Category Archives: Press Releases
Execution LLC Opens New York Office
West Palm Beach (HedgeCo.net) – Execution LLC, an agency-only global broker dealer, today announced that it has opened a New York office as part of its long-term US growth plan. Execution’s new office is located at 450 Park Avenue and […]
May Performance Up 4.06%, Credit Suisse/Tremont Hedge Fund Index Confirms
West Palm Beach (HedgeCo.net) – “Hedge funds finished up 4.06% in May, capturing the largest monthly gains since February 2000." Oliver Schupp, President of Credit Suisse Index, said, Emerging Markets funds were the strongest performers, finishing up 6.96%. The Emerging […]
Northern Trust Named Fund of Hedge Funds
West Palm Beach (HedgeCo.net) – Financial technology vendor youDevise Limited congratulated its client Northern Trust upon being awarded the Fund of Hedge Funds Administrator of the Year award at the inaugural HFMWeek Service Provider Awards, held recently in London. Northern […]
Hedge Fund Middle Office Services Launch by Citi
West Palm Beach (HedgeCo.net) – Citi is opening a daily operational suite of solutions for hedge fund managers that they hope will improve efficiency and allow managers to focus on optimizing investment decision making. "The Hedge Fund Middle Office service […]
Credit Suisse Launches Hedge Fund Replication System
West Palm Beach (HedgeCo.net) – Credit Suisse announced the launch of a new Global Macro Replication Index which aims to capture the risk/return characteristics of the Credit Suisse/Tremont Global Macro Hedge Fund Index. The new index enables investors to gain […]
InfoHedge Technologies Certified as Paladyne Systems Implementation Partner
NEW YORK – InfoHedge Technologies, a leading provider of IT services and solutions to the alternative investment industry, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that InfoHedge Technologies has been designated […]
Hedge Fund Standards Board Announces New International Signatories
West Palm Beach (Press Release) – Odey, Jupiter and The Children’s Investment Fund are among the latest batch of new signatories announced today by the Hedge Fund Standards Board (HFSB). A total of 13 new hedge fund managers have […]
Falcone Starts Fund as Harbinger Client Money Remains Locked Up
Bloomberg – Philip Falcone, who runs the $7 billion Harbinger Capital Partners LLC, is starting a hedge fund that draws on his background in distressed securities, even as investors are locked into his biggest fund. The Credit Distressed Blue Line […]
Grant Thornton LLP Launches New Hedge Fund Registration and Compliance Services
EatrhTimes – In response to investor demand for greater transparency as well as pending new legislation, Grant Thornton LLP’s Financial Services practice is launching Hedge Fund Internal Control, Governance and Regulatory Compliance Services. These services will help funds attract new […]
Breakingviews.com Europeans Favor Regulating ‘Shadow Banks’
New York Times – Hedge funds and the rest of the so-called shadow banking system are almost certainly going to face more regulation. But governments should not try to supervise them directly; instead, it would be far more productive for […]
