergent Management Ltd. Unveils New Private Equity Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Convergent Management, Ltd. has launched its first private equity fund, the Convergent Private Equity Fund I, Ltd. The Fund’s primary investment objective is to identify and invest in companies that Convergent Management, Ltd., the […]