Category Archives: HedgeCo News
Dow Jones Credit Suisse Core Hedge Fund Index Closed Down 0.47% in October
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.47% in October as three of the seven index component strategies reported positive results for the month. The Dow Jones Credit Suisse Core Hedge Fund […]
RWC Cayman Hedge Fund Launch
New York (HedgeCo.Net) – Investment manager RWC is launching a new Cayman hedge fund to be managed by an European Focus team that recently joined from Hermes. The team of six is headed up by Maarten Wildschut and Petteri Soininen and […]
Hedge Fund People Moves: Grassi & Co. Expands With Merger and Four New Hires
New York (HedgeCo.Net) – 2012 has been a pivotal year for Grassi & Co. The year started off with a merger with Pustorino, Puglisi and Co., a Manhattan based accounting firm that expanded Grassi & Co.’s expertise within the Financial Services […]
Romney’s Hedge Fund Diverted Over $100 Million Through Netherlands Loophole
New York (HedgeCo.Net) – Dutch newspaper Volksrant reports that Bain Capital, in which Republican presidential candidate Mitt Romney is a major shareholder and founder, has routed some 80 million euros ($102 million) in dividends through a tax loophole in the […]
UCITS Hedge Funds Reach $175 Billion in October
New York (HedgeCo.Net) – The total assets managed by single UCITS hedge funds increased to EUR 137 billion ($175 billion) in October. The UCITS Alternative Index is currently composed of more than 870 constituent hedge funds and funds of hedge […]
Hedge Fund Opinion: Hedge Fund Summit Speaker Duncan Rolph “Asset Allocation Is Key”
New York (HedgeCo.Net) – To protect and maximize wealth, private wealth managers should focus on asset allocation, as results are primarily driven by that and not by manager performance, advised Duncan Rolph, Partner, Miracle Mile Advisors. Dynamic asset allocation that […]
Risk-AI and BarclayHedge Launch Hedge Fund App
New York (HedgeCo.Net) – Risk-AI and BarclayHedge have collaborated to produce the first hedge fund risk application for the iPad. The new application allows users of Risk-AI’s Transparency Analytics software to view data and analysis wherever they can use their iPad. […]
Throgmorton Hires Hedge Fund Tax Specialist
New York (HedgeCo.Net) – Throgmorton, one of the UK’s largest hedge fund accountancy and back office service providers, has announced a major hire in Neil Oliver, formerly a senior director with Ernst & Young and a tax consultant with over […]
Study: Pension funds to increase Hedge Fund allocation despite recent poor performance
New York (HedgeCo.net) – Pension funds will continue to increase their allocation to hedge funds despite the recent poor performance within the hedge fund industry, according to Don Steinbrugge, Chairman of Agecroft Partners, a global consulting and third party marketing […]
Emerging Markets: UAIX Fixed Income Global Hedge Fund Index
New York (Hedge Co.Net) – Alix Capital, the Geneva-based provider of the UCITS Hedge Fund Index family of indices, today announces the launch of a new investable index, the UAIX Fixed Income Global Index, comprised of fixed income UCITS funds […]
Elliott Management leader digs heels in on acquisition of Argentine Vessel
New York (HedgeCo.Net) – Paul Singer, the billionaire manager of Elliot Management, has opened up to his investors about the details surrounding the acquisition of the Argentinian vessel ARA Libertad. In an investor letter obtained by the NY Post, Singer […]
Hedge Fund Advisors Plan to Increase Use of ETFs
New York (HedgeCo.Net) – Guggenheim Investments, which represents $130 billion in hedge fund assets, announced the results of a survey of financial advisors who attended the Morningstar ETF Invest Conference in Chicago. The results found that 78 percent of financial […]