Energy Risk: A good bet for 2005?February, 2005 Andrew Schneider, founder of Florida-based hedge fund database HedgeCo Networks, estimates that around 10% of hedge fund investment currently flows into commodity markets, and that this percentage is set to grow. "I think there are more opportunities right now in commodities markets than most other markets," he says. "Equities look lacklustre. This year, a lot of investors are looking for a commodity-oriented fund, .. |
CNBC: Hedge Funds For All?May 24th, 2005 As part of CNBC's week long focus on Hedge Funds, Evan Rapoport talks about Hedge Fund Investors and the tools available which will help them make informed investments. Watch Video Clip |
Hedge Fund AlertOctober, 2005 HedgeCo Networks plans to charge customers $995 per year to use its Hedgefundcalculator program, undercutting the $5,000/year charge that the West Palm Beach, Fla., firm maintains is the going rate among its rivals. The program computes quantitative statistics, converts gross returns into net figures and generates monthly data for marketing materials. It also allows fund-of-fund managers to calculate their performance. However, the program isn't as comprehensive as some other products on the market, such as Strategic Financial Solutions' PerTrac software package. But HedgeCo says that small fund operators generally can't afford such extensive programs anyway, creating a niche for Hedgefundcalculator. |
SEC acts on hedge fund popularityJuly 23th, 2004 Hedge funds aren't just for the Porsche and Rolls-Royce set anymore, a fact that's catching the eye of regulators. The SEC is concerned about growing risks as some hedge funds allow in investors with income as little as $200,000 - $300,000 for a couple - or net worth as low as $1 million. |
New SEC rule could stem hedge fund lossesMarch 14th, 2005 A rule requiring hedge fund managers to register with the SEC or state regulators is coming too late for investors who lost millions in now-closed West Palm Beach-based KL Group. But the new rule, effective next Feb. 1, will help regulators detect hedge fund problems more quickly, according to officials in the SEC's Miami office. |
NewsWeek Web Exclusive: The Ins and Outs of InvestingJune 11, 2005 Investors still dream of striking it rich in risky stocks, but in practice they're on the cusp of turning conservative. Financial reality is slowly sinking in. Next month, the oldest baby boomers reach 59 1/2--the age when they can tap a retirement account without paying a penalty. But after adjusting for inflation, the average retirement plan is only 3 percent higher than it was back in 1993..... |
Chasing AlphaNovember, 2005 In Florida, there are approximately 150 funds and a host of businesses and professionals to serve them &endash; even a business founded by two young entrepreneurs that tracks hedge funds. HedgeCo.net, a 5-year-old West Palm Beach firm founded by New Yorkers Evan Rapoport, 32, a University of Florida grad, and Andrew Schneider, 31, gathers information on hedge funds and disseminates it to investors who meet the SEC's $1.5-million minimum net worth definition of qualified investors. HedgeCo also consults for startup funds such as Levy's. |
Connecticut's Hedge EdgeOctober, 2005 Of the estimated $1.3 trillion now managed by hedge funds, more than $100 billion is handled out of offices in Greenwich and neighboring towns, according to HedgeCo.net, a Web-based consulting firm. The company estimates that no fewer than 380 hedge funds now call Connecticut home, almost quadruple the number from a decade ago. |
Hedging on the Tampa Bay areaMarch 18, 2005 TAMPA -- After 17 years of quietly establishing an investment empire, D. Scott Luttrell wants to share the wealth with others in the Bay area. Luttrell's LCM Group, an investment firm in New Tampa, founded in 1988, has opened its hedge fund to outside investors for the first time since the fund was established in 1995. |
Studios needing money seek outside investorsNovember, 2005 Consulting firm Hedgeco Networks has had six requests over the past year to start up Hollywood film funds. It had none the previous year, according to principal Evan Rappaport. |
