Category Archives: Press Releases
Acquisition Advisor Charged with Insider Trading
(HedgeCo.Net) The U.S. District Court for the Central District of California entered a consent judgment against corporate deal advisor Rong Chen, who was charged by the Securities and Exchange Commission with insider trading. In September 2018, the SEC charged Chen, […]
Jon Aisbitt to step down as Man Group Chairman in 2016
Man Group announces that Jon Aisbitt intends to step down as Chairman and as a director of Man Group plc in May 2016 at the Company’s Annual General Meeting (AGM). A committee of the Board, led by the Senior Independent […]
UCITS HFS Index slows down, still up 0.36% in March 2015
The UCITS HFS Index continues its positive run in 2015 with gains of 0.36% in March 2015, the third positive monthly result in a row. The broad index started slowly into the month, posting returns of 0.11% after the first […]
HedgeCoVest Takes Top Honors At Benzinga Fintech Awards Ceremony
New York (HedgeCo.net) Over 115 top Fintech firms from across the nation entered the 2015 Benzinga Fintech Awards competition in March to recognize the most impressive new technology catering to financial services and capital markets. At Wednesday night’s awards ceremony […]
Highlights from Citi’s March Hedge Fund Snapshot
New York (HedgeCo.Net) Citi recently released its Hedge Fund Snapshot for March and February was a good month for hedge funds both in terms of performance as well as growth. In terms of performance, the two equal-weighted across funds indices […]
Hedge Funds Continue to Experience Strong Inflows
New York (HedgeCo.Net) After seeing outflows of $11.2 billion in January, hedge funds saw inflows of $7.2 billion in February according to information released by TrimTabs and BarclayHedge earlier this week. The inflows in February are the strongest for the […]
David Burnett Appointed as Head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa
To support the continued momentum of Northern Trust’s hedge fund administration business, Northern Trust (Nasdaq:NTRS) has appointed David Burnett as head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa (EMEA). Based in London, Burnett will lead […]
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for February 2015 measured 2.19%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.66% in March. “March data showed a modest gain in the […]
SEC Suspends Trading in 128 Dormant Shell Companies to Put Them Out of Reach of Microcap Fraudsters
The Securities and Exchange Commission has suspended trading in 128 inactive penny stock companies to ensure they don’t become a source for pump-and-dump schemes. The trading suspensions are the latest in a microcap fraud-fighting initiative known as Operation Shell-Expel in […]
NY Hedge Fund Charity Poker Tournament
Press Release – Private Equity and Hedge Fund Industry Leaders and New York Knicks Legend John Starks Will Unite To Support Career Mentorship Programs for Disadvantaged, Low-Income Individuals. StreetWise Partners, a leading non-profit organization that works with low-income individuals to help […]
Neuberger Berman Places Nine Wealth Advisors In Barron’s “Top Financial Advisors” List
PRNewswire – Neuberger Berman, one of the world’s leading private, employee-owned investment managers, announced that nine of the firm’s wealth advisors were included in the Barron’s magazine feature “America’s Top 1,200 Financial Advisors”. The annual state-by-state list shows three of […]
Ex Goldman Director Launches Bitcoin Derivatives Brokerage
Crypto Facilities Ltd, a London-based broker run by former Goldman Sachs Executive Director Timo Schlaefer, announced today the launch of its bitcoin derivatives trading platform http://www.cryptofacilities.com. The platform initially hosts a Forward contract on the USD price of bitcoin. The […]