11 Jul 2012
Abacus Group launches StorageBurst
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has launched StorageBurst, an on-demand service…
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European funds see redemptions of EUR3.6bn in May
The European funds industry suffered redemptions of EUR3.6bn in May, reducing the total for net sales over the year-to-date to EUR108.8bn,…
Hatteras launches Alpha Hedged Strategies Variable Fund
Hatteras Funds, a boutique alternative investment provider, has launched a variable trust fund, the Hatteras Alpha Hedged Strategies…
Hedge funds take in lacklustre USD852m in May 2012
The hedge fund industry took in a lacklustre USD852m (0.05 per cent of assets) in May, but that was an improvement over April’s net…
Hedge funds advanced 0.06 per cent in June, says Hennessee
The Hennessee Hedge Fund Index increased 0.06 per cent in June and is up 2.10 per cent year-to-date, according to the Hennessee Group. In…
CFTC files complaint against Peregrine Financial Group
The US Commodity Futures Trading Commission (CFTC) has filed a complaint against Peregrine Financial Group Inc (PFG), a registered futures…
KPMG and Carey Olsen act on insurance-linked LSE main market listing
KPMG and Carey Olsen have advised Dexion Capital (Guernsey) on the launch of DCG IRIS, a new Guernsey-domiciled, closed-ended investment…
SEC approves rules and interpretations on key terms for regulating derivatives
The Securities and Exchange Commission has taken another step toward regulating the over-the-counter derivatives market by unanimously…
10 Jul 2012
Hedge funds post narrow June gain to close H1 up 1.7 per cent
Hedge funds posted a narrow gain last month to conclude the first half of the year up 1.7 per cent. The HFRI Fund Weighted Composite Index…
Mihailovich, Sr. and Growth Capital Management to pay USD9.3m in anti-fraud action
The US Commodity Futures Trading Commission has obtained an order of permanent injunction against defendants Robert Mihailovich, Sr. of…
Equinix offers connectivity to BATS’ secondary data facility in Chicago
Equinix, a provider of global data centre services, will offer its customers connectivity to BATS Global Markets’ secondary data centre…
Top 100 alternative investment managers exceed USD3trn AUM
Assets managed by the top 100 alternative investment managers globally now exceed USD3trn, according to research produced by professional…
Private banks are not sovereign liabilities
The decision made by the rating agency Moody’s to downgrade the credit ratings of a string of global banks was greeted inevitably when…
AIMA publishes paper on social and economic value of hedge fund industry
The Alternative Investment Management Association has published a German-language educational paper about the social and economic value…
IQ Hedge Global Macro Beta Index rises by 0.87 per cent
The IQ Hedge Global Macro Beta Index rose by 0.87 per cent in June 2012, according to the latest data from IndexIQ. The Long/Short Beta…