Category Archives: HedgeCo News
Trinity Fund Administration Expands Into Cayman, Hires Ex-Goldman Sachs Fund Specialist
New York (HedgeCo.net) – Hedge fund manager, Trinity Fund Administration has opened an office in the Cayman Islands after receiving a full Fund Administrators license from the Cayman Islands Monetary Authority. Brad Cowdroy has been appointed Head of the new […]
Swedbank Robur Reduces Fund of Hedge Fund Fees
New York (HedgeCo.net) – Scandinavian fund of hedge fund manager, Swedbank Robur announced that it is lowering fees by .2% to .4% on its 5 funds, effective October 1st. “These reductions are in line with our ambition to offer an […]
Palladio Alternative Research goes live
New York (HedgeCo.net) – Swiss-based Palladio Alternative Research Group has started operations in August 2009 via its first Geneva-based subsidiary. Designed to provide outsourcing solutions for hedge fund research and due diligence, Palladio Alternative Research Group will be headed by […]
Cayman Hedge Fund Results Up For US Equity Market Neutral Fund
New York (HedgeCo.net) – Global Hedge Fund Group said that their flagship fund, the US Equity Market Neutral Fund showed annual returns of between 22-45%, accompanied with a volatility of 8-12% per annum. The fund commenced trading on 20 August […]
Butterfield Fulcrum Partners With Risk Fundamentals
New York (HedgeCo.net) – Alternative fund administration company, Butterfield Fulcrum, announced a partnership with hedge fund software firm Risk Fundamentals, to provide comprehensive risk analytics to hedge fund managers. “As independent administrators we sit at the junction where transparency and […]
Hedge funds attract $4.5 billion in Aug 2009
New York (HedgeCo.net) – Preliminary reporting from Eurekahedge finds that August marks the 6th consecutive month of positive returns for hedge funds (up 13.1% YTD); hedge funds up 2.6% for the last 12 months, while the MSCI AC World Index […]
Hedge Funds Lag as Equity Market Rally Continues – Hennessee
New York (HedgeCo.net) – There was good economic news in August, specifically housing and manufacturing data, according to hedge fund research specialist Hennessee Group. “Government spending continues to drive demand, while the private sector has been largely absent. This dynamic […]
Peak Oil Investing Hedge Fund Launch
New York (HedgeCo.net) – Hedge fund investor, logi ENERGY LLC., has announced the formation of The Peak Oil Value Fund. Launched September 8, the new hedge fund is the first of its kind aimed at institutional and accredited investors. “We […]
Euromoney Launches International Hedge Fund Magazine
West Palm Beach (HedgeCo.net) – International publishing and information company, Euromoney Institutional Investor, is launching a new magazine and online offering covering US and international hedge funds in September. The new publication will be titled “AR”. “The publication will include […]
Third Avenue Launches Credit Fund, Hires Blackrock Hedge Fund Specialist
West Palm Beach (HedgeCo.net) – Third Avenue Management LLC, the investment adviser to the Third Avenue Funds has launched the Third Avenue Focused Credit Fund, capitalizing on credit, distressed and value equity investing. “The current market environment provides attractive opportunities […]
Cayman Islands Current Financial Position – Not Bankrupt
West Palm Beach (HedgeCo.net) – In a statement outlining the Cayman Islands financial position, the Hon. McKeeva Bush, Leader of Government Business/Premier Designate issued a statement regarding recent media coverage suggesting that the Cayman Islands is bankrupt, “We can confirm […]
Credit Suisse’s AIR Shows Positive Month for Hedge Funds
West Palm Beach (HedgeCo.net) – Long/Short Equity hedge funds returned positive performance in August mainly as a result of the continued uptrend in equity markets, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. “Following […]