14 May 2009
SVM UK Absolute Alpha assets reach GBP12m in first month
SVM UK Absolute Alpha has grown to GBP12m since its launch on 7 April 2009 and the unit price is up 3.9 per cent. SVM UK Absolute Alpha has…
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Risk controlled versions of S&P 500 and S&P/ASX 200 indices launched
Standard & Poor's has launched risk controlled versions the S&P 500 and S&P/ASX 200 indices for investors looking to gain…
BVI mutual fund annual returns due by 30 June
All BVI mutual funds, which are recognised or registered under the BVI Mutual Funds Act 1996, must submit a return to the FSC no later than…
13 May 2009
GLG increases size of dollar-denominated convertible notes offering
GLG Partners, the US-listed asset manager, has announced that the offering of its dollar-denominated convertible subordinated notes due…
Asian hedge funds post performance-based asset gain of USD2.6bn in Q1 09
Hedge funds investing in emerging Asia posted gains in March and April, with the HFRI Emerging Markets Asia ex-Japan Index gaining over 8.5…
Barclay Hedge Fund Index up 5.05 per cent
Hedge funds jumped 5.05 per cent in April, according to the Barclay Hedge Fund Index compiled by BarclayHedge.Hedge funds jumped 5.05 per…
Jersey Finance appoints representative in Greater China
Jersey Finance has appointed Shanghai born Zhaoan Li to help promote Jersey's financial services industry in China and Hong Kong.Jersey…
Newedge VTI returns estimated -0.42 per cent in April
The estimated April 2009 return for the Newedge Volatility Trading Index is -0.42 per cent, compared with an estimated March 2009 return of…
Samena Capital launches Japan Absolute Return Fund
Samena Capital, a model of collective investing run by entrepreneurs from the Subcontinent, Asia, the Middle East and North Africa, has…
GLG announces pricing of convertible subordinated notes
GLG Partners, the US-listed asset manager, has announced the pricing of its offerings of USD200m aggregate principal amount of its…
Asset Management Finance invests in Australia's MIR
Asset Management Finance has made an investment in MIR Investment Management, an Australian and Asian (ex-Japan) equity fund manager based…
Blue Ink acquires 100 per cent stake in Legae Capital
Blue Ink Investments, a South Africa-based fund of hedge funds manager, has acquired full ownership of Legae Capital, following its…
12 May 2009
GLG Partners reports GAAP net loss of USD120.3m
GLG Partners, the US-listed asset manager, has reported a GAAP net loss attributable to common stockholders of USD120.3m for the quarter…
Michael Lauer to pay over USD62m in hedge fund fraud case
The Securities and Exchange Commission has announced that Michael Lauer, the head of two Connecticut-based hedge fund advisors, has been…
GLG Partners announces amended credit agreement
GLG Partners, the US-listed asset manager, has reached an agreement with its senior lenders to amend its credit agreement. GLG Partners,…
