Category Archives: HedgeCo News
SEC Taps Hedge Fund IM Platform: Charge Pair In $440 Million `Portfolio pumping´
New York (HedgeCo.net) – The SEC has charged two securities professionals, a hedge fund trader, and two firms involved in a scheme that manipulated several U.S. microcap stocks and generated more than $63 million in illicit proceeds. The SEC recorded […]
Dow Jones Credit Suisse January Hedge Fund Index Commentary
New York (HedgeCo.net) – Hedge funds, as measured by the Index, successfully capitalized on opportunities across most global markets as equities, credit and commodities markets rallied. Some key findings from the report include: The Index posted positive performance in January, […]
Hedge Fund Fraud: Texas Trader’s Assets Frozen
New York (HedgeCo.net) – The SEC unsealed an emergency court order halting an alleged Ponzi scheme by a hedge fund trader in the Dallas-Fort Worth area. Chris Blackwell is alleged to have sold investments in a phony fixed income trading program. […]
Hedge Fund Analyst Bail Includes House Arrest with Electronic Monitoring Bracelet
New York (HedgeCo.net) – Hedge fund consultant Winifred Jiau has pleaded not guilty to conspiracy and securities-fraud charges in the Galleon investigation. Bail was set at more than $500,000. According to the Seattle Times, the Judge agreed to the bail “Only after […]
Morningstar: January hedge fund performance and asset flows through 2010
New York (HedgeCo.net) – Hedge funds enjoyed a slightly positive January, but trailed most stock-market indexes. The Morningstar 1000 Hedge Fund Index and the currency hedged Morningstar MSCI Hedge Fund Index rose 0.4% and 0.2%, respectively. “Many hedge funds posted […]
Trending: Hedge Fund Strategies In UCITS Format
New York (HedgeCo.net) – ML Capital, a leading investment manager and promoted of UCITS funds, has recently published its first Quarterly UCITS Funds Barometer. The presentation follows a survey by ML Capital of active investors currently allocating to UCITS about […]
Emerging Managers Shine at Hedge Fund Summit
New York (HedgeCo.net) – Opal Financial Group sponsored the recent Emerging Managers Summit, and over 300 institutional investor participants heard loud and clear what has become well-established: Emerging investment fund managers consistently outperform large and brand-name investment firms, and they […]
Galleon Hedge Fund Trial: Wiretapping Spousal Communications
New York (HedgeCo.net) – A judge has asked to see a transcript of 18 spousal conversations in the case against Craig Drimal, a trader for the Galleon Group of hedge funds, the Las Vegas Sun reports. Federal agents were eavesdropping on the […]
Hedge Fund Service Expansion: DMS Management (Hong Kong) Limited
New York (HedgeCo.net) – Cayman Islands hedge fund firm, DMS Management Ltd, has opened a representative office in the Asia-Pacific region: DMS Management (Hong Kong) Limited. Supported by DMS’ Cayman office, the hedge fund firm hopes to strengthen the relationships between Hong […]
Bush Hedge Fund Bid Under Scrutiny
New York (HedgeCo.net) – A hedge fund managed by Marvin Bush, the brother of former President George W. Bush, failed to disclose previous litigation against its founding partner. The Nashville legal department, according to news source The Tennessean, is looking […]
Hedge Fund Owns 24 Texas Shopping Centers
New York (HedgeCo.net) – Hedge fund manager Investcorp’s US-based real estate arm has made over $100 million in acquisitions in the past 30 days. The most recent of three purchases made by Investcorp over the past 30 days was the […]