Category Archives: HedgeCo News
Hedge Funds Drop Apple Shares
New York (HedgeCo.net) – Over 100 hedge fund managers have sold some or all of their Apple shares according to news source The Street. “A total of 22 hedge fund managers with less than a 5% stake in Apple sold […]
Squawk Box Hedge Fund Manager Declared A Fugitive
New York (HedgeCo.net) – CNBC analyst and hedge fund manger, Brian Kim, is wanted by the SEC over an alleged Ponzi scheme. The New York Daily News reported that Kim was indicted on grand larceny and other charges involving a $4 million scheme that […]
Global Hedge Funds Hit $1.68 Trillion In January
New York (HedgeCo.net) – Hedge funds recorded the seventh consecutive month of positive returns in January as the Eurekahedge Hedge Fund Index gained 0.06% amid mixed performances seen across regional and strategic mandates. The industry attracted US$3.39 billion in net asset flows […]
UCITS Hedge Fund Strategy Index starts positive into February 2011
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index nearly didn’t move in the second week of trading in February, only adding +0.03% to its monthly performance. Thus the broad index is up +0.78% month to date (by […]
People Moves: Palladio Hires Hedge Fund Specialist Katherine Hill
New York (HedegCo.net) – Palladio Alternative Research has hired Katherine Hill as a Managing Director for the Geneva subsidiary. Katherine was most recently a Senior Hedge Fund Analyst at Saad Financial Services, a family office in Geneva. Palladio Alternative Research SA is headed […]
Galleon/Rajaratnam Hedge Fund Trial Phostponed Till March 2011
New York (HedgeCo.net) – U.S. District Court Judge Richard Holwell in New York has postponed hedge fund founder Raj Rajaratnam’s trial from February 28, to March 8th, according to Reuters. The judge did not provide a reason. Reuters reported that according to […]
Hedge Funds Care to Honor Anthony Scaramucci
New York (HedgeCo.net) – Hedge Funds Care, an international non-profit organization which raises funds and awareness within the hedge fund industry for programs that work to prevent and treat child abuse, announced that it will hold its 13th Annual New […]
Hedge Fund Mergers & Acquisitions: Alpha Theory/Axtell Consulting Group
New York (HedgeCo.net) – Alpha Theory announced the acquisition of hedge fund risk management consulting firm Axtell Consulting Group. The acquisition allows Alpha Theory to offer a more comprehensive set of risk and portfolio management consulting services to its clients. […]
Hedge Fund Performance in 2010
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index team has released its 2010 Hedge Fund Industry Review. The report examines the drivers of hedge fund performance in 2010 and explores some of the noteworthy trends that […]
Hedge Fund People Moves: Serge Adam Joins Highbridge Principal Strategies
New York (HedgeCo.net) – Hedge fund manager Highbridge Capital Management has hired Serge Adam as a Managing Director at Highbridge Principal Strategies. Adam joins Highbridge after ten years at Sandell Asset Management, where he most recently was a senior managing […]
Hennessee Hedge Fund Index advanced +0.80% in January
New York (HedgeCo.net) – The Hennessee Hedge Fund Index advanced +0.80% in January (+0.80% YTD), while the S&P 500 advanced +2.26% (+2.26% YTD), the Dow Jones Industrial Average increased +2.72% (+2.72% YTD), and the NASDAQ Composite Index climbed +1.78% (+1.78% […]