22 Jan 2009
BlackRock assets under management slip to USD1.3trn as earnings slide
BlackRock, the world's largest independent asset manager, has reported asset under management of USD1.31trn at the end of December, and…
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Guernsey's Praxis acquires Investec Administration Services
Praxis Fund Services in Guernsey has announced it has signed an initial agreement to purchase Investec Administration…
Independent fund administration "key to rebuilding investor trust"
Independent fund administration is key to rebuilding investor trust, confidence and new business for hedge funds worldwide, according to…
70 per cent of hedge funds lost money in 2008, says Barclayhedge
Hedge funds lost a record 21.44 per cent in 2008, according to the Barclay Hedge Fund Index compiled by BarclayHedge.Hedge funds lost a…
First market-neutral Ucits III fund launched in the commodity space
Deutsche Bank has announced the launch of the Ucits III-compliant DB Platinum Commodity Harvest fund, which will be publicly available in…
Quantum UK Absolute Income Fund reports 17.4 per cent return
The Quantum UK Absolute Income Fund, launched in November 2005, has recorded a total return of 17.4 per cent over the past three years - 21…
S&P launches indices to reflect performance of US credit default swap market
Standard & Poor's Index Services has announced the launch of the S&P CDS US Indices, which are designed to measure the performance…
Comment: Where on earth is private equity?
Not so long ago, private equity players dominated the headlines of the financial media with their multi-billion buy-outs of the world's…
Australia's Pengana Capital opens office in Singapore
Sydney-based diversified fund manager Pengana Capital has announced an expansion into Asia, with the opening of an office in Singapore and…
21 Jan 2009
Laven Global Systematic Fund announces gains
Laven Partners says that from its launch in May 2008 up to the end of December, the Laven Global Systematic Fund USD share class returned…
Tabb Group sees rise of new trade execution tools for portfolio strategies
Transaction costs can significantly diminish the returns of even the best investments, prompting the emergence of a new breed of tools…
Eurex and Clearstream launch new basket to GC Pooling market
Deutsche Börse subsidiaries Eurex and Clearstream have launched a new collateral basket, EXTended Basket, on the GC Pooling market, Eurex…
Polar Capital sees assets fall 22 per cent since March
Polar Capital Holdings, the specialist asset management group, says that as at 31 December 2008 group assets under management have fallen…
20 Jan 2009
Culross Global Management launches notes investing in fund of hedge funds portfolios
Culross Global Management has announced the launch of the Nomura Culross Alpha Note, issued by Nomura International and denominated in…
Constellation Energy to sell the majority of its international commodities business
Constellation Energy has announced it has agreed to divest the majority of its London-based international commodities business, including…