22 Jun 2009
The Citco Banks expand activities to Canada
The Citco Banks, providers of custody and fund trading for financial institutions and fund of funds, have opened a new subsidiary, Citco…
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Offshore law firms Appleby and Dickinson Cruickshank to merge
Offshore legal, fiduciary and administration service provider Appleby is merging with Dickinson Cruickshank, the largest law firm in the…
Alpha generating strategies boost Macquarie fund in May
The MQ Asia Long Short Fund was up 4.26 per cent in May, driven by alpha generation as the fund's correlation to the MSCI Asia Pacific…
21 Jun 2009
Service providers see Guernsey bouncing back from downturn
The impact of the global financial and economic downturn on the alternative fund industry is starkly illustrated by a significant decline…
19 Jun 2009
Eurex to launch Italian government bond future
The international derivatives exchange Eurex will introduce a future based on notional long-term debt instruments issued by the Republic of…
Morningstar 1000 Hedge Fund Index posts largest increase since inception
The Morningstar 1000 Hedge Fund Index posted its largest monthly increase in May since its January 2003 inception, rising 6.7 per cent for…
Short-term constraints less costly than lack of risk management strategies
It is not so much the presence of funding ratio constraints that is costly for pension funds as their reluctance to implement optimal…
Stock market volatility passes below 30 per cent mark
Stock market volatility dropped for a fourth consecutive month in May to 28.92 per cent, according to Edhec Business School. Stock market…
Pegrum and Marriage to launch absolute fund
Following the successful launch of the Cazenove UK Absolute Target Fund, which has raised GBP245m since launch (July 2008), Cazenove…
Secondary market research reveals deep links between hedge fund and closed-end mutual fund industries
Investor behaviour in the hedge fund market can be better analysed by drawing on insight from the closed-end mutual fund market, according…
Comment: Europe strikes a blow for funds' freedom
The European Union is not in wildly good odour with the continent's fund industry at the moment.The European Union is not in wildly good…
18 Jun 2009
BGC Partners completes acquisition of Liquidez
BGC Partners, an inter-dealer broker of financial instruments, has completed its acquisition of Liquidez DTVM, a Brazilian inter-dealer…
Ubuntu-Botho acquires stake in Blue Ink Investments
Ubuntu-Botho Investment Holdings has acquired a 25 per cent stake in Blue Ink Investments, a South African fund of hedge fund manager.…
NYSE Euronext and DTCC to create clearing joint venture
NYSE Euronext and The Depository Trust & Clearing Corporation have agreed to create a joint venture for clearing US fixed income…
HFA applauds Obama regulatory efforts but urges caution on AUM threshold
The Hedge Fund Association has applauded the Obama Administration and Congress for their efforts in financial system reform, but says new…