08 Nov 2010
Gartmore launches strategic review as Roger Guy announces retirement
Gartmore has appointed Goldman Sachs to conduct an “assessment and evaluation of the strategic options for the Company”, which may include…
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Cayman on track to register 1,200 hedge funds in 2010
Offshore hedge fund jurisdiction Cayman Islands expects to register 1,200 new open-ended funds in 2010. This is the same figure as in 2009,…
Maitland reaches USD100bn assets under administration
Maitland, a fund administrator, has reached USD100bn of assets under administration. This follows a contract with South Africa’s largest…
IAM favours long/short equity managers focused on emerging markets
Fund of hedge funds manager International Asset Management says it continues to favour the opportunity set for long/short equity managers…
GlobeOp completes Type II exam for fund administration controls
GlobeOp Financial Services has completed a Type ll independent examination of its middle, back office and fund administration controls and…
Hedge funds post second consecutive month of gains in October
Hedge funds posted the second consecutive month of gains in October, as equity markets continued their broad advance on improving prospects…
Hedge funds advance 1.9 per cent in October
The Hennessee Hedge Fund Index advanced 1.9 per cent in October and is up 6.6 per cent year-to-date. The S&P 500 advanced 3.7 per cent…
07 Nov 2010
Solid gains for Dutch hedge funds in September
Dutch hedge funds posted an average gain of 2.2 per cent in September, as measured by the Finles/IEX Dutch hedge fund index.This is the…
Year-end bonuses to climb by five per cent, report suggests
Although average 2010 base salaries for investment professionals and traders were essentially flat from 2009 levels, year-end bonuses are…
Maples strengthens share of Irish funds market
Law firm Maples and Calder says it has increased its market share in the investment funds arena in Ireland over the past two years. Maples…
BNY Mellon number one fund administrator in Ireland for third year
BNY Mellon, a provider of asset management and securities servicing, has maintained its position as the number one fund administrator in…
05 Nov 2010
Wells Fargo launches fund services product line
Wells Fargo Bank has launched a fund services product line within its corporate trust services business to address customers' fund…
04 Nov 2010
Enhanced parameter estimates can improve hedge fund portfolios, says Edhec
The use of these enhanced parameter estimates generates a significant improvement for investors in hedge funds, according to a study by…
Man’s funds under management rise five per cent
Man Group’s funds under management for the six month period to 30 September 2010 totalled USD40.5bn. This was up five per cent from the 30…
Hedge funds give best monthly performance since May 2009
Hedge funds posted in September their best result in 16 months, returning 4.05 per cent overall, according to the Lipper Hedge Fund…
