10 Dec 2012
ESMA proposals will impact EUR3bn of CTA Ucits assets, says Alix Capital
ESMA proposals limiting the use of indices by Ucits funds will require a change in investment approach for EUR3bn of CTA Ucits assets,…
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Horton Point expands into seeding and incubating emerging systematic managers
Horton Point, a systematic trading firm based in New York, is expanding into the seeding business. Originally built as proprietary trading…
Cadwalader appoints six to special counsel
Cadwalader, Wickersham & Taft, a counsellor to global financial institutions and corporations, has named associates Nathan M Bull,…
Isle of Man further consolidates tax cooperation arrangements with UK
The Isle of Man Government has confirmed that it will be adopting tax information sharing arrangements with the UK which will follow…
09 Dec 2012
ESMA publishes final guidelines on UCITS repo agreements, Saudi Arabia’s NCB Capital establishes Dublin-based UCITS platform…
Alternative UCITS funds returned 0.32 per cent in November according to Geneva-based Alix Capital, provider of the UCITS Alternative Index…
08 Dec 2012
Autumn Statement 2012 - bleak growth and fiscal outlook
With the UK’s coalition completing half of its term in government, the Chancellor was under pressure to deliver more measures to stimulate…
07 Dec 2012
Diamondback to close after investor withdrawals
Hedge fund Diamondback Capital is to close after investors asked for the return of USD520m – more than 25 per cent of the fund’s current…
NFA permanently bars Strategic Trading Associates
The National Futures Association (NFA) has permanently barred Strategic Trading Associates, a New York-based commodity trading adviser, and…
Dow Jones Credit Suisse Core Hedge Fund Index up 0.33 per cent in November
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.33 per cent in November as six of the seven index component strategies…
06 Dec 2012
Industry consolidation and increased regulation top concerns for hedge fund managers, Emerging Markets hedge fund numbers and total invested capital reach record levels…
Asian ex-Japan hedge funds returned an estimated 1.28 per cent in November according to Eurekahedge, to leave in a reasonably satisfying…
KPMG boosts alternative investment funds practice
KPMG, the US audit, tax and advisory firm, is adding several new hires to its alternative investment funds (AIF) practice's national team…
BVI to introduce new investment manager licence for smaller hedge funds
The British Virgin Islands Financial Services Commission (FSC), the jurisdiction’s financial regulator, has published guidelines for a new…
Orangefield Group acquires Columbus Avenue
Orangefield Group, a provider of administration, management and trust services, has acquired hedge fund administrator Columbus Avenue…
Funds of hedge funds must adapt business model to remain competitive, says SEI study
There are signs of optimism for funds of hedge funds as both investors and managers see the model as resilient and relevant to the…
05 Dec 2012
Credit Suisse LAB index down 0.24 per cent in November
The Credit Suisse Liquid Alternative Beta Index was down 0.24 per cent in November, according to Jordan Drachman, head of alternative beta…
