Author Archives: the HedgeCo News Team
Nirvana Solutions Winner in HFMWeek’s Annual Hedge Fund Services Award Ceremony
New York (HedgeCo.Net) – Nirvana Solutions is proud to announce its recent recognition in HFM Week’s Annual US Hedge Fund Services Award Ceremony, as the ‘Best Technology Company for Emerging Managers.’ The ceremony recognizes and celebrates those service providers who have outperformed […]
China prepares to liberalise finance as hedge funds and estate agents salivate
The Guardian – It’s a long way from Beijing to Belgravia but London’s upmarket estate agents would be well advised to keep a close eye on developments in China over the next 10 days. The price of a mansion in […]
Julian Robertson offshoot crushed by rising market
CNBC – Axial Capital Management, the once-$1.8 billion hedge fund firm seeded by Julian Robertson of Tiger Management, is shutting down following several years of losses fueled by short bets against stocks, according to two people familiar with the situation. […]
Loeb’s Third Point hedge fund up 19.4 percent through October
BOSTON (Reuters) – Hedge fund manager Daniel Loeb told investors that his Third Point Offshore Fund had returned 19.4 percent this year, ranking it among the industry’s best performers. In October, Loeb’s fund gained 1.2 percent while the Standard & […]
SAC Pleads Guilty to Insider Trading and is fined $1.8 Billion
New York (HedgeCo.Net) – Preet Bharara, the United States Attorney for the Southern District of New York, announced today an agreement (the “agreement”) to resolve insider trading charges against four “SAC companies”—that are responsible for the management of a group of affiliated […]
Co-op Bank to close 50 branches as hedge funds broker rescue deal
The Guardian – The Co-operative Group on Monday sought to reassure customers of its troubled banking arm that its ethical approach could be maintained as it confirmed that activist hedge funds were taking a crucial role in the £1.5bn rescue […]
Are Top Hedge Funds Starting to Rotate out of U.S. Stocks?
247wallst – With a stock market that has posted a 23% gain on the S&P 500 Index so far in 2013, the Prime Brokerage team at Credit Suisse is starting to see some interesting changes in hedge fund trading. Across […]
Hedge Funds Plan Proxy Battle for ValueVision Media
NYTIMES – Two activist hedge funds, the Clinton Group and Cannell Capital, have joined forces to mount a proxy battle for control of the Internet and television shopping network ValueVision Media. The Clinton Group, which manages $1.5 billion in assets, […]
Last Chance for Hedge Fund Managers to be included in the Hedge Fund Compensation Survey
New York (HedgeCo.Net) – The annual Hedge Fund Compensation Benchmark Survey is almost complete and data gathering closes within a few days. Hedge fund investment professionals are invited to participate and the online survey only takes minutes to complete. The survey, […]
Topturn Capital aligns with Pro Surfer Joe Curren to take advantage of the JOBS Act
New York (HedgeCo.Net) – Topturn Capital, a boutique investment management firm, aligns with professional surfer Joe Curren in a bold maneuver to take advantage of the SEC’s ratification of the JOBS Act and set new precedence in marketing. “The SECs recent […]
Hedge Fund Superstars Think Advertising Is For Upstarts
Business Insider – It has been nearly a month since the JOBS Act allowed hedge funds to advertise, but so far there have been few takers. According to reporting by the FT, smaller “upstarts” have shown interest in advertising, but […]
Asset Alliance Acquires Stake in HedgeCo Networks
New York (HedgeCo.Net) – Asset Alliance, a multifaceted investment management firm specializing in alternative investment management, has acquired an equity stake in HedgeCo Networks, a financial services firm focused on hedge funds and the operator of HedgeCo.Net, the world’s most trafficked […]
