Category Archives: HedgeCo News

G8 Endorses Lecce Framework

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – G8 Finance Ministers announced their endorsement of a global regulatory framework for financial institutions worldwide, "We agreed to create a coherent framework which builds on work done by the IMF, World Bank, OECD, FSB, FATF, […]

Confluence Whitepaper Outlines Hedge Fund Reporting and Control Challenges

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Financial administration automation specialist, Confluence, released a new whitepaper for hedge fund administration executives, entitled "Hedge Fund Reporting: The Change Imperative". "Mandates from investors, regulators, and auditors are driving significant change in hedge fund back […]

Hedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are incredibly excited about the potential to significantly expand the scale and scope of […]

BTIG to Expand, Hires 4 High Yield Experts

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Institutional brokerage and hedge fund services company BTIG LLC, announced the further expansion of its Global Fixed Income Group with four new hires. The Global Fixed Income Group was launched in February of this year […]

Cayman Islands Monetary Authority Gains Full IOSCO Membership

June 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – The Cayman Islands Monetary Authority (CIMA) was formally admitted as the 189th member of the International Organization of Securities Commissions (IOSCO) at the meeting of the Presidents’ Committee at IOSCO’s 34th Annual Conference in Tel […]

Hedge Fund Provider Appoints Risk Specialist as Senior Advisor

June 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Risk management expert, Dr. Stuart Turnbull, has been appointed as senior advisor to independent hedge fund technology provider GlobeOp’s Risk Services. "Risk measurement, analytics and reporting are increasingly important to hedge funds and investors alike," […]

Hedge Fund Paulson & Co Buys $100 Million CB Richard Ellis Stock

June 10, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Real estate services company, CB Richard Ellis Group, Inc. has reached an agreement to sell in a direct placement 13,440,860 shares of its Class A common stock for gross proceeds of approximately $100.0 million, to […]

AlternativeSoft Teams Up With Eurekahedge & Crédit Agricole Structured Asset Management

June 9, 2009 : Permalink

West Palm Beach (HedgeCo.net) – AlternativeSoft has forged agreements with Crédit Agricole Structured Asset Management (CASAM) and Eurekahedge to provide all trial users of AlternativeSoft with free trials of the CASAM CISDM and the Eurekahedge Global Hedge Funds databases. “We’re […]

Credit Suisse/Tremont Hedge Fund Index Estimated to Finish Up 3.61% In May

June 9, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund managers posted positive returns across all major strategies in May except for Managed Futures. Returns were driven by favorable investment conditions across equity, credit and commodities markets. India led the positive trend in […]

BlackRock In Talks For Largest Global Hedge Fund Transaction On Record

June 9, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. confirmed that negotiations are ongoing with U.K.’s third-largest bank, Barclays Bank plc, about the potential purchase of Barclays Global Investors (BGI), including the iShares business. “The discussions are not yet concluded and there […]

Hennessee Says Hedge Funds Post Best Month in 9 Years

June 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – “Hennessee Group research and discussions with hedge fund managers has lead us to believe that the 20 year secular bull market in bonds is over.” Charles Gradante, Co-Founder of hedge fund investor consultant, Hennessee Group […]

Omgeo and EuroCCP Partner to Streamline Prime Broker/Hedge Fund Trade Processing

June 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Omgeo and EuroCCP today announced they have launched joint development of a pan-European equities central counterparty (CCP) service for hedge fund transactions. The new service will mitigate the counterparty risks and reduce the inefficiencies that […]