10 Nov 2009
Hedge funds fall for first time in seven months
The Hennessee Hedge Fund Index declined 0.50 per cent in October, bringing its year-to-date performance to +20.12 per cent, according to…
More
Tora Compass and Tradar Insight complete integration
Tora, a technology, trading and liquidity provider for Asia, and Tradar, a supplier of portfolio management and accounting solutions to the…
HFA’s Speak Up campaign gains traction on Capitol Hill
The Hedge Fund Association has made progress on its Speak Up campaign, which seeks to ensure that regulation of the hedge fund industry…
Equity long/short portfolios continue to grow, says report
Although investment managers have relatively few assets in equity long and short investment portfolios, this segment of the market…
Life settlements “bear no resemblance to sub-prime disasters”
Alarmist calls by some US commentators that the securitisation of life settlements could turn into the next sub-prime disaster were…
BNY Mellon awarded fund administration mandate by Tribridge
BNY Mellon’s alternative investment services business has been selected by Tribridge Investment Partners as fund administrator for its new…
09 Nov 2009
Maples increases share of Irish funds market
International law firm Maples and Calder says it is the only law firm in Ireland to increase its market share ranking as legal adviser to…
Survey reveals big changes in fund governance and administration
The global downturn has forced hedge fund managers to respond swiftly and radically to the demands of investors, according to a survey…
Dow Jones suspends publication of equity market neutral benchmark
Dow Jones Hedge Fund Indexes has temporarily suspended publication of the Dow Jones Hedge Fund Equity Market Neutral Strategy Benchmark…
Fortress makes USD190m GAAP net loss in third quarter
Fortress Investment Group made a GAAP net loss of USD190m for the quarter ended 30 September 2009.The GAAP net loss attributable to class A…
Blackstone reports GAAP net loss of USD176m in Q3
The Blackstone Group made a GAAP net loss of USD176m for the third quarter of 2009, compared to a GAAP net loss of USD340m for the third…
Hedge funds extend gains following upbeat economic data
Hedge funds consolidated their upward trend in September as the Credit Suisse/Tremont Broad Hedge Fund Index returned a solid 3.04 per cent…
CAIA launches Hong Kong branch after growing membership
The Chartered Alternative Investment Analyst Association, an independent, not-for-profit international organisation, has launched CAIA Hong…
Financial services most active in US and Asia
Credit default swap markets moved modestly wider over the past month, as tightening momentum over the previous six months began to…
08 Nov 2009
Arendt & Medernach opens office in Hong Kong
Arendt & Medernach, the largest law firm in Luxembourg, has opened a new office in Hong Kong following similar expansions in Brussels,…
