04 Oct 2009
Lyxor AM takes over SGAM's alternative investment activities in US
Societe Generale Asset Management has transferred control over SG Asset Management, its US based alternative asset management unit, to…
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02 Oct 2009
BBVA and Newedge form joint venture in Spain
BBVA and Newedge have formed a joint venture to combine their positions in the Spanish markets while retaining the brand name Altura. Under…
Guernsey litigation fund plans GBP200m Aim flotation
A Guernsey-based investment fund is anticipated to become the second largest listing on London’s Alternative Investment Market this…
Insparo strengthens investment team with JP Morgan hire
Insparo Asset Management has bolstered its investment and research team with the appointment of Mahan Namin as assistant portfolio…
01 Oct 2009
Steel Partners seeks to remove two Adaptec directors
Steel Partners II has sent a letter to stockholders of Adaptec requesting support for the removal of two directors: chief executive Sundi…
Goodman appoints Independent Franchise Partners as sub-adviser
Goodman has appointed London-based Independent Franchise Partners as a sub-adviser with a global value mandate for Marquis Institutional…
Court freezes assets of Texas trading firms charged with forex fraud
The US Commodity Futures Trading Commission has obtained an emergency court order freezing assets held by defendants M25 Investments, M37…
PowerShares Listed Private Equity Portfolio goes global
The PowerShares Listed Private Equity Portfolio will begin tracking the Global Listed Private Equity Index, and will be renamed the…
Butterfield Fulcrum licensed by Irish Financial Services Regulatory Authority
Butterfield Fulcrum Group (Ireland), an alternative fund administration company, has been licensed to provide fund administration services…
Cogent releases free broker review system for hedge funds
Cogent Consulting has released a free version of its HedgeTrak web-based broker review and evaluation service for hedge funds. HedgeTrak…
LCH.Clearnet and EMCF to interoperate by November 2009
LCH.Clearnet and the European Multilateral Clearing Facility have signed a master link agreement to achieve interoperability by November…
Man Group reports sales of USD5.7bn in last six months
Man Group has reported sales of USD5.7bn for the last six months, including USD2bn in the most recent quarter. Total funds under management…
Vitech signs seven investment organisations to Equitrak platform
Vitech Systems, a provider of software and services to the alternative asset community, has signed seven new clients to the Equitrak…
30 Sep 2009
EFG Private Bank launches fixed income fund
EFG Private Bank, the London-based subsidiary of EFG International, has launched a fixed income fund in conjunction with Stratton Street…
Northern Trust hires David Lester for asset management sales in Canada
Northern Trust has appointed David Lester as head of the institutional sales effort for asset management at NT Global Advisors, Canada.…