27 Jun 2007
Mauritius investment frees up Standard Bank's Jersey staff for alternatives administration
Standard Bank is making significant investments in its infrastructure to enable it to further expand its funds services both in Jersey and…
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Nexum appoints Citi for all-in-one service of Luxembourg-domiciled hedge fund
Citi has been appointed by Nexum to service its Luxembourg-domiciled hedge fund, acting as fund administrator, transfer agent and…
BlackRock to acquire USD1.7bn fund of funds business from Quellos Group
US asset manager BlackRock, which earlier this month announced plans to invest in alternative managers, has agreed to acquire the fund of…
Third tranche of Hedge ETS brings fund assets to USD328m
New Star Asset Management has announced that following the close of a third public offering, the total size of Hedge ETS, which provides…
26 Jun 2007
GLG Partners to obtain US listing through reverse acquisition
GLG Partners, Europe's third largest hedge fund manager with more than 40 funds and USD20bn in assets under management, has announced plans…
Absolute return funds suffer "absolute washout" in 2006, says S&P
Absolute return funds, retail investment vehicles that take advantage of the European Ucits III funds legislation to use derivatives and…
"Hospital insurance for portfolios" - 36 South Black Swan Fund to launch in August
36 South Investment Managers Limited, a 'tail risk' hedge fund manager, is preparing to launch the 36 South Black Swan Fund in August.36…
25 Jun 2007
London Stock Exchange seals GBP1.1bn merger with Borsa Italiana
The London Stock Exchange, which over the past three years has seen off overtures from OMX, Deutsche Börse and Nasdaq, has joined the…
22 Jun 2007
Comment: Timing investments by the fund life cycle
Shoham Cohen, co-founder of Singapore-based hedge fund service provider ESC Financial Services, says that while many professionals and…
Hedgemedia's AltInvestment Global News Round-Up: Beleaguered Bear Stearns funds face uncertain future
The future of two credit funds run by Bear Stearns remains murky following the reported seizure of USD800m of assets to auction off by…
Hedge funds attract USD100bn in inflows in year to March, says report
Net inflows into hedge funds totalled USD20.7bn during the first quarter of 2007, and with a performance gain of USD49.9bn resulted in net…
Lehman Brothers acquires stake in Integrated Asset Management
Lehman Brothers has acquired a 9.4 per cent stake in London-based fund of hedge funds manager Integrated Asset Management through a second…
Hedge fund seminar highlights new focus on permanent capital
The alternative investment industry, including both hedge funds and private equity, is undergoing a shift in ownership structure as…
Buoyant markets and buyouts boost hedge fund returns in May
The hedge fund industry continued to enjoy strong returns in May, according to leading index providers, with strong equity market…
21 Jun 2007
Citadel Solutions receives fund administration licence in Bermuda
Chicago-based hedge fund manager Citadel Investment Group has taken a further step toward its ambition of becoming a leading hedge fund…