Category Archives: HedgeCo News
People Moves: Infonic Expands Fund of Hedge Fund Team
New York (HedgeCo.net) – Swiss fund of hedge fund(FoHF) provider, Infonic AG, Infonic AG, has added Ian Morley to its Board of Directors. Morley, a UK-based alternative investment management industry veteran joins new Chair of the Board and US-based Managing […]
Hedge Funds Up +1.70% In November 2009
New York (HedgeCo.net) – Hedge fund adviser Hennessee Group LLC said that the Hennessee Hedge Fund Index advanced +1.70% in November (+22.40% YTD), while the S&P 500 rose +5.34% (+20.84% YTD), the Dow Jones Industrial Average increased +6.51% (+17.87% YTD), […]
Hedge & Sovereign Wealth Funds Selling Bank Shares
New York (HedgeCo.net) – Gulf-based investors have been selling their holdings in banks, following the recent period of strong share price performance throughout this year’s stock market rally, the Telegraph reports. Hedge fund investor Sheikh Mansour Bin Zayed Al-Nahyan, the […]
Centrecourt Asset Management to Launch Distressed/Credit Opportunites Fund
New York (HedgeCo.net) – Centrecourt Asset Management is in the process of launching The CAM Distressed/Credit Opportunities Fund. This is the third fund formed by Centrecourt Asset Management LLC, a registered investment advisory firm, which has managed approximately $500 million […]
Alternative Investor LeapFrog Invests $6 Million in AllLife
New York (HedgeCo.net) – LeapFrog Investments has announced a ZAR 50 million (over $6 million) investment in AllLife, one of Africa’s most innovative insurance businesses. The announcement took place after World AIDS Day. Launched with President Bill Clinton in 2008, […]
Long/Short Equity Hedge Fund Sector Fell Short in November – Credit Suisse
New York (HedgeCo.net) – Long/Short Equity funds did not fully capitalize on November’s equity market rally since many funds are maintaining more conservative positions in anticipation of year-end, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at […]
Update 3: State Street Buys $170 Billion UK Fund Admin. Company
New York (HedgeCo.net) – State Street Corporation is expanding its global servicing capabilities with an agreement to acquire alternative fund administration company Mourant International Finance Administration in a cash transaction. The UK company is headquartered in Jersey in the Channel […]
Hedge Funds To See Positive ‘December Effect’
New York (HedgeCo.net) – Hedge funds and equity markets are likely to continue their momentum heading into the end of the year and lead to additional gains for investors during the month of December, hedge fund advisor Hennessee Group LLC, […]