09 Aug 2010
Carrousel Capital launches Centrix IX global macro/market neutral fund
Carrousel Capital, the closed end fund arbitrageur run by Bruno Sangle-Ferriere, has celebrated its tenth anniversary this week with the…
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Alps adds five mutual fund clients in second quarter
Alps Fund Services, a provider of asset servicing to the investment management industry, added five new mutual fund clients in the second…
Hedge funds return to positive territory in July
Hedge funds returned to positive territory in July, with the HFRI Fund Weighted Composite Index gaining 1.82 per cent, according to Hedge…
Hedge funds advance 1.90 per cent in July
The Hennessee Hedge Fund Index advanced 1.90 per cent in July, bringing its year-to-date performance to 1.87 per cent.This follows a…
SGX seeks to widen participation in clearing of OTC financial derivatives
Singapore Exchange is consulting the public on its proposal to extend its central counterparty clearing services for over-the-counter…
NYSE Euronext global derivatives trading volume up 17 per cent
NYSE Euronext’s global derivatives average daily volume increased 17.5 per cent to 7.1 million contracts traded per day in July 2010. The…
08 Aug 2010
Luxembourg approves UCITS IV draft bill
The Luxembourg government this week approved the draft bill on UCITS IV, ahead of its proposed introduction in July…
Cesr explains UCITS IV global exposure guidelines
The Committee of European Securities Regulators (Cesr) has released a series of guidelines on how to calculate risk under Ucits IV, reports…
Apex Fund Services opens Luxembourg office
US-based Apex Fund Services, a global fund administration firm, has opened an office in Luxembourg to help service its…
Take a long-term position on IRISX4 advises Nomura’s Royer
With only a paltry USD50.7 billion in bonds issued across the Eurozone in May, conditions were far from ideal for Nomura With only a paltry…
HSBC launches Global Inflation Linked UCITS III Bond Fund
HSBC announced this week the launch of a new Ucits-compliant fund – the HSBC GIF Global Inflation Linked Bond fund – through a…
Ucits HFS Index up 0.35 per cent in July
After a slight loss in June the Ucits HFS Index returned a positive result in July 2010. Although up by only 0.35 per cent, it is a…
Hedge fund industry to face extensive regulation in years ahead, says KPMG
A regeneration of the capital markets enabled a relatively successful 2009 for the hedge fund industry, research by KPMG shows. However, in…
Societe Generale reports group net income of EUR1.08bn in Q2
Societe Generale recorded group net income of EUR1.08bn in quarter two 2010 and EUR2.15bn in the first half of 2010.Group revenues rose by…
Maples Finance adopts Advent Geneva for managed accounts
Fund services provider Maples Finance is using Geneva, Advent Software’s portfolio management and fund accounting solution, to capitalise…
