Category Archives: HedgeCo News
Morningstar: Hedge Funds Up 1.2% in December
New York (HedgeCo.Net) – Hedge fund research firm Morningstar has reported in it’s preliminary hedge fund performance for 2012 as well as estimated asset flows through November. The Morningstar MSCI Composite Hedge Fund Index rose 1.2% in December and advanced […]
BNY Mellon’s Fund Of Hedge Fund Assets Rise By $20 Billion
New York (HedgeCo.Net) – BNY Mellon, the global leader in investment management and investment services, has been recognized as the world’s largest Fund of Hedge Fund (FoHF) administrator in HFMWeek’s bi-annual administrator survey. BNY Mellon saw its FoHF assets under […]
Hedge Funds Moving To Florida
New York (HedgeCo.Net) – Tired of New York’s high city and state tax rates, the New York Post reports that some hedge funds are moving to Florida’s Palm Beach County. “You weigh all of the benefits for being here to […]
The January 2013 Eurekahedge Report: Industry Assets Grew by $64.5 Billion
New York (HedgeCo.Net) – January’s The Eurekahedge Report, places the spotlight on the North American hedge funds sector which has delivered returns of 54.25% since the financial crisis, gained nearly US$50 billion in 2012 and currently stands at US$1.2 trillion. […]
Insider Trading: California Hedge Fund Founder Gets 2 Years Behind Bars
New York (HedgeCo.Net) – San Francisco hedge fund founder Doug Whitman was sentenced yesterday to two years behind bars after a conviction on securities fraud and conspiracy charges. Whitman Capital, the hedge fund he had presided over had about $100 million in assets. […]
Hedge Fund Launch: Herakles Trend Fund I
New York (HedgeCo.Net) – Herakles Capital Management, LLC., on January 4th, 2013 launched the Herakles Trend Fund I LP. “The principal objective of Herakles Trend Fund I is to invest and generate attractive, risk adjusted returns for its investors by […]
Hedge Fund People: BTIG Opens Atlanta Office
New York (HedgeCo.Net) – Global hedge fund and institutional trading firm BTIG LLC, has opened a new office in Atlanta dedicated to the Southeast region. This is the latest of BTIG’s moves to strengthen its local presence in key regional […]
Dow Jones Credit Suisse Index: Hedge Fund Performance in 2012
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Hedge Fund Index team today released its 2012 Hedge Fund Market Review . The report includes statistics on hedge fund performance and asset flows in 2012. Some key findings from the […]
Hedge Fund People: Jessica Nicosia Joins J E Moody & Company
New York (HedgeCo.Net) – Jessica Nicosia has joined $350mm hedge fund manager J E Moody & Company LLC (JEM), as Director of Business Development. In her role at JEM, Ms. Nicosia will lead the firm’s business development efforts, including investor relations and […]
Ernst & Young Wins Two Hedge Fund Awards
New York (HedgeCo.Net) – Ernst & Young LLP, has received the award for Best Audit Services in the 2012 HFMWeek U.S. Hedge Fund Services Awards and was ranked as the top audit and accounting firm in Hedge Funds Review’s 2012 Service Provider Rankings. This […]
Hedge Fund Fraud: Wireless Analyst Sentenced to 4+ Years
New York (HedgeCo.Net) – The securities research analyst who had publicly refused in 2010 to wear a wire in a hedge fund insider trading trading probe was sentenced yesterday to over four years in prison, Bloomberg’s HedgeWorld reports. John Kinnucan […]