21 Apr 2011
Jersey retains flexibility as it extends its funds regime
Following confirmation of the AIFM Directive at the end of 2010, Jersey has announced that it is working to deliver a range of flexible…
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SEC charges former hedge fund portfolio manager with insider trading
The Securities and Exchange Commission has charged a former hedge fund portfolio manager with insider trading in a bio-pharmaceutical…
20 Apr 2011
Schroders unveils commodity investment trust based in Guernsey
Schroders is to launch a new investment trust, structured as a Guernsey-domiciled closed-ended investment company, which will invest in a…
Barclays joins CLS Aggregation
Barclays Bank has become the latest bank to support the joint venture between CLS Group and Traiana, which provides trade aggregation…
Managed futures lose 0.91% in March
Managed futures lost 0.91% in March according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Barclay CTA Index is…
Guernsey lawyers advise on acquisition of Man Group’s stake in BlueCrest
Guernsey lawyers from Mourant Ozannes have assisted in advising BlueCrest on the acquisition by its partners of Man Group’s 25.5% stake in…
Scotia Capital Hedge Fund Performance Index down in March
The Scotia Capital Canadian Hedge Fund Performance Index finished March 2011 down 0.09% on an asset weighted basis and down 0.70% on an…
Hedge fund industry surpasses USD2trn milestone
Total capital invested in the global hedge fund industry exceeded USD2 trillion for the first time in its history, according to data…
LaSalle announces creation of property derivatives platform
LaSalle Investment Management has partnered with BGC Partners to establish a property derivatives capability for clients. The new offering…
REYL & CIE and Samena Capital to form cross-border asset management JV
REYL & CIE, an independent banking group created in 1973, and Samena Capital, an investment group focusing on principal investments in…
Apex Fund Services announces 50 new jobs in Ireland
Apex Fund Services is to create 50 jobs in Ireland over the next 18 months with the opening of a new office in Dublin. The new office…
19 Apr 2011
Opinion: Why the Black-Scholes model overvalues illiquid hedge fund assets
Espen Robak, president and founder of Pluris Valuation Advisors, argues that Black-Scholes and other theoretical valuation models have long…
Luma appoints Massenet as CEO
Luma Solutions Services Limited (Luma), a joint venture between OFI Asset management and Gottex Solutions Services (GSS), which operates…
Average size of FoHFs falls by over half, says survey
The latest Preqin research shows that there has been a significant decline in the number of hedge fund of funds managers with AUM of…
Perella Weinberg Partners affiliate to acquire AIG Rail Services
An affiliate of Perella Weinberg Partners’ Asset Based Value strategy is to acquire AIG Rail Services Inc, a provider of customised full…
