08 Apr 2009
VCM Fund Management announces removal of redemption fees
London-based hedge fund group VCM Fund Management has announced the removal of all redemption and transfer fees for all funds on its hedge…
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Preliminary injunction issued against two Nevada firms in USD20m Ponzi scheme
The US Commodity Futures Trading Commission has announced that on 1 April 2009, a federal court judge in Knoxville, Tennessee issued a…
SEC obtains asset freeze in Ponzi scheme targeting Chinese-American community
The US Securities and Exchange Commission has obtained an asset freeze to halt a multi-million dollar Ponzi scheme and affinity fraud…
HSBC Global Asset Management launches global currency fund
HSBC Global Asset Management has launched a global currency fund aimed at institutional investors, which aims to exploit currency market…
Comment: Summers the super salesman
It has just emerged into the public domain that Larry Summers, director of the National Economic Council for President Barack Obama, earned…
07 Apr 2009
Luxembourg fund assets down nearly 30 per cent during 2008
Luxembourg-domiciled fund assets fell by nearly 30 per cent to USD2,152.0bn (EUR1,548.1bn) over the year to the end of 2008, down from…
Three settlements market practices finalised
The International Securities Association for Institutional Trade Communication has announced that the Settlements Working Group has…
Swedish state pension platform adds hedge funds to portfolio
The Swedish state pension platform, Premium Pension Authority, has included Salus Alpha funds in its portfolio. The Swedish state pension…
Newedge VTI return estimated to be -0.88 per cent for March
The estimated March 2009 return for the Newedge Volatility Trading Index is -0.88 per cent, compared with +0.72 per cent for February…
Liquid Capital Management launches family of managed futures funds
Liquid Capital Management has announced the launch of its family of alternative investment funds focused on managed futures. The Liquid…
CLS and ICAP joint venture to reduce risk and cost in pre-settlement processing
CLS Group, the global industry standard for FX settlement services, and ICAP, an inter-dealer broker, are creating a joint venture to…
Comment: Candover calls a halt to investment
There was once a time when taking a pause in investment activity would have meant missing plethora of missed opportunities.There was once a…
Daiwa Securities Global Asset Services appoints Jamie Phillips
Daiwa Securities Global Asset Services, the fund servicing arm of the Daiwa Securities Group, has appointed Jamie Phillips to its sales and…
06 Apr 2009
ACP Financials fund beats benchmark by 65 per cent in first six months
The ACP Financial Opportunities Fund has beaten its benchmark by over 65 per cent in its first six months, according to its manager ACP…
Chairman appointed at Hermes BPK Partners
Glyn Jones has been appointed chairman of Hermes BPK Partners, the alternative multi-manager advisory and fund of hedge fund boutique,…
