10 Jan 2013
Jersey Finance appoints global head of business development
Jersey Finance has appointed Richard Corrigan as global head of business development. In this new role, he will assume responsibility for…
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Hedge funds advanced 1.45 per cent in December
The Hennessee Hedge Fund Index advanced 1.45 per cent in December and is up 6.99 per cent year-to-date. The S&P 500 increased 0.71 per…
Lyxor Asset Management expands into credit management
Lyxor Asset Management is strengthening its presence in the UK and is expanding into managed credit solutions. Pierre Gil has been…
09 Jan 2013
Hedge funds post December gains as fiscal cliff is avoided
Hedge funds climbed in December as equities posted strong gains on the year’s final trading day in anticipation of the passage of…
Bridgewater Associates appoints Northern Trust for hedge fund servicing
Hedge fund manager Bridgewater Associates has appointed Northern Trust to independently replicate certain middle and back-office services…
Fiscal consolidation in Europe is an absolute requirement
Fiscal union is critical to the survival of the euro, says Michael Hasenstab (pictured), Portfolio Manager and Co-Director of the…
LME appoints user committee
The board of The London Metal Exchange has approved the creation of the LME user committee.It will represent the interests and views of the…
Hedge fund industry outperforms S&P 500 Index for second month in a row
The hedge fund industry took in a net USD4.7bn (0.3 per cent of assets) in November, reversing a USD10.3bn outflow in October, according to…
Advise wraps record year with rapid growth and expansion plans
Advise Technologies, a software solutions provider for global regulatory compliance, saw rapid growth during 2012.Advise secured…
GLG expands macro and fixed income team
GLG, the discretionary investment manager of Man Group, has made a number of senior hires to its macro and fixed income team. The…
08 Jan 2013
PAAMCO names three new partners
Pacific Alternative Asset Management Company (PAAMCO), the USD8.5bn fund of hedge funds investment firm, has appointed Jim Meehan, Scott…
Fund administration firm Tower Fund Services is launched
Tower Fund Services has launched as a new fund administration firm for alternative investment managers. The firm provides a full spectrum…
Wine index to finish 2013 14 per cent up on 2012
The Wine Investment Fund’s (TWIF) forecast for 2013 is that the main wine index, the Liv-ex 100, will finish the year 14 per cent above its…
Vistra opens offices in Spain
Vistra, a provider of corporate, trust and fund administration services, has opened offices in Madrid and Barcelona to target the growing…
Markit and CTI launch FATCA compliance service for global fund industry
Markit and Compliance Technologies International (CTI) have launched the FATCA Service Bureau, a new service designed to help financial…
