10 Aug 2010
Hedge funds post outflow of USD3.7bn in June 2010
The hedge fund industry posted an estimated outflow of USD3.7bn, or 0.2 per cent of assets, in June 2010, following an inflow of USD4.9bn…
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Houlihan Lokey acquires Red Pine Advisors
Investment bank Houlihan Lokey has acquired Red Pine Advisors, a New York-based financial advisory firm that specialises in the valuation…
Dow Jones Credit Suisse Hedge Fund Index up by an estimated 1.67 per cent
Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index will post positive performance of 1.67 per cent in July. This brings…
US equity markets experience best month in a year in July
The Hennessee Long/Short Equity Index advanced 1.81 per cent in July after the US equity markets experienced their best month in a year on…
09 Aug 2010
Investors seek their bearings in fast-changing US fixed income markets
The stampede of investors and dealers into highly liquid rates products during and in the immediate aftermath of the global credit crisis…
GLG makes net loss of USD74.6m in quarter two
GLG Partners has reported a GAAP net loss attributable to common stockholders for the quarter ended 30 June 2010 of USD74.6m, or USD0.32…
Carrousel Capital launches Centrix IX global macro/market neutral fund
Carrousel Capital, the closed end fund arbitrageur run by Bruno Sangle-Ferriere, has celebrated its tenth anniversary this week with the…
Alps adds five mutual fund clients in second quarter
Alps Fund Services, a provider of asset servicing to the investment management industry, added five new mutual fund clients in the second…
Hedge funds return to positive territory in July
Hedge funds returned to positive territory in July, with the HFRI Fund Weighted Composite Index gaining 1.82 per cent, according to Hedge…
Hedge funds advance 1.90 per cent in July
The Hennessee Hedge Fund Index advanced 1.90 per cent in July, bringing its year-to-date performance to 1.87 per cent.This follows a…
08 Aug 2010
Hedge fund industry to face extensive regulation in years ahead, says KPMG
A regeneration of the capital markets enabled a relatively successful 2009 for the hedge fund industry, research by KPMG shows. However, in…
Societe Generale reports group net income of EUR1.08bn in Q2
Societe Generale recorded group net income of EUR1.08bn in quarter two 2010 and EUR2.15bn in the first half of 2010.Group revenues rose by…
06 Aug 2010
Cayman Finance rejects claims that low tax jurisdictions hurt US economy
The financial services industry in the Cayman Islands has rejected claims by a US business group that low or no-tax jurisdictions hurt the…
Asset management activity growing in Guernsey, say industry members
The move by BlueCrest Capital Management, one of Europe’s largest hedge fund managers, to shift its headquarters from London to Guernsey…
Insights into Investment Strategies and Engines of Global Growth at CISX International Business Summit
Make sure you stay ahead of the game by attending the CISX International Business Summit where you can pose your questions to industry…