Category Archives: HedgeCo News
SEC Obtains Asset Freeze and Other Emergency Relief in Fraudulent Tender Offer Scheme
New York (HedgeCo.Net) – The Securities and Exchange Commission filed an emergency action ex parte against Luis Chang and Everbright Development Overseas Limited. The Commission alleges that Defendants Chang and Everbright victimized an American mining company, Allied Nevada Gold Corporation […]
Chicago-Area Attorney Charged after SEC Exam Spots Fraud in Real Estate Investment Offering
New York (HedgeCo.Net) – The Securities and Exchange Commission today charged the founder of an investment advisory firm located in suburban Chicago with defrauding investors in connection with a real estate venture for which his firm offered securities. After an […]
IRS Issues New Rule Regarding Hedge Fund Fees
New York (HedgeCo.Net) – The IRS is backing investors who want to change the amount of fees a hedge fund firm can charge. By issuing a new rule reducing the incentive fees assessed by hedge funds for institutional investors, the […]
SS&C GlobeOp Hedge Fund Performance Index: May Performance, June Net Flows
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2014 measured 1.04%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.01% in June. “Net flows increased slightly […]
TrimTabs and BarclayHedge Report Hedge Funds Get $18.7 Billion in April
New York (HedgeCo.Net) – TrimTabs Investment Research and BarclayHedge reports that that hedge funds took in $18.7 billion (0.8% of assets) in April, up from $10.6 billion (0.5% of assets) in March. Also, the monthly survey of hedge fund managers […]
Man Group Buys New York Fund Of Hedge Funds
New York (HedgeCo.Net) – Man Group has agreed to buy up a US-based fund of hedge fund manager specializing in the management of credit-focused hedge fund portfolios, Pine Grove Asset Management LLC, Pine Grove has approximately $1.0 billion of assets […]
Hedge Funds Cross $2.1 Trillion
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index is up 1.15% as global markets showed signs of stabilisation following a choppy start to the year. On a year-to-date basis, hedge funds are up 1.91% while the MSCI World Index […]
Hedge Fund Association Adds Three Females to Prominent Leadership Positions
New York (HedgeCo.Net) – The Hedge Fund Association (“HFA”), a global nonprofit trade and nonpartisan lobbying organization, announces it has added three female leaders including FINalternatives Publisher Deirdre Brennan as UK Regional Chapter Director; C&A Consulting Director Amy Poster to […]
Kingdom Trust and Alternative Capital Advisers, LLC (ACA) Form Strategic Relationship
New York (HedgeCo.Net) – Alternative Capital Advisers, LLC and The Kingdom Trust Company announce a strategic relationship in which Kingdom will custody investments by IRA owners in alternative strategies through ACA’s Master Select Fund. Alternative Capital Advisers, LLC (ACA), a […]
May 2014 Performance IQ Hedge Family of Investable Benchmark Hedge Fund Replication Indexes
New York (HedgeCo.Net) – IndexIQ, a leading developer of index-based alternative investment solutions, today announced the performance of its proprietary family of hedge fund replication and alternative beta indexes. Designed as investable benchmarks that replicate the performance characteristics of sophisticated […]
Pershing Launches Alternative Investment Center
New York (HedgeCo.Net) – Pershing LLC, a BNY Mellon company, today launched its Alternative Investment Center, the latest addition to an expanding suite of alternative investment solutions, at its INSITE™ 2014 conference in Hollywood, Florida. Pershing’s Alternative Investment Center, which […]
Hedge Connection’s Global Fund Forum 2014 Announces Guest Speaker Larry Powell
New York (HedgeCo.Net) – Today Hedge Connection, the premier patented hedge fund marketing platform in the alternative investment industry, announces three prominent guest speakers at the Global Fund Forum 2014 from June 10 to 12, 2014 at the Borgata in Atlantic […]