17 May 2010
Acquisition of GLG is Man's biggest deal to date
Man Group has agreed to acquire GLG Partners for USD1.9bn in an all cash transaction.The deal is the largest acquisition by Man Group to…
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Meager incentives mar growth prospects for Japan fund managers
Japan’s fund management sector needs to develop attractive products focused on fast-growing Asian economies and shift to a more…
Sabre to launch Ucits III version of Sabre Style
Sabre Fund Management is to launch a Ucits III fund, with daily liquidity, to allow access to the returns of its equity market neutral…
Lyxor Hedge Fund Index rises by 0.92 per cent in April
The Lyxor Hedge Fund Index was up 0.92 per cent in April.The top performing strategies over the month were fixed income arbitrage (up 3.02…
RBC Hedge 250 Index up 0.90 per cent in April
The RBC Hedge 250 Index had an estimated net return of 0.90 per cent in April, bringing the year-to-date return of the index to 2.81 per…
Ucits version of Tosca Mid Cap fund is launched
Deutsche Bank has partnered with Toscafund to launch a Ucits III version of the Tosca Mid Cap fund.The fund, launched on Deutsche Bank’s…
Man Group to acquire GLG
British hedge fund firm Man Group is to acquire rival GLG Partners in a deal worth GBP1.1bn (USD1.6bn).Following the conclusion of the…
Finisterre targets emerging market corporate credit
Finisterre Capital, an emerging markets total return specialist, is changing the name and liquidity terms of the Finisterre Special…
US hedge fund equity commission to hit USD4bn
US hedge fund equity commission revenue is expected to grow by nine per cent in 2010, rising to USD4 billion, according to the latest…
16 May 2010
News from Bowne: Are you keeping up with your regulatory obligations?
Keep up with regulatory obligations using Bowne ComplianceTrak, an integrated tracking, monitoring and reporting system specifically…
Standard & Poor's to provide valuations for GlobeOp
S&P Valuation and Risk Strategies, a business unit within Standard & Poor's, has been selected to provide independent valuations…
Volatility back with a vengeance, says Australian Fund Monitors
Markets have seemingly turned back the clock over the last month, with a return to volatility not seen since the global financial crisis, a…
Side pockets revive major fund
Law firm Carey Olsen says restructuring work carried out by its corporate team in Jersey has revived the fortunes of Close Global Funds,…
Hedge funds gain 1.31 per cent in April
Hedge funds gained 1.31 per cent in April, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index has gained 4.58…
14 May 2010
Schroders adds second fund to GAIA Ucits platform
Schroders has launched a second fund on its Global Alternative Investor Access platform, a regulated platform for Ucits funds designed to…