Category Archives: HedgeCo News
Hedge Fund Sponsored Man Booker Prize 2012 Shortlist
New York (HedgeCo.Net) – Deborah Levy, Hilary Mantel, Alison Moore, Will Self, Tan Twan Eng and Jeet Thayil are the six shortlisted authors in contention for the Man Booker Prize 2012. Sponsored by hedge fund giant Man Group PLC., the […]
Ultra High Net Worth Individuals’ Wealth Surpasses Combined GDP of US and China
New York (HedgeCo.Net) – Hedge fund research resource Wealth-X has launched the latest edition of its World Ultra Wealth Report. Highlights include: The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach […]
Hedge Fund People: Dalia Cohen and Eric Storch Join Oak Hill Advisors
New York (HedgeCo.Net) – Dalia Cohen and Eric Storch have joined $15 billion hedge fund advisory firm Oak Hill Advisors, L.P. (OHA) as Managing Directors. Dalia Cohen joins as Managing Director and Head of Investor Relations. Ms Cohen joins OHA from JLL Partners, where she was head of marketing […]
SS&C GlobeOp Hedge Fund Performance Index for August 2012 measured 0.83%
New York (HedgeCo.net) – SS&C GlobeOp announced that its Performance Index for August measured 0.83%. Year-to-date performance stands at 6.76% (gross). Other highlights include: · Current month, flash estimate 0.83%* · Year-to-date (YTD) performance 6.76%* · Last 12 month (LTM) […]
The Alpha Cooperative and EAB Investment Group Bring Enhanced Risk Management Techniques to Hedge Fund Industry
New York, New York, September 12, 2012 The Alpha Cooperative, LLC (“TAC”), a provider of turn-key institutional infrastructure for asset management firms, today announces a strategic alliance with EAB Investment Group (“EAB”). The complexities in managing risk across the full […]
BlackRock: Hedge Fund Giant Gets $15 Million Fine [updated]
New York (HedgeCo.Net) – BlackRock has been fined £9.5 million ($15 million) by the UK Financial Services Authority. The worlds biggest asset manager is said to have failed to follow rules protecting clients money, Reuters reported. The problem occurred after BlackRock bought Merrill Lynch Investment […]
People Moves: Don Steinbrugge Appointed To Board of Directors At HFA
New York (HedgeCo.Net) – International hedge fund organization, the Hedge Fund Association (HFA), announced that it has appointed Don Steinbrugge, chairman of Agecroft Partners, to its board of directors. “I am very honored to be selected and will be involved […]
Hedge funds up 0.47% in August 2012
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index gained 0.47% during the month. Market sentiment was optimistic for most of the month, with prospects for QE3 increasing, positive signals from the Euro zone and stronger US economic data. The MSCI World […]
Wiretaps: Rajaratnam’s Hedge Fund Insider Trading Appeal Set For October 25
New York (HedgeCo.Net) – A panel of three judge from the federal appeals court is scheduled to hear arguments from hedge fund founder Raj Rajaratnam in a bid to overturn his insider trading conviction. Rajaratnam is pleading on the grounds that the […]
UCITS Hedge Fund Strategy Index up +0.39% in August 2012
New York (HedgeCo.Net) – After four consecutive negative months, the UCITS Hedge Fund Strategy (HFS) Index posted a gain of +0.39% for August 2012. A few days into the month the UCITS HFS Index started to gain momentum and cumulated gains of +0.44% […]