Category Archives: HedgeCo News
Hedge Funds Win London Lehman Case
New York (HedgeCo.net) – Hedge funds controlled by Goldman Sachs and GLG Partners won a significant court ruling yesterday, over how to properly distribute billions of dollars of client money held by Lehman Brothers when it collapsed, The Financial Times […]
Hedge Funds Gain $14.93 Billion in November
New York (HedgeCo.net) – The hedge fund industry grew by $14.93 billion in November, according to the Eurekahedge report, with performance-based gains of $9.92 billion and net inflows of $5 billion. The total size of the hedge fund universe now […]
Research Forecasts Steady Global Economic Recovery in 2010
New York (HedgeCo.net) – BofA Merrill Lynch Global Research released its Global Macro Year Ahead economic and market forecasts, projecting higher-than-consensus GDP growth, low inflation, a bullish outlook for equities, a strengthening U.S. dollar against select currencies and a less […]
BNY Launches Independant Hedge Fund Validation Service
New York (HedgeCo.net) – Hedge fund administrator BNY Mellon Alternative Investment Services has launched a service that independently validates a hedge fund’s position records to third-parties – prime brokers, custodians, trustees and agent banks – and independently verifies the pricing […]
US House to Raise Hedge Fund Managers’ Taxes
New York (HedgeCo.net)- The U.S. House of represntatives yesterday voted to more than double a tax on income earned by executives of private equity and venture capital firms including hedge funds. The bill treats compensation received by executives at private […]
Ghahramani Launches Hedge Fund Trading Firm
New York (HedgeCo.net) – Sassan Ghahramani announced the official launch of SGX Advisors, a foreign exchange and global macro intelligence and trading firm for hedge funds, asset managers, and policy makers. “We are living in a world where a Dubai […]
New Environment Requires New Methods of Contract Risk Management
New York (HedgeCo.net) – Hedge funds need to enhance the way they manage key contracts in order to meet today’s stricter standards of risk management and reporting and prepare for the future. Fortunately, this challenge is easier to meet than you […]
Event Driven Hedge Funds Outperform in November
New York (HedgeCo.net) – Hedge funds regained momentum in November following October’s muted returns, according to the Credit Suisse Tremont Index. A number of Global Macro quant funds had their best month of the year which helped make up some […]
Get Ahead of the Compliance Curve
New York (HedgeCo.net) – In recent months, the push for increased regulation for hedge fund advisers has gained momentum. In addition to proposed legislation in both chambers of the U.S. Congress, a number of industry associations have also signaled acceptance […]