Category Archives: HedgeCo News
UCITS Hedge Fund Stock Index takes hit in third week of May
New York (HedgeCo.net) – The UCITS hedge fund stock (HFS) Index lost 1,26% in third week of trading in May 2010 (by business day 15, May 21th 2010). Only two out of the eleven sub-strategies returned positive results, although Market […]
Silk Invest To Launch Frontier Fund Including Pakistan Reigon
New York (HedgeCo.net) – Specialist asset management boutique Silk Invest has announced the launch of a new UCITS III frontier fund, The Silk Road Equities fund, which will invest in Africa, the Middle East and the Caucasus and Caspian region. […]
2 Year Sentence in Galleon Hedge Fund Insider Trading Case
New York (HedgeCo.net) – The Wall Street Journal reports that Mark Kurland, former partner at hedge fund New Castle Funds LLC was sentenced to over two years in prison (27 months). Kurland pled guilty to insider trading in January with […]
Pardo Financial Group Launches Multi-Advisor Managed Futures Fund
New York (HedgeCo.net) – Pardo Financial Group is launching a managed futures fund that allocates across multiple registered CTAs. The Pardo Strategic Alpha Fund (PSA), is a multi-advisor fund that combines the return streams of several professional Commodity Trading Advisors […]
Patterns Emerge From the Secondary Hedge Fund Market
New York (HedgeCo.net) – The average price for assets on the secondary hedge fund market has risen again to 91% of NAV, according to Hedgebay’s April index, continuing the volatile trend seen since the start of the year. The last […]
Hedge Fund Lawyers: SEC Proposes Stock-by-Stock Circuit Breaker Rule
New York (Hedgeco.net) – The SEC is filing proposed rules under which they would pause trading in certain individual stocks if the price moves 10% or more in a five-minute period, according to hedge fund law firm Pillsbury Investment Funds. […]
Hedge Fund Launch: Global Equity Strategies Fund
New York (HedgeCo.net) – Luxembourg based Global Equity Strategies Fund (QQP) has launched operations today, May 18th, 2010. The new global long-short equity fund has appionted Capital Partners Limited (TQCP), a member of the Hedge Fund Association (AIMA), as its […]
People Moves: IMC Expands Investment Grade Credit Team
New York (HedgeCo.net) – Dutch hedge fund firm, IMC asset management, announced the hiring of a team of four senior investment professionals, and the launch of an investment grade credit corporate offering, within its core European credit capability. The investment […]
Man Acquisition of GLG, Launches $63 Billion Hedge Fund
New York (HedgeCo.net) – Hedge fund giant Man Group has created a hedge fund managing $63 billion after acquiring rival $23.7 billion hedge fund GLG Partners in a $1.6 billion in deal. Man Group held a presentation today at 9.30am […]
Platinum Horse Racing Ventures Fund Launch
New York (HedgeCo.net) – Susan and John Moore established M & M Stable in 2000, after ten years of solid success and having developed an extraordinarily high percentage of Stakes Horses, they are now starting a Fund which will invest […]