Category Archives: Press Releases
FactSet Anounces 2008 Global Revenues
West Palm Beach (HedgeCo.net) – FactSet Research Systems Inc. announced the first quarter results ending November 30, 2008, showed revenue increase to $155.6 million, an increase of 16% compared to the prior year. Operating income for the first quarter advanced […]
Hedge Funds Decline 2.69% in November
New York, NY – Hennessee Group LLC, an adviser to hedgefund investors, announced today that the Hennessee Hedge Fund Index declined-2.69% in November (-18.44% YTD), while the S&P 500 declined -7.48%(-38.97% YTD), the Dow Jones Industrial Average declined -5.32% (-33.44%YTD), […]
BIO Congratulates President-Elect Obama on His Presidential Election Victory
West Palm Beach (HedgeCo.net) – The following statement was issued by Biotechnology Industry Organization (BIO) President and CEO Jim Greenwood following the U.S. elections: "On behalf of the more than 1,200 members of the Biotechnology Industry Organization, I offer our […]
Third-Quarter 2008 Asset Manager M&A Activity Climbs Amid Financial Crisis, According to Jefferies Putnam Lovell
NEW YORK – Deals involving asset managers rose in the July to September 2008 period, with the global credit crunch as the backdrop for a jump in divestitures to almost 40% of total sales, up from 23% a year earlier, […]
Finter Bank Zurich acquires Bank Hugo Kahn
Zurich, September 2008 – Finter Bank Zurich and Bank Hugo Kahn AG, Zurich, hereby announce the merger of their two institutions. Completion of the transaction is planned for the first quarter of 2009. Bank Hugo Kahn has a tradition going […]
Hall Capital Partners Appoints Rick Grand-Jean as Director of Business Development
San Francisco – Hall Capital Partners LLC, an independent investment advisor overseeing $22 billion in global multi-asset class strategies for high-net-worth and institutional investors, is pleased to announce the expansion of the firm’s marketing efforts with the appointment of Richard […]
Citywire Reports Funds of Hedge Funds Down 7%
West Palm Beach (HedgeCo.net) – Funds of listed hedge funds are no longer providing reliable rates of return as the credit crunch continues – despite having been marketed as risk-free investments. Analysis from Citywire shows that the sector has declined […]
Introduction Capital Announces Executive Sponsors for its Forum
TORONTO – Introduction Capital announced today that BMOCapital Markets and Sprott Asset Management have signed on as the executivesponsors for its third annual forum for sophisticated global investors whoare interested in the Canadian hedge fund market entitled "Canadian HedgeFund Managers […]
Luxembourg Hedge Fund Services
HedgeCo.net (West Palm Beach) – With the global financial markets remaining fragile, it is still unclear to what extent the secondary effects of the credit crunch will impact the fund industry in Luxembourg, but industry experts are confident that despite […]
Forex Market Platform Launch By Avalon
West Palm Beach (HedgeCo.net) – Avalon Capital Holdings Corporation, and its wholly owned subsidiary, Traders Development LLC, announced that it has initiated alpha testing of its proprietary ECN system. The Avalon ECN is a liquidity aggregator, which takes the best […]
Reuven Enterprises President & CEO Ron Reuven Starts Uniquely Informative and Often Contrarion Personal Blog
August 2008 – Reuven Enterprises is proud to announce the launch of ourCEO’s BLOG. The goal of this blog is to let investors worldwide have Mr.Ron Reuven’s first hand insight on the issues that face the financialmarkets today without the […]
Hedge Fund Forum 2008
West Palm Beach (HedgeCo.net) – The Greenwich Hyatt will be the scene of the 2008 Global Alpha Forum, the hedge fund event is for both fund managers operating in Connecticut and investors wishing to get to know those managers. The […]