Category Archives: HedgeCo News
December investor survey finds managment fees too high
West Palm Beach (HedgeCo.net) – When surveyed about what they think about fee levels and value for money offered by investment managers, investors believe that managment fees are too high. Two surveys were conducted by bfinance in December, questioning institutional […]
Hedge Fund Editor to Join NetSalonFX as Adviser
West Palm Beach (HedgeCo.net) – Chris Gillick, currently an associate editor with Trader Monthly and Dealmaker magazines, has agreed to join NetSalonFX as an adviser, principal/branch manager, and regulatory liaison, having just completed his NASD Series 30 exam. As an […]
Alternative Investment Specialist Joins Canadian Hedge Fund
West Palm Beach (HedgeCo.net) – Todd Groome is joining Diversified Global Asset Management (DGAM) as a Managing Director, effective February 1, 2009. Responsible for business development, Groome will also advise the investment team on macro investment themes and the global […]
Blackstone Man Targeted by SEC for Insider Trading
New York (HedgeCo.Net) – A Blackstone Group executive has been sued by the U.S. Securities and Exchange Commission after allegedly fronting an insider trading scam that involved supermarket chain Albertsons. According to the complaint, Managing Director Ramesh Chakrapani tipped off […]
Former UBS Exec Declared a Fugitive by South Florida Judge
New York (HedgeCo.Net) – U.S. authorities have officially declared Raoul Weil, formerly of UBS, a fugitive. The one-time prominent business man and former chairman of UBS’s global wealth management unit, failed to surrender to police after being charged with aiding […]
Eze’s Virtual Hedge Fund Hotel Suites
West Palm Beach (HedgeCo.net) – Hedge fund manager Eze Castle Integration has introduced a web version of its "hedge fund hotel" for small hedge funds with fewer than 10 people. The company introduced the fully managed physical suite in November […]
Directory of Commodity Exchange Traded Funds Launched by Energy Hedge Fund Center
West Palm Beach (HedgeCo.net) – The Energy Hedge Fund Center, an online community focused on energy and environmental alternative investments, has launched a Directory of Commodity-focused Exchange Traded Funds that will appeal to ordinary investors. The Directory lists Exchange Traded […]
GFX Alternatives Launches Multi-Manager Portfolio
New York – GFX Alternatives LLC, a member of the Global Fund Exchange Group, today announced the formation of a new multi-manager portfolio to invest in the dynamic alternative energy investment sector. GFX Alternatives is dedicated to a diversified, global […]
Madoff Avoids Jail, Continues House Arrest
New York (HedgeCo.Net) – Bernard Madoff will continue his house arrest at his swanky Manhattan apartment, after a judge refused to send him to prison on Monday. Madoff’s lawyers have pointed out that he has cooperated fully with officials and […]
Hedge Funds Rally in December, Post Record Losses on the Year
New York (HedgeCo.Net) – Although hedge funds finished up 2008 with some of the worst numbers to date, they showed some signs of promise in December. According to the latest research by the Hennessee Group LLC, a New York-based advisor […]
Northern Arizona Land Eyed by Hedge Funds
West Palm Beach (HedgeCo.net) – Rolling Hills Ranches, LLC has has been in talks with a number of investors and hedge funds in recent weeks, engaging experts from the Master Planned Communities group of Kitchell Construction to provide planning oversight […]