Category Archives: Press Releases

Barclay Managed Funds Report Now Available

West Palm Beach (HedgeCo.net) –  Research and Markets has announced the addition of the "The Barclay Managed Funds Report" subscription to their offering. Published quarterly, for the last 17 years, the Barclay Managed Funds Report provides industry professionals with information […]

Morningstar Hedge Fund Report, July 2008

West Palm Beach (HedgeCo.net) –  Hedge funds saw their worst monthly performance in the history of the Morningstar 1000 Hedge Fund Index. The index returned a negative 3.07% in July 2008, an eventful month for the markets. In the first […]

Fulcrum Group Combines $100bln unit to serve 1000 hedge funds

West Palm Beach (HedgeCo.net) – Fulcrum Group, a leading global administrator for hedge funds and the alternative asset management industry, backed by global private equity firm, 3i, and Butterfield Fund Services (BFS), a top-twenty provider of administration services for investment […]

Hedge Fund Looking Into Steve & Barry’s

West Palm Beach (HedgeCo.Net) – Hedge fund Bay Harbour Management is poised to take over bankrupt clothing retailer Steve & Barry’s. The company announced on Monday it has filed a "stalking horse" purchase agreement with the hedge fund in which […]

Introduction Capital Announces Partner Sponsors

TORONTO – Introduction Capital announced today that HorizonsBetaPro ETFs, Felcom Data Services Inc. and JovVentures Inc. have signed onas the partner sponsors for its third annual forum for global sophisticatedinvestors interested in the Canadian hedge fund market entitled “CanadianHedge Fund […]

Hedge fund Harbinger Raises Stake in Midwest

West Palm Beach (HedgeCo.net)- US hedge fund Harbinger has increased its stake in Australian iron ore miner Midwest Corp. Ltd. to 12.53%, an effort to block Chinese iron ore trader Sinosteel Corporation’s takeover of the latter. Harbinger, a major shareholder […]

Two New Additions To BNP Paribas’ Hedge Fund Team

West Palm Beach (HedgeCo.net)- BNP Paribas has appointed Thomas Mahala and Jason Miller to its global hedge fund relationship management team (HFRM). BNP Paribas now has over a dozen relationship management professionals located in New York, London and Hong Kong […]

Morningstar Reports Low End to Quarter

West Palm Beach (HedgeCo.net)- In a summary of hedge fund performance for the second quarter of 2008, Morningstar, Inc. marked June as a bad end to a good quarter. The Morningstar 1000 Hedge Fund Index fell 0.73% during the month, […]

FRM Hires Award Winning Hedge Fund Manager

West Palm Beach (HedgeCo.net)- Global fund of hedge funds (FOHF) group Financial Risk Management (‘FRM’), has hired Au King-lun, MH, PhD, as Chief Executive Officer of FRM Hong Kong. "The firm has long been known for its strength in serving […]

Recent Tax Rulings Affecting Hedge Funds

The Internal Revenue Service (“IRS”) has recently issued new rulings and regulations that have an impact on tax filings by many hedge funds.  The new rulings deal with the deduction of investment interest expense for trading funds and fund-level expenses […]

Northern Trust to Manage Auda Hedge Assets

West Palm Beach (HedgeCo.net)- New York based fund manager Auda Hedge LLC has selected hedge fund manager Northern Trust to provide fund administration, custody, banking and foreign exchange services to its fund of hedge fund program, with assets in excess […]

Tri Global FX Launches FOREX Fund

West Palm Beach (HedgeCo.net)- Recent news from Reuters shows that there is a booming interest in foreign exchange markets. According to the article, FX traders are seeing an increasing demand from institutional players, pension funds, and corporations. However, searching the […]