12 Oct 2009
HFRI Fund Weighted Composite Index rises by three per cent
Hedge funds posted a broad-based gain in September, with the HFRI Fund Weighted Composite Index rising by three per cent, according to…
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Funds debate reveals Guernsey is aiming for EU equivalence
Leaders from Guernsey’s funds industry have revealed that the island is aiming to achieve equivalence with the EU in light of the proposed…
11 Oct 2009
Burgundy and EMCF introduce CCP services for Nordic region
European Multilateral Clearing Facility and Burgundy, a regional multilateral trading facility, have introduced full mandatory central…
Castlestone launches Ucits III version of global macro fund
Castlestone Management, the alternative New York and London asset manager, has launched a Ucits III-compliant version of its global macro…
J.P. Morgan expands projections and simulations service
J.P. Morgan has made its projections and simulations service available globally. Part of the securities collateral management product,…
Pennsylvania resident admits to multi-million dollar Ponzi scheme
A federal court in Philadelphia has entered a consent order of permanent injunction against defendant Joseph S. Forte of Broomall,…
Skandia Investment Group names executive team
Nils Bolmstrand, the recently appointed chief executive of Skandia Investment Group, has named the members of his executive team.Former…
Nasdaq OMX and EMCF launch CCP in the Nordics
Nasdaq OMX Nordic and European Multilateral Clearing Facility have launched a full central counterparty clearing service on the Nasdaq OMX…
Hedge funds increase 3.18 per cent in September
The Hennessee Hedge Fund Index advanced 3.18 per cent in September and is up 20.89 per cent year-to-date, according to Hennessee Group.The…
Credit Suisse/Tremont index to finish up 2.67 per cent in September
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 2.67 per cent in September, driven by a boost in market…
International plaudits help Jersey fight its corner
Jersey’s private equity industry still faces anxious times ahead as the European Union deliberates over the content of its proposed…
09 Oct 2009
Convergex to acquire Cogent Consulting
Convergex, a provider of investment and execution technologies to institutional clients, has signed a definitive agreement to acquire the…
Absolute Return selects Quintillion for NEAS Power Fund
Quintillion fund administration has been appointed by Absolute Return Partners to provide administration services to its NEAS Power Fund…
Tremblant adds Andrew Bilzin as director of marketing
Tremblant Capital Group, an alternative asset manager with approximately USD2bn in assets under management, has appointed Andrew Bilzin as…
08 Oct 2009
Aima signals new phase of engagement on alternatives directive
The Alternative Investment Management Association has signalled a new phase of engagement with European policymakers on the European…