Category Archives: HedgeCo News
UCITS Alternative Index – November 2011 Performance
New York (HedgeCo.net) – The UCITS Alternative Index Global is down -1.30% in November bringing its year to date performance to -3.98%. The Fund of Funds Index is down -1.27% reaching -5.21% this year. All UCITS sub-strategies are negative for […]
Year-End Tax Update: A look at carried interest and fund tax efficiency
New York (J.H. Cohn LLP) – Another year has passed, but President Obama still has not been able to pass his “Carried Interest” bill. Advisers, as year-end approaches, will benefit from reviewing pending legislation and other issues, including business structure, […]
McGladrey & Pullen Completes Purchase of McGladrey
New York (HedgeCo.Net) – McGladrey & Pullen, LLP announced today that it has completed the acquisition of RSM McGladrey, Inc. from H&R Block, Inc., and is returning to a traditional partner-owned CPA firm structure. McGladrey, the fifth largest U.S. assurance, […]
BNY Mellon Wins European Hedge Fund Administrator
New York (HedgeCo.net) – BNY Mellon has been awarded five awards at International Custody and Fund Administration (ICFA) magazine’s European Service Provider Awards 2011. “These awards are testament to the hard work of our employees across Europe.” Michael Cole-Fontayn, Chairman […]
Hedge Fund Veteran Meredith Jones Joins Rothstein Kass
New York (HedgeCo.net) – Rothstein Kass announced that hedge fund specialist Meredith Jones has joined the firm as a Director. In this newly created role, Meredith is responsible for generating research and content on the alternative investment industry by and on behalf […]
Hedge Funds Care Comments On The Senate’s Hearing Into Child Abuse
New York (HedgeCo.net) – Hedge Funds Care, a global charity dedicated to preventing and treating child abuse, published a press release commending the Senate HELP Committee’s planned hearing on December 13 that will “examine how well our nation is protecting children from […]
Newly Launched HFRX Korea Hedge Fund Index Gains +8.3% in October
New York (HedgeCo.net) – HFR has launched the HFRX Korea Index, comprised of hedge funds investing primarily in Korea and the latest addition to HFR’s comprehensive suite of HFRX EM and Asian hedge fund benchmarks. This new index reflects the increased growth […]
HFR Emerging Markets Hedge Fund Industry Report for Third Quarter 2011
New York (HedgeCo.net) – Emerging markets hedge funds posted strong performance gains in October, reversing sharp losses from September as emerging market (EM) economies and assets continue to experience volatility relating to the European sovereign debt crisis. The HFRX Total […]
Wells Fargo Hedge Fund Manager Holdings Index Launch
New York (HedgeCo.net) – Wells Fargo & Company has launched the Wells Fargo Hedge Fund Manager Holdings Index. The Index measures the real-time performance of the 100 largest positions in equities and equity-related securities as reported quarterly to the Securities […]
Two Cold-Callers Sentenced To Over 5 Years For $18 Million Hedge Fund Fraud
New York (HedgeCo.net) – William Shternfeld and Benjamin Koifman have been sentenced in a NY court to 63 months each in prison for participating in a conspiracy to defraud investors of more than $18 million through a fraudulent hedge fund, the […]
Hedge Funds Reported up 1.1% to 1.73% in October
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index posted its largest monthly gain since April and finished up 1.73% in October. A new monthly commentary offers insight into hedge fund performance through the month of October. […]