11 Aug 2009
CFTC obtains USD7.6m asset freeze in New York fraud matter
The US Commodity Futures Trading Commission has obtained an order freezing USD7.6m in assets held by Janet Schaberg, the ex-wife of Stephen…
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Credit Suisse/Tremont Hedge Fund Index to finish up 2.35 per cent in July
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 2.35 per cent in July, based on 62 per cent of assets…
GLG examines impact of climate change on mainstream investing
GLG Partners, the US-listed asset manager, has engaged Mercer's investment consulting business to examine if the perceived need to tackle…
Hedge funds advance 3.37 per cent in July, says Hennessee Group
The Hennessee Hedge Fund Index advanced 3.37 per cent in July and it up 15.50 per cent year-to-date, according to Hennessee Group, a…
North Carolina couple charged with USD22.5m foreign currency Ponzi scheme
The US Commodity Futures Trading Commission has charged Sidney S. Hanson, Charlotte M.PARA_BREAK_SENTINEL_9f8e7d6cThe US Commodity Futures…
10 Aug 2009
Global ETF AUM hits all time high
Global exchange-traded fund assets hit an all time high of USD862bn at the end of July 2009, seven per cent above the previous all time…
Global Fund Exchange names Michael D'Arpino director of business development
Global Fund Exchange, an alternative investment management business focused on alternative energy, traditional energy, water, critical…
Survey reveals trend towards increased allocations to hedge funds
A survey of over 150 senior figures surveyed within the UK pensions and investment industries reveals that nearly three quarters of…
Hedge fund returns best in ten years, says HFN
The HFN Hedge Fund Aggregate Average was up 2.44 per cent in July and up 11.89 per cent for the first seven months of 2009, according to…
Indian equity markets show signs of recovery, report finds
Indian equity markets are showing signs of recovery, with equity market capitalization expected to exceed 2008 levels in 2009 at USD1.9trn,…
California court imposes fines of USD25m against Safevest and its owners
The Commodity Futures Trading Commission has obtained more than USD25m in civil monetary penalties and equitable relief in orders against…
London Technology Fund invests in Novacem
London Technology Fund, an investor in new technology companies, has completed an investment in Novacem, a start-up company developing a…
JMP's net revenues up 74 per cent in Q2
JMP Group's total net revenues increased 74.2 per cent to a record USD37.5m for the second quarter of 2009 from USD21.5m for the second…
07 Aug 2009
Art is an investable asset class, research finds
Castlestone Management, a boutique New York and London asset manager, has published research from a University of Maastricht professor…
Declines in external debt elevates concern for global recovery
The decline in external debt exposures of G7 and emerging countries could come at the cost of economic growth, according to Hennessee…