03 Nov 2011
NewAlpha AM makes 17th strategic investment with Heieck Siebrecht Capital Advisors
NewAlpha Asset Management, the Paris-based global hedge fund incubation specialist, has made its17th strategic investment with Heieck…
More
UMB Fund Services adds three new clients in Q3
UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), added three new clients in the third quarter of…
CFA members believe Eurozone break-up ‘unlikely’, says survey
The majority of CFA members (70%) believe a collapse of the the single currency in the Eurozone would be a disaster but a break-up of the…
02 Nov 2011
Central Park Group announces new portfolio manager for registered multi-strategy event-driven fund
Brencourt Advisors has assumed portfolio management responsibility for Central Park Group Multi-Event Fund, a multi-strategy event-driven…
XXIV Old Buildings barrister appointed to lead Harneys' Cayman litigation practice
Harneys has appointed former XXIV Old Buildings barrister David Herbert as head of the firm’s growing Cayman Islands litigation and…
Hedge fund firms bring incremental value in the Alternative UCITS space
In spite of having registered significant investor appetite in recent years, empirical research on Alternative UCITS is a rare commodity.…
New lines drawn around best execution, says GreySpark research
Buyside firms, sellside firms and technology vendors do not all agree on what constitutes best execution, reveals a new report by capital…
Average daily volume of 10.7 million contracts at Eurex Group in October
The international derivatives exchanges of Eurex Group recorded an average daily volume of 10.7 million contracts in October (October 2010:…
Oddo AM appoints BNY Mellon as Fund Administrator and Trustee for new merger arbitrage hedge fund
BNY Mellon has been appointed by Oddo Asset Management (Oddo AM) to provide fund administration and custody services for its new hedge…
Cole-Frieman & Mallon launches alternative mutual fund practice
Boutique investment management law firm Cole-Frieman & Mallon LLP, has appointed Aisha Hunt as a Partner to head its news Alternative…
SEC charges New York-based hedge fund adviser and co-owner over scheme to evade group purchase limits in bank conversion offerings
The Securities and Exchange Commission has filed a civil injunctive action against Drake Asset Management, LLC (Drake), of Glen Head, NY,…
SunGard’s Investran and NYPPEX to deliver secondary market price data on private investment funds
SunGard will make secondary market price data on private equity, real estate and hedge funds available from its Investran platform through…
CFTC approves confidential private fund risk reporting
The Commodity Futures Trading Commission (CFTC) has approved a final rule requiring certain advisors to private funds that are dually…
American Century introduces three alternative strategies
To meet growing investor demand for alternative investment strategies, American Century Investments has introduced three new alternative…
01 Nov 2011
Advent Users Group survey finds cautious optimism among asset management firms
The 2011 Advent Users Group (AUG) annual Asset Management Operations and Compensation Survey, which is co-sponsored by the Investment…