10 May 2012
SEC obtains final judgement on consent against James Fleishman
The Honourable Jed S Rakoff, United States District Judge, United States District Court for the Southern District of New York, has entered…
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New Luxembourg/Germany double tax treaty may impact German inbound investment structures, says Dechert
On the 23 April 2012, Germany and Luxembourg signed a new Double Tax Treaty ("the Treaty") which is to replace the previous treaty dating…
AlphaHedge launches SMA platform
AlphaHedge Capital Partners, LLC (AlphaHedge) has launched a separately managed account (SMA) platform to provide an array of long/short…
09 May 2012
Hedge funds declined 0.38% in April
The Hennessee Hedge Fund Index declined 0.38% in April (+4.02% YTD), while the S&P 500 fell 0.75% (+11.16% YTD), the Dow…
Cayman Court rules against in kind distribution of fund assets
A recent decision of the Grand Court of the Cayman Islands (the Court) in the case of FIA Leveraged Fund has laid down, for the first time,…
Miller joins Drury Capital as head of global sales and marketing
Bill Miller, former head of European sales for hedge fund Winton Capital has joined Princeton-based CTA Drury Capital as head of global…
ECJ withholding tax ruling could give investment funds EUR4.2bn rebate
A withholding tax ruling expected from the European Court of Justice (ECJ) could lead to investment funds receiving a EUR4.2bn tax rebate,…
Trident selects Advent to support PE, onshore and offshore fund accounting
Trident Fund Services has added the Geneva World Investor module to its existing implementation of Geneva. Trident Fund Services leverages…
08 May 2012
Signia appoints Patel as head of alternative investments
Signia Wealth Limited has appointed Ameet Patel as head of alternative investments. He will be based in the London office and will report…
Alter Domus appoints new director in Malta office
Alter Domus has appointed Michael Ellul as Director of the firm’s office in Malta. The office in Malta, which was established in 2010,…
NYSE Euronext sees mixed trading volumes in April
Trading volumes for NYSE Euronext’s global derivatives and cash equities exchanges were mixed both year-over-year and month-over-month…
Hedge funds trade in narrow range in April
Hedge funds posted a narrow decline to begin Q2 2012, with the HFRI Fund Weighted Composite Index declining by 0.36 per cent in April,…
Eze Castle opens HK office
Eze Castle Integration, a provider of strategic IT services, technology solutions and strategic consulting to hedge funds, has opened an…
Synergy Fund Management sees ‘lot of hidden jewels’ for Asia seeding
By James Williams, news editor, Hedgeweek – Seeding hedge funds has picked up in popularity over the last 12 months at a time when new…
CFTC charges Dimitry Vishnevetsky and Oxford Capital with commodity pool fraud
The Honourable Ruben Castillo, of the US District Court for the Northern District of Illinois, entered an order freezing the assets of…