Category Archives: HedgeCo News

Morningstar: Hedge Funds Up 7.6% Over The Third Quarter

New York (HedgeCo.net) – September closed out a profitable quarter for hedge funds. The Morningstar 1000 Hedge Fund Index rose 5.2% in September and 7.6% over the third quarter, while the currency-hedged Morningstar MSCI Composite Index climbed 2.8% for the […]

Hedge Fund Apps: Merlin Compass iPad Application

New York (HedgeCo.net) – Merlin Securities, a leading prime brokerage services and technology provider, today announced the release of the Merlin Compass iPad application. Merlin Compass for iPad is a real-time analytics platform that provides portfolio managers with intraday performance, […]

Update: Hedge Fund Mergers: Quest Partners With Revere Capital Advisors

New York (HedgeCo.net) – Revere Capital Advisors LLC has partnered with Quest Partners LLC, an established New York based CTA. Revere, a New York and London based hedge fund firm, said the partnership reflects its ongoing commitment to source the […]

2010 HFMWeek U.S. Hedge Fund Services Awards Luncheon

New York (HedgeCo.net) – Global hedge fund administrator and prime broker, Conifer Group LLC., has been nominated as a finalist in the 2010 HFMWeek U.S. Hedge Fund Services Awards. A luncheon for the awards will take place on Tuesday, October […]

Hedge Fund Managers Sued By SEC In Side Pocket Case

New York (HedgeCo.net) – The SEC has sued two Georgia hedge fund managers, Bloomberg reports, alleging that Paul Mannion and Andrew Reckles overvalued their illiquid assets, hiding losses while collecting fees. The SEC claims Mannion and Reckles stole up to […]

UCITS Hedge Fund Report Q3 2010

New York (HedgeCo.net) – The number of UCITS hedge funds continued to grow during Q3 2010, reaching 525 single manager funds and 50 funds of hedge funds, according to the UCITS Alternative Index Quarterly Industry Report. This represents an increase […]

SYZ & CO To Merge Hedge Funds With Institutional Asset Management

New York (HedgeCo.net) – Swiss banking group SYZ & CO has announced the integration of its institutional asset management activities within the newly-created division SYZ Asset Management. “Our expertise, proven track record and capabilities in traditional asset classes and portfolios […]

Hedge Fund Manager Gains $610 Million In Property Sales

New York (HedgeCo.net) – Corporate, real estate and hedge fund giant, Investcorp and joint venture partner Schnitzer West, LLC, have sold their stake in the Bellevue, WA office towers known as Bravern Office Commons to a client advised by Principal Global […]

Hedge Fund Launch: TIR-Europe

New York (HedgeCo.net) – Independent forestry investment firm Timberland Investment Resources, LLC (TIR-USA), has established its London-based European investment hedge fund – Timberland Investment Resources Europe, LLP (TIR-Europe). “The forestry asset class is gaining prominence globally because of its history of […]

Broncos Elway Files Against Hedge Fund

New York (Hedgeco.net) – Former quarterback for the Denver Broncoes, John Elway and his partner Mitch Pierce, have filed court documents investigating the $15 million they invested March 2010 with hedge fund manager Sean Mueller, the WSJ reports. The hedge […]

Two Florida Hedge Fund Managers Accused In Petters Scheme

New York (HedgeCo.net) – The SEC has charged two Florida-based hedge fund managers and their funds with defrauding investors out of more than a billion dollars into a Ponzi scheme run by Tom Petters, Reuters reports. The SEC’s complaint filed […]

Hedge Fund Launch: CME Rainfall Contracts

New York (HedgeCo.net) – Global risk manager and derivatives marketplace, CME Group, will begin listing and trading rainfall futures, options on futures and binary options beginning October 31 for trade date November 1. The monthly and seasonal contracts will be […]