Monthly Archives: May 2008
HedgeCo and LJH Financial Marketing Strategies Unveil New Initiative to Provide Comprehensive Marketing Solutions to the Global Hedge Fund Industry
New York, NY – (May 29, 2008) – HedgeCo Networks and LJH Financial Marketing Strategies announced today a partnership to provide comprehensive marketing and investor relations services to the global hedge fund industry and related financial sectors. The new partnership […]
Jupiter Strategic Bond Fund Launch
West Palm Beach (HedgeCo.Net)- Hedge fund manager Jupiter Asset Management announced the launch on June second 2008 of the of the Jupiter Strategic Bond Fund. The new fund is Sterling denominaterd with a 4% initial fee and 1.25% as annual […]
Jupiter Fund Launch
West Palm Beach (HedgeCo.Net)- Hedge fund manager Jupiter Asset Management announced the launch on June second 2008 of the of the Jupiter Strategic Bond Fund. The new fund is Sterling denominaterd with a 4% initial fee and 1.25% as annual […]
Goodbye, Bear Sterns
CNNMoney.com- JPMorgan Chase should complete its historic bid for Bear Stearns Thursday, effectively closing one of the more dismal chapters in the annals of Wall Street. Nearly two-and-a-half months after the extraordinary tie-up was revealed, Bear Stearns shareholders are widely […]
Man Group year profit surges 60%
Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]
Super funds eye hedge funds
Money Management- A survey of some of Australia’s biggest superannuation funds has found that they intend to increase their average allocations to hedge funds from 2.5 to 3.5 per cent over the next two to five years, according to a […]
Activist hedge funds win first victory in France
Reuters- Activist hedge funds have struck their first victory in France, building on successes in Britain and the Netherlands, where their aggressive tactics have forced several companies to bend to their will. Centaurus Capital and Pardus Capital Management got their […]
UBS’s Commodities Co-Head Quits to Join Hedge Fund
Bloomberg- Hunter Shively, global co-head of UBS AG’s commodities business for the past seven months, is resigning to join a start-up hedge fund that is raising money to trade energy futures. Shively, 38, will stay on for two months to […]
Edeus launches mortgage quality assessment service
Reuters UK- Mortgage market specialist edeus is launching a service that it says will allow investors and bankers to assess the quality of pools of mortgages behind asset-backed securities based on up-to-date information. Edeus says its service differs from traditional […]
SEC to probe Bear Stearns trading data
Reuters- Bear Stearns Cos plans to turn over documents to securities regulators showing that financial giants like Goldman Sachs Group, Citadel Investment Group and Paulson & Co cut their exposure to the securities firm before its collapse, the Wall Street […]
UK fund tries new tactic in face of Japanese ban
Guardian Unlimited- The Children’s Investment Fund has bought shares in two major investors in the Japanese company J-Power, weeks after its attempt to double its stake in the electricity supplier was blocked by the Japanese government. The hedge fund – […]