Category Archives: HedgeCo News
Hedge Fund Survey Finds Bear Market Sentiment Is Back
New York (HedgeCo.net) – Investors have turned bearish in their outlook for the global economy and corporate earnings, according to the BofA Merrill Lynch Survey of Fund Managers for July. The survey shows a net 12 percent of respondents predicting […]
Hedge Fund Launches – John Hancock’s Disciplined Value Mid Cap Fund
New York (HedgeCo.net) – Hedge fund manager John Hancock Funds has completed the adoption of the Robeco Boston Partners Mid Cap Value Fund and has launched it as the newly established John Hancock Disciplined Value Mid Cap Fund (JVMAX). “We’re […]
Hedge Fund Moves: LandColt Relocates Headquarters to Delaware
New York (HedgeCo.net) – Hedge fund trading firm LandColt Trading, LLC, has relocated from San Antonio, Texas to the financial megacity, Wilmington, Delaware. The move was completed on July 1, 2010. “After careful consideration and review of several east coast […]
Hedge Fund Performance Estimated at -0.88% in June
New York (HedgeCo.net) – Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index will experience negative performance in June, with a -0.88% decrease for the month (based on 77% of assets reporting). Some key highlights for the month […]
Hennessee: Hedge Funds Down –1.35% In June
New York, (HedgeCo.net) – The Hennessee Hedge Fund Index declined –1.35% in June (+0.20% YTD), while the S&P 500 decreased –5.39% (-7.57% YTD), the Dow Jones Industrial Average declined -3.58% (-6.27%), and the NASDAQ Composite Index fell -6.55% (-7.05% YTD). […]
Former SEC Agent Walks On Hedge Fund Fraud Charges
New York (HedgeCo.net) – A former lawyer for the SEC was sentenced to two years of supervised release, Dow Jones reported. Robert L. Miller had plead guilty to conspiracy to commit wire and securities fraud late last year in connection […]
UCITS Hedge Fund Strategy Index down 0,15% in June
New York (HedgeCo.net) – After notable losses in May, the UCITS hedge fund strategy (HFS) Index was negative again in June 2010, although only by -0,15%. After the first week of trading every sub-strategy returned positive results, consequently the broad […]
People Moves: Union Bancaire Privee Hires Expert For US Hedge Fund Expansion
New York (HedgeCo.net) Geneva-based private bank Union Bancaire Privee (UBP) has appointed Larry Morgenthal as CEO of UBP Asset Management, the Group’s US business. He also assumes the role of Chief Investment Officer of Alternatives. Morgenthal will spearhead the renewed […]
Rothstein Kass: 2010 Hedge Fund Outlook
New York (HedgeCo.net) – Results from Rothstein Kass’ fourth-annual report on hedge fund industry trends suggest that hedge funds are continuing to steadily recover from the global market crisis that began in late 2008, as more than 82 percent of […]
New York Hedge Fund Launches Swiss Arm
New York (HedgeCo.net) – New York alternative investment company, Galtere Ltd (Galtere) has gone global, launching a new European hedge fund arm – Galtere (Switzerland) AG. The firm has appointed Werner Schuenemann to manage the new operation, which is based […]
International Hedge Fund Probe Ends In Shooting
New York (HedgeCo.net) – A suspect in an investigation into German hedge fund firm K1 Group has allegedly committed suicide while being arrested by police in Spain, Bloomberg reported today. The hedge fund manager, Dieter Frerichs, 72, shot himself after […]