Category Archives: HedgeCo News
Hedge Fund Launch: The Football Fund
New York (HedgeCo.net) – The Football Fund has launched and is officially open and trading with a February NAV of $99.16 per share. Having completed its initial investments the new hedge fund is currently open to private investors for a […]
Japan Hedge Funds Up 2.62% In February, Eurekahedge
New York (HedgeCo.net) – The best regional performance was delivered by Japanese hedge funds, gaining 2.62% in February. Japanese hedge funds investing in financial and insurance stocks, as well as material and mining companies, posted healthy gains – the Nikkei […]
SEC Accuses Juno Hedge Fund Managers of $1.8 Million Fraud
New York (HedgeCo.net) – Two hedge fund founders, Eugenio Verzili and Arturo Rodriguez, have been sued by the SEC for misappropriating $1.8 million from one of their hedge funds, Juno Mother Earth Asset Management. The SEC alleged in Federal court […]
UCITS Hedge Fund Strategy Index takes hit in second week of March 2011
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy Index took a hit in the second week of trading (-0.61%) and is down -0.71% month to date (by business day 10, March 14th, 2011). Out of the eleven sub-strategies only […]
The HedgeCo Spring Networking Event
New York (HedegCo.net) – The end of a cold winter is upon us, and it’s time to celebrate the winter thaw! The HedgeCo Spring Networking Event is a chance for investors, hedge fund managers, and other industry professionals to come […]
Hedge Fund Trial Roundup: Galleon/Rajaratnam vs. SEC
New York (HedgeCo.net) – The largest hedge fund insider trading case in US history has gotten underway, raising more questions than answers on where the boundaries of business lie. Bloomberg – U.S. District Judge Richard Holwell in Manhattan swore in 12 […]
As Hedge Fund Jury Selected, Speculations Of Misplaced Trust Continue
New York (HedgeCo.net) – As the Sri Lankan born-American hedge fund manager charged with 14 counts of conspiracy and securities fraud awaits trial, speculation is mounting about who will be testifying against him, close friends and colleagues, among others. A […]
London Hedge Fund Administration Business Launched
New York (HedgeCo.net) – Charter Group which teamed up with Brian Taitz in September 2010 to launch a hedge fund administration firm, Charter Group Fund Administration Ltd has secured its first few clients. The firm is based in London and […]
Hedge Fund Assets Cross $1.7 Trillion For 1st Time Since Sept 2008
New York (HedgeCo.net) – Assets under hedge fund management were up to $1.7 trillion for the first time since September 2008. The Eurekahedge Hedge Fund Index reported that hedge funds were up for the eighth consecutive month in February as […]
Hedge funds gain 0.85% in February
New York (HedgeCo.net) – Hedge funds gained 0.85% globally in February, according to Hedge Fund Intelligence, bringing the year-to-date return across all strategies to 1.27% (so far, this year is broadly better than the prior three.) The Global Composite Index was […]