18 Dec 2009
Comment: Developing a successful fund management business in the era of the investor
David Morrissey (pictured), New Business Development, Europe and the Middle East, SEI’s investment manager services division, looks back on…
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17 Dec 2009
BluMont Capital to acquire Northern Rivers
Northern Rivers Capital Management has entered into a binding agreement, subject to regulatory approval, to be acquired by BluMont Capital,…
Court imposes USD6.75m fine in commodity options fraud action
The US Commodity Futures Trading Commission has obtained more than USD6.75m in civil monetary penalties and equitable relief in a court…
Lyxor Hedge Fund Index rises 1.05 per cent
The Lyxor Hedge Fund Index was up 1.05 per cent in November, bringing year-to-date performance to 5.49 per cent. The top performing…
Spectrum obtains SAS 70 Type II Independent Service Auditor’s report
Spectrum Global Fund Administration, a provider of middle and back office solutions to hedge funds and managed accounts, obtained its third…
NYSE Liffe’s Bclear registers 250 million contracts in 2009
Total volume in equity derivatives futures and options registered through NYSE Liffe’s Bclear OTC wholesale service has just passed 250…
Algorithmics to power Holland Park’s risk advisory services
Holland Park Risk Management, a risk management adviser to pension fund managers in the US and Canada, has signed a three-year contract for…
Mariner acquires controlling interest in Palmer Square
Mariner Holdings has acquired a controlling interest in Palmer Square Capital Management, an alternative investment management firm based…
Australian hedge funds up 1.54 per cent in November
The Australian Fund Monitors’ Index rose by 1.54 per cent in November, bringing its year-to-date performance to 16.31 per cent.Equity based…
Credit Suisse/Tremont Hedge Fund Index up 2.11 per cent
Final performance for the Credit Suisse/Tremont Hedge Fund Index has been confirmed up 2.11 per cent in November, bringing year-to-date…
Two Westpoint settlements reached in Australia
The Federal Court of Australia has approved the settlement of a compensation claim initiated by the Australian Securities and Investments…
Cayman examines fiscal vulnerability as financial industry rebounds
While the past year has not been comfortable for the hedge fund industry, it has not brought any significant challenge to the position of…
16 Dec 2009
2009 sees mixed hedge fund compensation trends
Chief executive officers and chief operating officers were the best paid hedge fund employees in 2009, receiving total compensation of over…
Investors optimistic despite fresh fears over bank stocks
Investors are looking forward to 2010 as a year of moderate economic growth, benign inflation and solid returns in global equities,…
Two indicted in Galleon insider trading case
New York residents Raj Rajaratnam and Danielle Chiesi have been charged with a 17-count indictment involving conspiracy and securities…
