11 Oct 2009
Nasdaq OMX and EMCF launch CCP in the Nordics
Nasdaq OMX Nordic and European Multilateral Clearing Facility have launched a full central counterparty clearing service on the Nasdaq OMX…
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Hedge funds increase 3.18 per cent in September
The Hennessee Hedge Fund Index advanced 3.18 per cent in September and is up 20.89 per cent year-to-date, according to Hennessee Group.The…
Credit Suisse/Tremont index to finish up 2.67 per cent in September
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 2.67 per cent in September, driven by a boost in market…
09 Oct 2009
Convergex to acquire Cogent Consulting
Convergex, a provider of investment and execution technologies to institutional clients, has signed a definitive agreement to acquire the…
Absolute Return selects Quintillion for NEAS Power Fund
Quintillion fund administration has been appointed by Absolute Return Partners to provide administration services to its NEAS Power Fund…
08 Oct 2009
Syz & Co adds four sub-funds to Oyster family
The Swiss banking group Syz & Co has added four sub-funds to its Oyster fund family and has established a second experimental Sicav to…
Hedge funds’ AUM to total USD1.5trn in 2010, says Tabb
Hedge funds’ assets under management will total USD1.5trn in 2010, according to a report by Tabb Group.The report says the prime brokerage…
Galena Asset Management soft closes flagship Galena Fund
Galena Asset Management has officially soft closed its flagship Galena Fund. Existing and prospective clients are no longer able to…
07 Oct 2009
Sixth annual Hedge Fund Rocktoberfest to be held on 8 August
A Leg To Stand On, a New York based charity which helps disabled children in developing countries by providing corrective surgeries and…
Vale Inco is first minor metals brand listed on London Metal Exchange
The London Metal Exchange has listed its first minor metals brand – Vale Inco Electrolytic Cobalt Rounds from Canadian producer Vale Inco –…
Hedge funds gain ground in August as stock markets edge upward
After flying high in July as global markets traded in a consolidation mode, the Credit Suisse/Tremont Broad Hedge Fund Index eased in…
Equinoxe AIS expands Irish operation
Equinoxe Alternative Investment Services, a provider of administration services to the hedge fund industry, is to expand its Irish…
06 Oct 2009
FRM Capital Advisors seeds its first Asia focused hedge fund
FRM Capital Advisors, the seeding division of Financial Risk Management, has entered its first strategic relationship with an Asian hedge…
Yorkville provides SGD10m equity line facility to Advanced Integrated Manufacturing
Yorkville Advisors, the US based investment manager to a family of funds, has executed a SGD10m equity line facility with Advanced…
Increase in redemption requests threatens viability of hedge funds
An increase in client redemption requests is threatening the viability of even the most well-managed hedge funds, according to a white…