05 Dec 2010
GLG Alpha Select (UCITS III) Fund to close after hitting USD550m target
GLG Partners, recently acquired and now a wholly owned subsidiary of London-based Man Group, declared this week that they would be closing…
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French UCITS hedge fund sees assets increase a staggering 2600 per cent
Lutetia Capital, a Paris-headquartered independent asset manager, celebrated the birthday of its Lutetia Patrimoine…
UCITS attract EUR46billion in inflows for Q3
The latest quarterly statistical release by EFAMA for Q3 found that UCITS enjoyed a healthy positive inflow of EUR46billion, in marked…
Palaedino and Alix Capital launch first investable ‘UCITS Alternative Index’
Geneva-based Palaedino Asset Management, the fund manager arm of the Palaedino Group and Alix Capital (a Palaedino Group offshoot) who…
03 Dec 2010
Hedge funds down 1.29 per cent in November
The Credit Suisse Liquid Alternative Beta Index finished down 1.29 per cent in November as managers struggled to find profitable positions…
StormHarbour Partners LP adds Tokyo broker-dealer to business
Boutique brokerage firm, StormHarbour Partners LP, established in March 2009 by Antonio Cacorino (pictured) and Fredrick Chapey, has opened…
Ex-Deutsche Bank’s Gregory Park to open hybrid Asia hedge fund
Former head of securitized products at Deutsche Bank AG, Gregory Park, is to launch a hedge fund in Hong Kong to tap into the region’s…
Liquidnet extends global reach by adding Malaysia traded securities
New York-headquartered Liquidnet, the off-exchange liquidity platform that provides institutional buy-side traders with secure and…
Asian hedge funds being started by more experienced managers
2010 has seen a wave of hedge fund startups spring up in Asia. And as the size of the region’s alternatives industry deepens, so the level…
Opinion: Litigation funding – the new, new thing
Third-party funding of litigation is gaining ground in the UK, but its success will depend on the degree to which the concept is embraced…
02 Dec 2010
GLG Alpha Select (Ucits III) Fund to close after hitting USD550m target
GLG, a wholly owned subsidiary of Man Group, is to close the GLG Alpha Select (Ucits III) Fund to new investment on 10 December 2010 after…
Average daily volume of 10.2 million contracts at Eurex and ISE in November
At the derivatives markets of Eurex, an average daily volume of 10.2 million contracts was traded in November, up from 9.4 million in…
Law firms Collas Day and Crill Canavan merge
Collas Day in Guernsey and Crill Canavan in Jersey are to merge in the spring of 2011. The combined law firms will be know as Collas…
Apex Fund Services appoints head of business development
Apex Fund Services, a fund administration business, has appointed Thalius Hecksher as global head of business development. With…
Turcan Connell launches absolute return fund
Turcan Connell, an investment, legal, financial and tax advisory firm, has launched an absolute return fund – the third in its stable of…