Category Archives: HedgeCo News
Dow Jones Launches an “Index of Indexes”
New York (HedgeCo.net) – Dow Jones Indexes has launched the Dow Jones RBP U.S. Directional Allocation Index, a gauge that automatically allocates weights among other indexes that reflect distinct viewpoints on the U.S. market. Constructed as an “index of indexes,” […]
Hedge Fund Manager Expands ‘The Spot Experience’
New York (HedgeCo.net) – Former NFL player and hedge fund manager Mitch Marrow has teamed up with real estate firm Rose Associates to provide luxury dog amenity services for Rose’s residential real estate portfolio in New York City. “Our dog amenity program is […]
Hedge Fund People Moves: Man Appoints New Finance Director
New York (HedgeCo.net) – Former Goldman Sachs hedge fund specialist, Jonathan Sorrell, is taking over from Kevin Hayes, Man Group’s Finance Director since 2007, who is leaving the company to pursue other professional and personal interests. “I would like to thank Kevin on behalf of […]
Update: Merkin To Pay $405M in Madoff-related Hedge Fund Settlement
New York (HedgeCo.net) – Billionaire hedge fund manager J. Ezra Merkin has agreed to pay $410 million in a civil settlement negotiated by the New York State attorney general’s office and Bart M. Schwartz, Receiver of the Gabriel Capital L.P. and […]
Key Man Life Insurance Policies Part Of Due Diligence At Hedge Funds
New York (HedgeCo.net) – Institutional investors are pressuring hedge funds to buy key man life insurance to protect against the risk of a manager’s sudden demise, hedge fund risk management and insurance advisor SKCG Group reports. “Hedge funds are unique. Their ‘product’ […]
Hedge Fund Survey: Institutional Investors Looking to Alternatives
New York (HedgeCo.net) – Institutional investors across the globe are demonstrating significant demand for alternatives to support investment objectives such as diversification and alpha generation, and these expanding allocations are spurring greater interest in customized, investor-driven implementation approaches, according to […]
Bermuda Fund Amendment Act Attracts Japanese Investment
New York (HedgeCo.net) – Bermuda has introduced regulatory rules aimed at facilitating and attracting investment by Japanese retail investors into Bermuda domiciled hedge funds, which are expected to result in significant growth and development in Bermuda’s investment funds industry. The […]
New: Morningstar’s Analyst Rating and Global Fund Reports for Alternative Mutual Funds
New York (HedgeCo.net) – Hedge fund tracker Morningstar has introduced the Morningstar Analyst Rating™ and Global Fund Reports for approximately 40 alternative U.S. mutual funds, representing about 75% of the alternative fund universe by assets. Over the next year, the […]
The evolution of the hedge fund industry
New York (HedgeCo.net) – The hedge fund industry has undergone significant change since the beginning of the financial crisis, resulting in the need to grow operational infrastructure and increase transparency, says a report by KPMG, and the Alternative Investment Management Association (AIMA). […]
The Dow Jones Credit Suisse Hedge Fund Index Finished Down 1.33% in May
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished down 1.33% for the month of May. Index May-12 Apr-12 2012 YTD Broad Index -1.33% -0.04% 2.61% Convertible Arbitrage -0.84% -0.23% 3.74% Dedicated Short […]
UCITS Hedge Fund Index Flat In June
New York (HedgeCo.net) – The UCITS hedge fund alternative Index Blue Chip is flat this week with a performance of 0.0%. So far this month the UAI Blue Chip is down -0.01%, while it is up 2.05% on year to […]
Hedge Fund People: Pyxis Capital Names J. Bradley Ross As President
New York (HedgeCo.net) – Hedge fund advisor Pyxis Capital has named J. Bradley Ross as President. Ross was most recently Executive Vice President and National Sales Director of Ivy Funds, which he joined in its infancy in 2003 and grew to $55 billion in […]