11 Jan 2011
EDHEC report suggests remedy for overstated performance of non-investable hedge fund indices
The biases that inflate the performance of hedge funds have been well documented in the financial literature. Survivorship bias, which…
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Hedge funds up 3.04 per cent in December
The Hennessee Hedge Fund Index advanced 3.04% in December (+10.05% YTD), while the S&P 500 increased 6.53% (+12.79% YTD), the Dow Jones…
Hedge funds post Inflows of USD13.0bn in November
The hedge fund industry posted an estimated inflow of USD13.0 billion (0.8% of assets) in November 2010, the fifth straight inflow as well…
Commodity bull run set for another five years, says Dighton
The bull run in commodities is set to continue for at least another five years, offering long-only investors better growth potential than…
LCH.Clearnet and Chi-X Europe launch clearing for equity CFDs
LCH.Clearnet and Chi-X Europe will this week launch the world’s first contract-for-difference (CFD) clearing service for institutional…
Investment management profitability grew strongly in Q4 2010
Despite an increase in average costs, a unanimous rise in business volumes and a robust increase in fee, commission & premium income…
10 Jan 2011
Eurex increases attractiveness of its Trader Development Program in 2011
International derivatives exchange Eurex will offer its Trader Development Program in 2011 in response to high customer demand. Now…
Shanks and Forex Auto Profit fined more than USD2.9m over fraudulent foreign currency scheme
The US Commodity Futures Trading Commission (CFTC) has filed and simultaneously settled charges against Forex Auto Profits, LLC (FAP) and…
Comment: US Large Caps significantly undervalued
Bill Miller (pictured), Chairman and CIO of Legg Mason affiliate Legg Mason Capital Management, believes US large cap equities are…
Amicorp Fund Services opens Malta office
Independent fund administrator Amicorp Fund Services has expanded its global footprint by opening a fully fledged office in Malta. The…
09 Jan 2011
Lyxor Hedge Fund Index up 2.25% in December 2010
The Lyxor Hedge Fund Index was up 2.25% in December, with year-to-date performance as of December 2010 up 5.82%.The top performing…
FrontPoint-SJC Direct Lending Fund closes with commitments exceeding USD1bn
The FrontPoint-SJC Direct Lending Fund (FSJC) has held its final close with total commitments of more than USD1 billion. The fund's…
07 Jan 2011
Diva Synergy Fund gains over 27% in 2010
Paris-based M&A investment manager, Bernheim, Dreyfus, has reported continuing strong performance for its flagship Diva Synergy…
06 Jan 2011
SEI expands middle-office services
SEI has extended its array of middle-office services by enhancing its asset pricing and valuation validation solution for investment…
Turcan Connell launches Gift Aid app
Turcan Connell, a Scottish firm of solicitors and asset managers, has launched an app that allows users to calculate how much Gift Aid…
