Category Archives: HedgeCo News
Two New Directors To The AIMA Hedge Fund Council
New York (HedgeCo.Net) – The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the appointment of two new directors to the AIMA Council, its global governing body. The two directors are Martin Pabari, Chief Operating […]
Pershing Wins HFMWeek Award For Best Prime Broker – Innovation
New York (HedgeCo.Net) – BNY Mellon company, Pershing LLC’s prime brokerage business unit has been named ‘Best Prime Broker—Innovation’ at the 2014 HFM US Hedge Fund Services Awards hosted by HFMWeek. This is the fourth time Pershing Prime Services has won […]
SS&C GlobeOp Forward Redemption Indicator: 5.05% In November, Up From 3.12% In October
New York (HedgeCo.Net) – Today SS&C GlobeOp announced that its Forward Redemption Indicator for November shows notifications of 5.05%. This figure is up from 3.12% in October. “In line with seasonal expectations, forward redemption requests increased in November due to […]
Jason Scharfman’s New Book On Hedge Fund Governance
New York (HedgeCo.Net) – Case studies of hedge fund governance failures including Weavering Capital, Madoff’s UK operation and AIJ Japan are being brough to light in a new book on hedge fund governance by Jason Scharfman (Managing Partner) at Corgentum Consulting. […]
2014 Global Hedge Fund Technology Benchmark Study
New York (HedgeCo.Net) – For the fourth consecutive year, Eze Castle Integration has surveyed a section of the investment management community to understand the systems and service providers funds are working with to achieve these best practices and attract investors. Eze […]
Pension Funds Are Increasing Hedge Fund Holdings
New York (HedgeCo.Net) – U.S. financial group State Street recently published a study finding that, despite Calpers recent divestment from hedge funds, 77% of pension funds expect their appetite for alternative investments such as hedge funds and private equity funds […]
Blackstone And Colombia Management Team Up To Improve Hedge Fund Base
New York (HedgeCo.Net) – Columbia Management and Blackstone’s Alternative Asset Management sector are teaming up to research and develop investment solutions that leverage Columbia’s asset management capabilities and Blackstone’s hedge fund solutions business, Bloomberg reports. “Collaboration with Blackstone will enhance […]
Blackstone and NWI Management Develop a New Platform to Invest in Emerging Markets
New York (HedgeCo.Net) – Blackstone Alternative Asset Management (BAAM), Blackstone’s hedge fund solutions business, and NWI Management, LP (NWI), a global macro hedge fund, launched Blackstone NWI Asset Management LLC (BNAM), a new asset manager jointly owned by the two […]
Hedge Funds Down In October, S&P Up 2.32%
New York (HedgeCo.Net) – The Hennessee Hedge Fund Index lost -0.18% in October (+1.89% YTD), while the S&P 500 gained +2.32% (+9.18% YTD), the Dow Jones Industrial Average rose +2.04% (+4.91% YTD), and the NASDAQ Composite Index jumped +3.06% (+10.87% […]
Highlights From The November 2014 Eurekahedge Report
New York (HedgeCo.Net) – Hedge funds are up 3.45% year-to-date with roughly 18% of funds boasting double digit returns for the year, half the number for the same period last year, Eurekahedge reports today. Total net asset flows for 2014 […]
Credit Suisse Hedge Fund Index Down 0.80% in October
New York (HedgeCo.Net) – The Credit Suisse Hedge Fund Index (the “Broad Index”) finished down 0.80% for the month of October. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. September, October and YTD 2014 performance numbers […]
Sandell Hedge Fund Sends Activist Letter To TransCanada
New York (HedgeCo.Net) – Activist hedge fund Sandell Asset Management is taking on oil giant TransCanada, requesting a spinoff of its energy sector and urging the company to take advantage of a low tax paying affiliate. “Although we are excited […]