Author Archives: the HedgeCo News Team
Abria wins Canada’s best Fund of Hedge Fund Award
WEST PALM BEACH, FL (www.HedgeCo.Net) – The Abria Diversified Arbitrage Trust was honored in the Canadian first ever investment award at a gala in Toronto. The fund is managed by Abria FinancialGroup. The Abria fund is ranked the best Risk-adjusted […]
Singaporean Hedge fund industry grew by 250% in last 3 years
WEST PALM BEACH, FL (www.HedgeCo.Net) – The hedge fund industry of Singapore has grown at a ferocious rate during the past 3 years. According to a new published report, the industry has grown fromabout 8 hedge funds about three years […]
Brook Venture Fund Portfolio Company, IMN, Appoints New CEO
Marketing and Electronic Publishing Veteran to Accelerate IMN’s Growth with Industry-Tailored E-Communications Products WAKEFIELD, MA, December 8, 2004 – Brook Venture Fund announces today that its portfolio company IMN, a leading e-communications service provider, has appointed David A. Fish as […]
CalPERS Management to disclose equity fees to hedge fund managers
WEST PALM BEACH, FL (www.HedgeCo.Net) – The San Francisco based California Public Employees Retirement System {CalPERS} has agreed to disclose its private equity fees and other costs paid to hedgefund managers overseeing its private equity portfolios. The settlement resulted from […]
S&P says weak dollar helped Hedge Funds in November
WEST PALM BEACH, (www.HedgeCo.Net) – Standard and Poor�s said on Tuesday that hedge fund returns in November benefited from the falling US dollar, and rising equity markets following the recent USpresidential elections. The Managed futures strategies according to S&P gained […]
New Rules for Business Development Companies – Who Cares? Who Should?
SAN FRANCISCO (www.HedgeCo.Net) – In what could be characterize as an interesting allocation of internal resources, the Securities and Exchange Commission (the �SEC�) recently proposed new rulesunder the provisions of the Investment Company Act of 1940 (the �1940 Act�) that […]
OneWorld Investments Names Daniel T. Smythe Manager Director
Boston, MA, December 8, 2004— OneWorld Investments, L.P, a Boston-based Registered Investment Advisor that manages $282 million of hedge fund assets in emerging market strategies, announced todaythat it has appointed Daniel T. Smythe as Managing Director of client marketing and […]
Van Global Hedge Fund Index Gains 2.4% Net in November
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds continue to post better results, according to the latest data from the Van Global Hedge Fund Index. According to VAN, hedge funds gained 2.4% Netfor November preliminary returns, based on over 300 […]
CME to offer New Membership Class for Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The Chicago Mercantile Exchange, {CME}, announced that it will introduce a new Family of Funds membership class for hedge funds. According to the pressrelease, the CME Board of Directors approved the new class at […]
US Congressman calls for an investigation of role of Hedge Funds in Energy markets
WEST PALM BEACH, FL (HEDGECO.NET) – US House Democrat John Dingell of Michigan is calling for an investigation of the role of hedge funds in the gas market. Congressman Dingell is a ranking member ofthe House Committee on Energy and […]
Many analysts and Hedge Fund managers see steady growth for the hedge fund industry
WEST PALM BEACH, FL (HEDGECO.NET) – Many analysts and hedge fund managers see steady growth for the hedge fund industry despite the current challenges confronting the industry. According to Reuters,analysts and fund managers believe hedge fund portfolios will continue to […]
Florida Hedge Fund Firm Sends its Profits to Charities Around the World
American Diversified Funds spreads it fortune to the less fortunate NAPLES, FL. American Diversified Funds (ADF), Inc. is giving away up to 50% of the firm�s profits, which is the maximum allowable by the IRS, to U.S.-based and international charities. […]