Hedge Fund Blogs From HedgeCo.Net

An investment advisor is any entity that provides fee-based advice regarding the buying and selling of securities. Under the Investment Advisers Act of 1940, investment advisors are required to register with either the SEC or the state – which one would depend upon the firm’s assets under management (AUM). Investment advisor registration requirements have changed under the Dodd-Frank Wall Street […]

I asked Andrew Ross Sorkin: “In hindsight, what is the most important lesson to be learned from the financial crisis?” “It all comes back to one word: debt.” Sorkin said, “We can blame the financial crisis on a lot of things — misguided housing policy, too-low interest rates, global imbalances, lax regulation, bankers-gone-wild — but in the end, it was […]

Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) will post positive performance of 0.22% in August (based on 70% of assets in the index reporting). Key highlights for the month include: Hedge funds sustained moderate gains in August. The Dow Jones Credit Suisse Hedge Fund Index was up 0.22%, bringing year-to-date performance to 2.46%. The industry outperformed […]

HedgeOp Compliance, LLC, announced that in response to new regulatory demands it has significantly upgraded its software for personal trading supervision. HedgeOp has upgraded its ELF Platform (Employee Level Filing) with electronic linkages to over 2,800 different brokerage institutions using patented, state-of-the-art technology created by Yodlee™, the leading provider of online personal financial management (PFM) and revenue-generating payments solutions and […]

The Chatterjee Group (TCG), with AUM of over $1 billion, headquartered in NY and founded by ex-Soros advisor Dr.  Purnendu Chatterjee’s India dedicated Equity Long/Short Fund, TCG IndiaStar, ranks #1 in its peer group of India dedicated Equity Long/Short funds: up +12.2% net July 31, 2010 YTD. Dr. Chatterjee commented: “We have to provide a Fund model that works in India ; […]

The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has urged European Union policymakers to push ahead with reforms of over-the-counter (OTC) derivatives, saying that the benefits will outweigh increased costs. AIMA, which recently submitted a response to the European Commission’s Consultation on Derivatives and Market Infrastructures, said it wished to see EU policymakers implement […]

Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 1.59% in July and 2.22% YTD “The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month.” Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “Among the top performers […]

Hedge funds delivered strong positive results in July as the month saw rallies across most sectors and asset classes. The Eurekahedge Hedge Fund Index was up 1.42%1 for the month, bringing the year-to-date July returns to 1.17%. The MSCI World Index also posted strong gains of 5.65%, with its year-to-date July measure at -2.94%. Below are the highlights for the […]

From the Eisner LLP Legislative Monitoring Group Background On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”) which provides, among other matters, for increased regulation of banks and other financial institutions and creates a Financial Stability Oversight Council. In this release, we comment on the increased regulation of financial institutions – […]

After a slight loss in June the UCITS HFS Index returned a positive result in July 2010. Although just being up 0.35% this month it is a noteworthy result as the first three weeks the broad index was negative. After the first week of trading with nearly every strategy in the red the UCITS HFS Index was down by -0.46%. […]

Holland & Knight LLP – The Securities and Exchange Commission (“SEC”) has adopted two different amendments to the Form ADV, Parts 1 and 2.  On December 30, 2009, the SEC amended the custody rule for SEC-registered investment advisers (“RIAs”) and announced revisions to Part 1 of Form ADV to require RIAs to report custody practices. On July 21, 2010, the […]

Dow Jones Indexes, a leading global index provider, today announced enhancements to the methodology of the Dow Jones Global and U.S. Total Stock Market indexes as well as the Dow Jones Global Index. Effective with the open of trading on September 20, offshore-companies with a primary listing on a U.S. stock exchange will be eligible to be included in the […]

1 J.P. Morgan $ 53.5 2 Bridgewater Associates $ 43.6 3 Paulson & Co. $ 32.0 4 Brevan Howard $ 27.0 5 Soros Fund Mgmt. $ 27.0 6 Man Group $ 25.3 7 Och-Ziff Capital Mgmt. Group $ 23.1 8 D.E. Shaw Group $ 23.0 9 BlackRock (BGI) $ 21.0 10 Farallon Capital Mgmt. $ 20.7 11 Baupost Group $ […]

BNP Paribas won the award for ‘Hedge Fund Administrator of the Year – Americas, less than $50Bn assets under administration’ by the International Custody and Fund Administration (ICFA). “This is an important achievement for BNP Paribas, especially in the US, because it reflects how enterprising we are in developing innovative solutions to exceed our clients’ needs,” Andrew Dougherty, Managing Director […]