11 Jan 2010
Swiss Capital appoints BNY Mellon for custody services
BNY Mellon Alternative Investment Services has been appointed by Swiss Capital Alternative Investments to provide fund administration and…
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Exchange-traded product market to grow 20 per cent in 2010
The US and European exchange-traded product market is expected to grow by 20 per cent in 2010, crossing the USD1.2trn assets under…
2010 starts on a positive note
The five daily trailing TSI Worldwide Index through 7 January was a somewhat bullish 52.78, with North America a stronger 54.80 and the UK…
US futures industry set for renewed growth
The US futures industry is set to rebound in 2010 after trading volume suffered its first decline since 1995, according to a study by Tabb…
Managed Funds Association to collect industry data
The Managed Funds Association is planning to gather information from hedge funds, funds of funds and managed futures funds for use in its…
Bluenose to launch onshore version of flagship fund
British Virgin Islands-based investment manager Bluenose Capital Management is on schedule to launch the onshore version of its flagship…
Barclay BTOP FX Index components chosen for 2010
BarclayHedge has revealed the names of the 12 currency programmes that will comprise the Barclay BTOP FX Index for the year 2010.Launched…
Veritas opens Ucits III global hedge fund to investors
Veritas Asset Management is making its global hedge fund available to retail and institutional investors for the first time. The GBP30m…
GLG MMI appoints BNY Mellon for fund administration
BNY Mellon has been appointed by GLG MMI, the fund of hedge fund division at GLG Partners, as custodian and fund administrator for its…
Comment: Hedge funds in the firing line as insider trading storm grows
Charges are stacking up against Raj Rajaratnam, founder of the Galleon hedge fund group who is accused of making at least USD36m in profits…
10 Jan 2010
European derivatives trading volumes up 40.8 per cent
NYSE Euronext’s trading volumes in December 2009 were mixed, with European derivatives volumes increasing 40.8 per cent and US options…
Hedge funds gain 24.6 per cent in 2009
The Hennessee Hedge Fund Index gained 24.6 per cent in 2009, according to data from Hennessee Group.The S&P 500 advanced 24.7 per cent,…
Benchmark chooses Prime Fund Solutions as fund administrator
Benchmark (USA), an alternative investment manager with over USD1.7bn in assets under management, has retained Prime Fund Solutions, an…
Independent firms will shape 2010 asset management M&A
M&A in the global asset management industry in 2009 was dominated by mega-deals, with a record nine transactions announced involving…
08 Jan 2010
Carne Global chosen by Merchant Capital for Ucits directorships
Carne Global Financial Services, an adviser to the traditional, alternative investment and wealth management industries, has been appointed…