Category Archives: HedgeCo News

GenSpring Faces $57 Million Lawsuit Over Hedge Funds

New York (HedgeCo.net) – According to an arbitration claim filed by Florida law firms, Vernon Healy and Dovin Malkin & Ficke, GenSpring Family Offices failed to adequately diversify the $57 million portfolio of an ultra high net worth individuals and […]

New Congress Act Will Allow Hedge Funds To Advertise Freely

New York (HedgeCo.net)  – A new act passed by the Senate and House of Representatives is expected to be signed into law by President Obama within days.  The Jumpstart Our Business Startups, known as The Jobs Act, will eliminate a longstanding […]

Hedge Fund Man Group Launches Transparency Portal

New York (HedgeCo.net) – Man Group plc. (‘Man’), the $58.4 billion hedge fund investment manager, has launched Clarus, an online portal for investors in managed accounts to obtain greater transparency in their underlying investments. The financial crisis and subsequent shocks in markets have emphasised the […]

Asset Alliance Corporation has acquired an equity interest in Monarch Business and Wealth Management

New York (HedgeCo.net)  – Asset Alliance Corporation, through its subsidiary, Asset Alliance Wealth Management, has acquired an equity interest in Monarch Business and Wealth Management, LLC. Monarch a financial and life management company founded by Barry Klarberg. Monarch represents professional […]

Ziegler Lotsoff Capital Management launches Long/Short Credit Mutual Hedge Fund

New York (HedgeCo.net) – The Ziegler Lotsoff Capital Management Long/Short Credit Fund (“the Fund”) seeks to provide current income and capital appreciation by investing primarily in investment grade and non-investment grade U.S. fixed income securities. The Fund attempts to produce a […]

Coast Asset Management To Sell Its Fund of Hedge Funds Business

New York (HedgeCo.net) – California-based alternative investment firm, Coast Asset Management, it is divesting itself of its fund of hedge funds business in order to focus on fixed income arbitrage investment strategy. “We are pleased with the way our fixed […]

2012 Hedgeweek Awards: BNY Mellon Best Asian Hedge Fund Administrator

New York (HedgeCo.net) – BNY Mellon’s Alternative Investment Services (AIS) division received top industry recognition in the 2012 Hedgeweek Awards last week in London, winning the Best Asian Hedge Fund Administrator Award. “We see the bar being raised each year […]

March 2012 Eurekahedge Report: Hedge Funds up by more than $40 billion

New York (HedgeCo.net) – The Eurekahedge Hedge Fund Index gained 2.05% in February as optimism about the European debt situation and strengthening global economy fuelled rallies in the underlying markets. The MSCI World Index increased 4.55% as investor sentiment remained […]

Fund Of Hedge Fund SAIL Advisors Strengthens its US Presence With New Appointment

New York (Hedge Co.net) – SAIL Advisors, one of Asia’s leading global fund of hedge fund managers, has reinforced its fast-growing team in New York with the addition of an industry veteran to help drive its expansion in the US […]

SS&C Offers To Buy Hedge Fund Administrator for Over $900 Million

New York (HedgeCo.net) – European Tech Company SS&C has made a recommended cash offer for hedge fund administrator GlobeOp. GlobeOp Financial Services (LSE:GO.) is an independent provider of business process outsourcing, financial technology services and analytics to hedge funds and other sectors of […]

Hedge Fund People Moves: Ogier Cayman Appoints New Partner

New York (HedgeCo.net) – Hedge fund law firm Ogier announced today the appointment of Richard de Lacy QC to the role of partner and head of the firm’s Cayman litigation practice, effective 19 March 2012. “We are delighted to be […]

Goldman Hedge Fund Adviser Blasts Employer, Resigns

New York (HedgeCo.net) – The market value of Goldman Sachs has dropped over $2 billion overnight, according to reports. 12 year Goldman executive and hedge fund adviser Greg Smith resigned publicly yesterday, causing a flood of opinion and uproar from the financial industry and […]