Category Archives: HedgeCo News
Hedge Fund Index Up 1.85% in October
New York (HedgeCo.net) – The Dow Jones Credit Suisse Core Hedge Fund Index was up 1.85% in October as five out of seven strategies posted gains. “Event Driven was the highest performing sector last month as many managers restructured their […]
Hedge Fund Man Announces $50m Savings Following GLG Acquisition
New York (HedgeCo.net) – Man Group announced details of a share buy back in conjunction with its interim results for 2011 today. In CEO and FD video interviews with financial news website Cantos, the hedge fund giant’s CEO Peter Clarke, […]
Hedge Fund Mergers & Acquisitions: Blackstone Buys Up Emdeon
New York (HedgeCo.net) – Hedge fund giant Blackstone has completed its acquisition of Emdeon Inc, a healthcare revenue and payment cycle management provider, in a transaction valued at approximately $3.0 billion. “We are excited to open a new chapter in the […]
Hedge Fund Industry Insight From The Mizuho-Eurekahedge Index
New York (HedgeCo.net) – Coinciding with the launch of the Mizuho-Eurekahedge Index, the first Mizuho Eurekahedge Indices Analysis Report has been released. The report examines global hedge funds through the lens of the Mizuho-Eurekahedge Index, which gives a fresh perspective […]
Drake Hedge Fund Manager Fined $175,000 By SEC
New York (HedgeCo.net) – The Securities and Exchange Commission announced the filing of a civil injunctive action against Drake Asset Management, LLC (Drake), of Glen Head, NY, and Oliver R. Grace, Jr., of Hobe Sound, FL, for conducting a scheme to evade the group […]
Agecroft Partners Believes Hedge Fund Branding Drives a Majority of Asset Flows
New York (HedgeCo.net) – Since the market correction of 2008, a vast majority of hedge fund net asset flows have gone to a small minority of hedge funds with the strongest brands, marking a change from the pre-2008 environment. A […]
Mutual Fund Launch: The Highland Global Long/Short Trend Following Fund
New York (HedgeCo.net) – Highland Funds Asset Management, L.P. has launched the Highland Alpha Trend Strategies Fund. Anchor Capital Management Group, Inc. will serve as the new fund’s sub-advisor. “In a volatile global market, the addition of Anchor Capital’s strategy […]
Hedge Fund Broker Merlin Securities Hires Former Morgan Stanley Strategist
New York (HedgeCo.net) – Rick Bensignor has joined hedge fund tech and prime broker Merlin Securities as chief market strategist. In this new position, Bensignor will produce behavioral market strategy research focused on a wide variety of asset classes and macro-economic […]
Fall 2011 M&A Hedge Fund Industry Outlook
New York (HedgeCo.net) – Madison Street Capital’s Asset Management Industry Focus Group released its Fall 2011 Merger and Acquisition (M&A) Outlook- Hedge Fund Industry, focusing on the current deal environment, buyer/seller considerations, minority interest investments and future M&A drivers. “The transaction […]
Hedge Fund Assets in Sustainable & Responsible Investing Jumped 16% in 2010
New York (HedgeCo.net) – Sustainable and responsible investing (SRI) is making major strides in the hedge fund arena, according to a new report prepared for the US SIF Foundation by the Center for Social Philanthropy at the Tellus Institute. According […]
News Roundup: Ex-Goldman Sachs Director Arrested In Hedge Fund Case
New York (HedgeCo.net) – One of Goldman Sachs’ former directors, Rajat Gupta, has been arrested on charges of insider trading as a co-conspirator in the criminal case against hedge fund manager Raj Rajaratnam. The New York Times reports: “Rajat K. Gupta, a […]