Tag Archives: palm-beach


Hedge Fund Manager to head up River & Mercantile Fund Launch

West Palm Beach (HedgeCo.net) – UK fund manager, River & Mercantile, is launching an Equity Income Fund with the aim to invest in the best ideas generated by their UK team. Hedge fund manager Richard Staveley is taking the lead […]

Tuckerbrook to Provide Daily Transparency for Hedge Fund Clients

West Palm Beach (HedgeCo.net) – In the wake of the Madoff scandal, Tuckerbrook Alternative Investments is offering its hedge fund investors the daily market value of assets in their capital accounts. "In light of the impact 2008 is having on […]

Hedge Fund Manager to Appear in Court

West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]

Eze Castle & Reuters Sponsor Obama Hedge Fund Strategy Panel

West Palm Beach (HedgeCo.net) – Hedge fund tech. provider Eze Castle Integration and Thomson Reuters are sponsoring a panel to discuss hedge fund strategies and regulatory considerations for the Obama administration, the ‘Obama Administration & Hedge Fund Strategies panel’. Hedge […]

Deephaven’s Hedge Fund Bought by Stark Investments

West Palm Beach (HedgeCo.net) – Deephaven Capital Management signed a deal on Tuesday to sell the assets of its flagship hedge fund, Knight Capital Group Inc., to Stark Investments. The founders, Brian Stark and Mike Roth, will give Deephaven investors […]

FX Trading Grows 250% as Investors Look For Alternative to Hedge Fund Trading

West Palm Beach (HedgeCo.net) – Deutsche Bank’s foreign exchange (FX) trading platform, dbFX.com, reported a surge in customer numbers in 2008 as FX grew as an asset class of choice for investors amid the financial crisis. The trading platform saw […]

Eurekahedge Forecasts More Hedge Fund Launches in 2009

West Palm Beach (HedgeCo.net) – Hedge funds returned a healthy 1% in January, wrapping up a tumultuous 2008 at -12.3%, according to Eurekahedge. Hedge fund assets fell $380 billion or 20% in 2008, from just under $1.9 trillion to just […]

Fidelity Launches Indian Fund of Hedge Funds

West Palm Beach (HedgeCo.net) – Fidelity International is launching the Fidelity Wealth Builder Fund through it’s Indian asset management arm, the new fund is an open ended fund of funds scheme offering asset allocation options with three plans. The investment […]

Morningstar Reviews 2008’s Losses and Gains

West Palm Beach (HedgeCo.net) – In their summary of hedge fund performance for the fourth quarter and full year of 2008, Morningstar reported that 2008’s low returns wiped out the last two years gains. Investors lost their appetite for hedge […]

Novices Given $1 Million to Start a Hedge Fund on TV

West Palm Beach (HedgeCo.net) – Avanta is making its UK television debut with Million Dollar Traders on BBC2. Aired for 3 weeks in January, the series will play out at Avanta’s Austin Friars business centre in London. The program gives […]

Another Florida Ponzi-Scheme?

New York (HedgeCo.Net) – Investors in South Florida are fearing the worst, with all eyes turned to Michael Riolo, a Boca Raton resident who may have bilked over $50 million out of investors. Riolo regularly distributed performance reports to his […]

GLG Partners Adds Pendragon Hedge Fund Managers

West Palm Beach (HedgeCo.net) – Global alternative asset manager, GLG Partners LP, is teaming up with two of the founding partners of London hedge fund Pendragon Capital, Kaveh Sheibani and Julian Harvey Wood, to focus on event driven strategies. In […]