Category Archives: Press Releases
Banks’ Earnings Reflect Stable Growth, Hedge Funds Index Performance Slightly Down
Analysts’ Corner announced new research reports highlighting Bank of America Corporation, The PNC Financial Services Group, Inc., KeyCorp., First Republic Bank, and Credit Suisse Group AG. Bank of America Corporation Research Report On July 17, 2013, Bank of America Corporation […]
Sunofia to launch market neutral strategy
Sunofia Capital Management, LLC, a global asset management firm specializing in systematic strategies, today announced plans to launch a market neutral strategy. The strategy will initially invest in European and Japanese liquid equities and will subsequently add liquid North American […]
Neuberger Berman MLP Income Fund Announces Leverage Financing
Neuberger Berman MLP Income Fund Inc., a newly organized closed-end fund, announced today that it has successfully entered into a leverage financing facility with a major U.S. financial institution. Under the terms of the leverage facility, the Fund has access […]
Hedge Funds Post First Monthly Loss of 2013
July 10, 2013 – New York, NY – Hennessee Group LLC announced today that the Hennessee Hedge Fund Index declined -1.30% in June (+4.76% YTD), whilethe S&P 500 declined -1.50% (+12.63% YTD), the Dow Jones Industrial Average decreased -1.36% (+13.78% YTD), and the NASDAQ Composite Index fell -1.52% […]
Credit Suisse Liquid Alternative Beta (“LAB”) Index Down 1.07% in June
The Credit Suisse LAB Index was down 1.07% in June according to Dr. Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, “The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance […]
Hedge Fund Association and Agecroft Partners Announce Hedgeopolis New York
The Hedge Fund Association and Agecroft Partners are teaming up to create one of the top hedge fund conferences in the world. Hedgeopolis New York will be held in New York City at The Metropolitan Club on November 4, 2013. Conference speakers […]
Franklin Templeton Completes Purchase of Equity Stake In Alternatives Specialist Pelagos Capital
Franklin Resources, Inc., which operates as Franklin Templeton Investments, today announced that it has acquired the remaining 80 percent stake of alternative investments specialist Pelagos Capital Management, LLC, to become a 100 percent equity stakeholder. Franklin Templeton acquired its initial […]
Corgentum Consulting to Lead Panel at Family Office & Private Wealth Management Forum
Jason Scharfman, Managing Partner of Corgentum Consulting, will be moderating at panel at Opal Financial Group’s Family Office & Private Wealth Management Forum on July 23, 2013. The forum is part of the Private Wealth Series, bringing together family offices, […]
SS&C Appoints Timothy Reilly Senior Vice President
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced it has appointed Timothy Reilly as senior vice president of institutional outsourcing for its Institutional Services division. Mr. Reilly will leverage his extensive […]
Hedge Funds Advance with Equity Markets
Hennessee Group LLC announced today that the Hennessee Hedge Fund Index advanced +1.79% in May (+7.00% YTD), while the S&P 500 advanced +2.08% (+14.34% YTD), the Dow Jones Industrial Average increased +1.86% (+15.35% YTD), and the NASDAQ Composite Index climbed […]
Milestone Achieved with 100 Percent Distribution to Customers in Lehman Bankruptcy
James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act (SIPA), announced that additional distributions to former securities customers began today and will continue until all securities customer claims are 100 percent […]
Taxpayers To Receive $1.03 Billion From Sale Of GM Common Stock
The U.S. Department of the Treasury today announced that it has agreed to sell 30 million shares of General Motors Company (GM) common stock at $34.41 per share in an underwritten public offering in conjunction with GM’s inclusion in the […]
