Author Archives: the HedgeCo News Team

WEST PALM BEACH, FL (HEDGECO.NET) – Fauchier Partners, an investment management subsidiary of BNP Paribas has purchased the Javelin fund of hedge funds according to released statement. Javelin fundof hedge funds has about US$650 million in assets, and is owned […]

WEST PALM BEACH, FL (HEDGECO.NET) – The hedge fund institutional market in the United Kingdom is gaining momentum. Martin Currie, an Edinburgh based hedge fund manager, said its assets have reachedUS$1 billion mark, about 18 months ahead of schedule. According […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission voted unanimously to pass new provisions against market timing abuses. According to the new rules, mutual fundestablishments must fully detail out their policies to investors with respect to market […]

NEW YORK, NY, April 15, 2004 — The CSFB/Tremont Hedge Fund Index is up 0.28% for March 2004, according to Oliver Schupp, President of Credit Suisse First Boston Tremont Index LLC. �Despite a difficult and volatile environment in the equity […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Massachusetts State Pension fund has appointed five hedge fund groups to help the group implement its hedge fund investment strategy. The state pension fundhas devoted about $1.625 billion to hedge fund investments, according […]

WEST PALM BEACH, FL (HEDGECO.NET) – Mellon HBV Asset Management has refocused its U.S. Special Situations strategy to Event Driven, according to a new press release. The release explained that thechange was made necessary by unfolding �key event-driven investment opportunities.� […]

WEST PALM BEACH, FL (HEDGECO.NET) – The French asset management firm and banking giant, BNP Paribas is under investigation by the district attorney�s office of Manhattan, New York. The investigationwas triggered by possible improper banking practices discovered by internal audit […]

WEST PALM BEACH, FL (HEDGECO.NET) – Man Group PLC has unveiled a new registered fund aimed at US Tax-Advantaged Investors, according to a recent press release. The new product, Man-Glenwood LexingtonTEI, LLC, is sponsored by Glenwood Capital Investments, L.L.C., and […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Old Mutual investment managing company has announced plans to launch two new hedge fund strategies according to a press release. The two funds will employlong-short strategies in trading equities the statement said. The […]

WEST PALM BEACH, FL (HEDGECO.NET) – New types of hedge funds continue to hit the hedge fund market, according to published reports, as Islamic hedge funds have recently launched. The Saudi Economicand Development Company have introduced a new Sharia compliant […]

WEST PALM BEACH, FL (HEDGECO.NET) – BAREP Asset Management has announced the launching of its latest hedge fund, the BAREP Condor Long/Short equity fund. The new portfolio was seeded with about $100million according to a recently released statement. The managers […]

WEST PALM BEACH, FL (HEDGECO.NET) – The German authorities will be loosening hedge fund tax reporting requirements according to Dow Jones News. The development follows recent announcements by Germanregulators that hedge funds have been authorized for retail investors in the […]