Category Archives: HedgeCo News
Credit Suisse To Pay $196 Million In Fines
New York (HedgeCo.Net) – International banking firm Credit Suisse has agreed to pay $196 million and admitted to violating federal securities laws by providing cross-border brokerage and investment advisory services to U.S. clients without first registering with the SEC. Credit Suisse […]
Hedge Fund Manager Research Is Paramount Says Northern Trust Director
New York (HedgeCo.Net) – Hedge funds trailed the S&P 500 in 2013, the fifth year in a row. Yet, while hedge funds returned an average 7.4% last year, some investors saw double-digit returns from their hedge fund managers. According to […]
Hedge Fund Dad Founds Company To Save His Son
New York (HedgeCo.Net) – A former hedge fund banker at JPMorgan has founded a biotechnology company after discovering that his son suffered from Duchenne muscular dystrophy (DMD). Ilan Ganot left his hedge fund career behind him and moved to Boston to peruse a […]
Study: Education Paramount as Alternatives Become More Mainstream Among Investors
New York (HedgeCo.Net) – Despite the growing proliferation of liquid alternative funds attracting considerable assets from investors, a recent study shows a vast majority of certain investors are not familiar with the term alternative investment. In November of 2013 Invesco […]
Eurekahedge and ILS Advisers Launch Cat Bond Hedged Index
New York (HedgeCo.Net) – Eurekahedge has launched a new hedge fund index focusing on insurance linked securities (ILS), in partnership with ILS Advisers. Insurance linked securities (ILS) also known as catastrophe or cat bonds are a transfer of insurance risk to the […]
Hedge Fund Goes After Anonymous Blogger For Spilling Trade Secrets
New York (HedgeCo.Net) – David Einhorn, the founder of hedge fund Greenlight Capital is going after anonymous blogger “Valuable Insights” who posts on the financial website ValueWalk. Einhorn filed a lawsuit seeking to identify the financial blogger in order to sue […]
California Hedge Fund Universa Investments Moves To Miami
New York (HedgeCo.Net) – Equity tail hedging fund Universa Investments is moving its headquarters from Santa Monica, Calif. to Coconut Grove, Fla. on March 1. The move makes it the first high-profile firm to move to Miami since Miami’s Downtown Development Authority […]
Hedge Funds Outperform Underlying Markets In January
New York (HedgeCo.Net) – Hedge funds surpassed the MSCI World Index by over 3% in January, according to new data from the February 2014 Eurekahedge report. Almost 90% of fund managers outperformed underlying markets during the month. Final figures for […]
Fund Of Hedge Funds ALTIN’s Share Price Went Up +24.65% In 2013
New York (HedgeCo.Net) – $230 million fund of hedge funds ALTIN saw its share price perform well last year, thanks to investment performance and the effect of certain discount reduction measures that took place in 2013. In 2013 ALTIN more […]
Hedge Fund People: Decosimo Adds To Its Investment Entities Practice
New York (HedgeCo.Net) – Hedge fund advisory firm Decosimo, has added Victor DeMaise and Joshua Moore as tax managers in the firm’s investment entities practice. DeMaise and Moore join Decosimo’s niche services team which serves a client base of investment […]
Varus Hedge Fund is estimated up +6.3% gross YTD 2014
New York (HedgeCo.Net) – Another strong positive month for the Varus Fund. Investment Week: plus 304bps MTD/ plus 630 bps YTD. CEO Stefan Heieck said in a letter to investors today: “January European long/short hedge fund performance is directly linked […]