Category Archives: HedgeCo News
Hedge Fund Man Group Reports FUM of $68.6 Billion
New York (HedgeCo.net) – Hedge fund giant Man Group PLC., reported a strong financial position, with a regulatory capital surplus of around $300 million and over $1.8 billion in cash on 31 December 2010. “Investment performance has been the principal driver […]
Eurekahedge: Hedge Funds Grew By $34.1 Billion In 2010
New York (HedgeCo.net) – Hedge funds assets under management grew by US$34.1 billion through December as managers ended 2010 on a high note. The Eurekahedge Hedge Fund Index posted a strong return of 3.01%[1] in the month, bringing the yearly […]
Hedge Fund Manager Turns Himself In For $3.5 Million Fraud
New York (HedgeCo.net) – Hedge fund manager James Brandolino turned himself in to the FBI, confessing to $3.5 million fraud, Courthouse News Services reported today. “Brandolino, 42, of Joliet and formerly of Chicago, obtained about $4.7 million from 48 high net […]
RBC Hedge Fund Index Returns 2.25% In December
New York (HedgeCo.net) – For the month of December 2010 the RBC Hedge 250 Index had a net return of 2.25 per cent, bringing the year-to-date return of the Index to 6.42 per cent. These returns are estimated and will be finalized […]
New Charges In Hedge Fund Probe, Google Insider
New York (HedgeCo.net) – The SEC has charged Robert Feinblatt, co-founder of hedge fund Trivium Capital Management LLC, and Trivium analyst Jeffrey Yokuty in its ongoing hedge-fund insider trading case, MarketWatch reports.The SEC alleges insider dealing at Google, Polycoms, Hilton […]
Review: Hedge Fund Compensation Data Report
New York (HedgeCo.net) – The latest report on Hedge Fund Compensation revealed that hedge fund managers anticipate a 10 percent increase in total annual compensation, fueled by expectations of big year-end bonuses. The annual industry report is based on data collected directly […]
Hedge Fund Index Estimated Up 3.01% in December
New York (HedgeCo.net) – Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) surged ahead in December, posting positive performance of 3.01% for the month (based on 88% of assets in the index reporting). Key highlights […]
People Moves: Quest Names Hedge Fund Expert Ekern As President
New York (HedgeCo.net) – New York based commodities trading advisor Quest Partners LLC., has appointed Nigel Ekern as its President. Ekern joins Quest with over 13 years hedge fund experience and will oversee operations and business development. “This is an […]
Report: Hedge Funds Up $13 Billion, Bright Year Ahead
New York (HedgeCo.net) – The hedge fund industry posted an estimated inflow of $13.0 billion (0.8% of assets) in November 2010, the fifth straight inflow as well as the heaviest since February 2010 according to TrimTabs Investment Research and a […]
UCITS Hedge Fund Strategy Index finish 2010 at +5.05%
New York (HedgeCo.net) – The UCITS HFS Index reported a positive performance for the sixth month in a row and returned +0.60% in December. The broad index started slightly positive into the month with a first week return of +0.17%. […]
Hedge Funds Exceed $1.65 trillion in 2010
New York (HedgeCo.net) – Hedge funds delivered excellent returns of nearly 3%1 in December to end the year on a high note. The Eurekahedge Hedge Fund Index finished 2010 with gains of 10.86%. Growing optimism about the US economy led […]
Hedge Fund Tech Consultant Arrested After Refusing To Cooperate With FBI
New York (HedgeCo.net) – Winifred Jiau, the only technology consultant who was denied bail in last week’s Government clampdown on insider trading at hedge funds is reported to have spoken to Reuters after her arrest. Jiau says she was asked […]