Category Archives: HedgeCo News
Leaders at G20 Vow to Restore International Markets, Keep a Closer Watch on Hedge Funds
New York (HedgeCo.Net) – Hedge funds can expect to be kept on a tighter leash in the near future, as leaders from all over the world met at the G20 summit in London to discuss the next steps towards remedying […]
SecondMarket Opens Trading of Mortgage-Backed Securities, Whole Loans and Collateralized Debt Obligations
NEW YORK, N.Y. – SecondMarket, the largest marketplace for illiquid assets, announced today that it has launched markets for mortgage-backed securities (MBS), whole loans, and collateralized debt obligations (CDO). Through SecondMarket, buyers and sellers are able to trade these assets […]
Update – Hedge Fund Manager Capitalises On Mispriced Asian Performing Debt
West Palm Beach (HedgeCo.net) – Singapore hedge fund manager, 3 Degrees Asset Management, is launching ADF Prime Ltd, a credit opportunities fund that will invest primarily in the performing debt obligations of Asian companies that have been mispriced as a […]
Hedge Fund Shareholders Seek Legal Action in Canada
West Palm Beach (HedgeCo.net) – A former hedge fund shareholder of Canadian securities company, Capital Units of Oil Sands Split Trust, is taking legal action regarding the Trust’s Special Annual Retraction that occurred in December, 2008. The hedge fund said […]
Seattle Scam Targets Church Members, Senior Citizens
New York (HedgeCo.Net) – The Securities and Exchange Commission has charged John H. Min and his company, Dime Financial Group LLC, in an investment scheme targeting churches and senior citizens. The Tacoma, Washington resident was accused of bilking over $6 […]
Obama: Bankruptcy May Be Best Option for GM, Chrysler
New York (HedgeCo.Net) – Just days after asking GM Chief Rick Wagoner to step down, President Barack Obama is suggesting that bankruptcy may be the automaker’s best chance at a successful restructuring, according to sources who spoke with Bloomberg News. […]
Hedge Funds Size/Performance, Crisis Analysis
West Palm Beach (HedgeCo.net) – A recent paper by AlternativeSoft regarding the influence of hedge fund size and strategy during the recent crisis, showed that that from July to December 2008, large and medium hedge funds outperformed their smaller peers […]
Florida Hedge Fund Swindler Granted Continuance in New York
New York (HedgeCo.Net) – Arthur Nadel, the 76-year-old Sarasota resident who was accused of disappearing with $350 million of investor funds, has been granted a 30-day continuance by a federal judge in New York yesterday. Prosecutors will have until […]
Ramius Fund Of Funds Group LLC and Hatteras Capital Investment Management, LLC Announce Joint Venture
New York, NY – Ramius Fund of Funds Group LLC, an investment adviser that provides discretionary investment management services to U.S. and international clients in the alternative investment space and Hatteras Capital Investment Management, LLC, a provider of unique alternative […]
Institutional Investors Plan to Increase Hedge Fund Allocations in 2009
West Palm Beach (HedgeCo.net) – A study by State Street Corporation indicates that the turbulent financial markets have not caused major shifts in institutional asset allocations. Three quarters of institutional investors said they do not plan to modify portfolio allocations. […]
Investor Confidence in the Hedge Fund Industry – Survey
West Palm Beach (HedgeCo.net) – Eighty per cent of hedge fund investors continue to believe that hedge funds can provide good, long-term returns, according to a recent survey conducted by IRC Conferences / Terrapinn, a leading global business media company […]