03 Mar 2009
NYSE Amex options unveils new trading floor
NYSE Euronext has announced that NYSE Amex options, one of the company's two US options exchanges, has completed its transition to the new,…
More
UK funds under management down 18 per cent, says IMA
Funds under management of UK domiciled investment funds were GBP354.2bn in January 2009, 18 per cent lower than January 2008 and two per…
02 Mar 2009
Liongate Commodities Fund opened to external investors
Fund of hedge funds manager Liongate Capital Management has announced the opening of the Liongate Commodities Fund, which completed a first…
Carne Global opens in Dubai to meet wealth management demand
Carne Global Financial Services, an independent business adviser to the hedge fund, traditional fund and wealth management industries, has…
Comment: BBVA takes big step by exiting hedge fund business
Spanish banking giant BBVA announced last week that it had decided to pull out of the hedge fund market, shutting domestic hedge fund…
Non-executive directors under scrutiny as fund managers seek new fee structures
Non-executive directors of funds can be found personally liable for investor losses if they approve new and complex fee structures for fund…
27 Feb 2009
Blackstone Group reports lower revenues for 2008
The Blackstone Group says adverse global market and economic conditions led to lower revenues and a loss for the fourth quarter and full…
Fidessa opens Asia-Pacific headquarters in Hong Kong
Fidessa group, a provider of trading, portfolio management, compliance and global connectivity solutions for financial markets…
Institutional investors "rethink strategy in wake of 2008 losses"
The typical US institutional investment manager experienced a 31 per cent reduction in portfolio asset values in 2008 with a suddenness…
26 Feb 2009
Hedge funds "held their own in January"
The Morningstar 1000 Hedge Fund Index declined only 1.2 per cent in January, while the currency-hedged Morningstar with MSCI Hedge Fund…
Aima to engage policymakers at European Commission hedge fund conference
Hedge fund industry body the Alternative Investment Management Association will take part in a high-level conference on private equity and…
Survival of the fittest and new strategic direction in 2009
Lackluster performance and a change in the perception of the industry are making survival difficult for many Latin America hedge funds, at…
Amid economic turmoil, Latin American still shines
Little more than a year ago, hedge funds in Latin America were riding a boom that made the region one of the most sought-after investment…
Latam offers hope in distressed times
There is an increasing uncertainty for hedge funds investing in traditional geographies due to the ongoing financial crisis, which has…
Offshore structures gather momentum
The funds business in Latin America is a high-growth area with many foreign entities taking a keen interest in opportunities available in…
