Category Archives: HedgeCo News

Cowen Launches Hedge Fund Focused RTS Global Fund

New York (HedgeCo.net) – Cowen Group, Inc. announced the creation of Ramius Trading Strategies LLC , a subsidiary of Ramius Alternative Solutions LLC, and the launch of the RTS Global Fund. The multi-manager RTS Global Fund offers clients exposure to hedge […]

Hedge Fund Muse Louis Wolfson’s Bio Completed

New York (HedgeCo.net) – Perilune Pictures, a startup film company based in Savannah, Georgia, is scheduled to release the film “L.E.W.,” a documentary based on the life of America’s first corporate raider Louis Wolfson. Wolfson is credited with creating the […]

Florida Hedge Fund Manager Nadel Pleads Guilty in Ponzi Scheme

New York (HedgeCo.net) – Former hedge fund manager Arthur G. Nadel has pled guilty to 15 counts of securities fraud, mail fraud, and wire fraud, the US attorney for the southern district of New York said. The indictment claims that […]

Short Selling Restrictions Approved By SEC

New York (HedgeCo.net) – The SEC adopted a new rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure. The measure is intended to promote market stability and preserve investor confidence. This alternative […]

Insight into January Hedge Fund Performance

New York (HedgeCo.net) – January was a positive month for Fixed Income Arbitrage, with most strategies generating positive performance amid a fall in risky assets in the second half of the month, according to new Credit Suisse/Tremont report. Event Driven […]

UCITS 3 Hedge Funds Index Launch

New York (HedgeCo.net) – Geneva based hedge fund advisory company, NARA Capital, announced plans to release its UCITS Alternative Index to the public. A series of indices aims to track the performance UCITS hedge funds and funds of funds. ”NARA […]

Galleon Hedge Fund Case May Claim 10th Guilty Plea

New York (HedgeCo.net) – In the case of U.S. v. Hariri, former Atheros Communications Inc. Vice President Ali Hariri has waived his right to a grand jury indictment, according to a Reuters report. If Hariri pleads guilty, it will become […]

Study: Market Breadth Points To Hedge Fund Performance

New York (HedgeCo.net) – Hedge fund consultant Hennessee Group LLC conducted a study examining the correlation between the breadth of equity market moves and the performance of long/short equity hedge funds relative to traditional indices. Through this study, the Hennessee […]

Rabbi Charged With Blackmailing Hedge Fund

New York (HedgeCo.net) – Orthodox Rabbi Milton Balkany has been charged with trying to blackmail a hedge fund, threatening to tell authorities about alleged insider trading at the fund, it was reported by Reuters this morning. Athough the prosecutors didn’t […]

Hedge Fund Fraud Case Postponed Until After Civil Suit

New York (HedgeCo.net) – The date has been set for hedge fund founder Raj Rajaratnam’s criminal suit. New York Judge Richard Holwell has delayed it till Oct. 25, 2010. “Ensuring a full opportunity for both sides to litigate all the […]

Hedge Fund Index Holds Steady in January, Up 0.17%

New York (HedgeCo.net) – Final performance for the Credit Suisse/Tremont Hedge Fund Index is confirmed up 0.17% in January, according to Oliver Schupp, President of Credit Suisse Index Co., Inc. “The Credit Suisse/Tremont Hedge Fund Index finished January in slightly […]

Investors Questioning Economic Recovery

New York (HedgeCo.net) – Investors are positioning themselves for halts in both Europe and China’s economic recovery, according to the BofA Merrill Lynch Survey of Fund Managers for February. Investors have scaled back their growth expectations, retreated into cash and […]