20 Jan 2009
Northern Lights takes minority stake in equity asset manager Seizert Capital
Northern Lights Ventures has acquired an equity stake in Michigan-based investment management firm Seizert Capital Partners. While the…
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SVM plans absolute return fund to address market and economic uncertainty
SVM Asset Management, the Edinburgh based independent fund management group, believes that the 2009 stock market environment could continue…
19 Jan 2009
Standard & Poor's launches valuation scenario services
Financial market information provider Standard & Poor's has announced the launch of valuation scenario services for structured asset…
UBS Investment Bank to acquire commodity index business of AIG Financial Products
The equities business of UBS Investment Bank has announced a binding agreement to purchase the commodity index business of AIG Financial…
Scotia Capital Canadian hedge fund index outperforms Toronto market
The Scotia Capital Canadian Hedge Fund Performance Index finished December up 1.81 per cent on an asset-weighted basis but down 0.25 per…
Punter Southall and Fortune Asset Management create hedge fund services partnership
Punter Southall Group and Fortune Asset Management have established a partnership in the provision of hedge fund advisory services.Punter…
Partners Group reports assets under management stable at CHF24.4bn at year-end
Swiss-based alternative asset manager Partners Group has announced that the funds raised for 2008 amount to CHF6.2bn, thereby exceeding the…
Sun Hung Kai targets financial sector with Paulson-managed recovery fund
Hong Kong-based Sun Hung Kai Financial is seeking to identify investment opportunities within distressed global financial companies with…
16 Jan 2009
FSA lifts ban on short selling of UK financial stocks
The Financial Services Authority has followed through on its announcement earlier this month that it would not renew its ban on the short…
EIP announces strong year end results and appoints trader
Hong Kong-based asset management firm Enhanced Investment Products says year end results show the EIP Overlay fund is up 17.31 per cent, in…
Global investors maintain cautious stance as deleveraging process continues, says C.P. Eaton
North American limited partners remain attracted to real assets, European markets offer huge opportunities to well-capitalised investors…
Nyfix Euro Millennium volumes increase more than 500 per cent in December
Nyfix, a provider of solutions designed to optimise trading efficiency, has reported that 251 million shares valued at more than EUR1bn…
Hedge funds outflows take assets below USD1bn, say TrimTabs and BarclayHedge
The hedge fund industry posted a record estimated outflow of USD148.5bn in December, easily surpassing the previous record estimated at…
F&C systematic European long/short trading fund returns nearly 20 per cent in first year
F&C says its Zircon Fund returned 19.07 per cent with an annualised daily volatility of 10.26 per cent in its first year. F&C says…
15 Jan 2009
Aladdin Capital to reduce CLO and CDO headcount in restructuring
Connecticut-based Aladdin Capital Holdings has announced the first steps in its global restructuring plans.The plans involve seeking to…
