03 Mar 2009
Fund of hedge funds model sound but liquidity structure concerns remain
Against a background of industry debate over whether the funds of hedge funds model is flawed, Standard & Poor's Fund Services notes in…
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Comment: A billion-pound show of confidence
Amid the constant flow of bad news for the hedge fund industry comes a shot in the arm for the sector, with the news that the UK's…
NYSE Amex options unveils new trading floor
NYSE Euronext has announced that NYSE Amex options, one of the company's two US options exchanges, has completed its transition to the new,…
UK funds under management down 18 per cent, says IMA
Funds under management of UK domiciled investment funds were GBP354.2bn in January 2009, 18 per cent lower than January 2008 and two per…
02 Mar 2009
Liongate Commodities Fund opened to external investors
Fund of hedge funds manager Liongate Capital Management has announced the opening of the Liongate Commodities Fund, which completed a first…
SEC charges unregistered hedge fund with fraud
The Securities and Exchange Commission has charged a New York investment management firm and its principal for operating a large-scale…
Gartmore appoints Nigel Davies for AlphaGen EtaCas Fund
Gartmore Investment Management has announced the appointment of Nigel Davies as supporting manager and analyst on the AlphaGen EtaCas Fund,…
CFTC charges Florida firm with defrauding customers in commodity options scam
The US Commodity Futures Trading Commission has filed an enforcement action against Zurich Futures & Options and Michele LaBruce, both…
Carne Global opens in Dubai to meet wealth management demand
Carne Global Financial Services, an independent business adviser to the hedge fund, traditional fund and wealth management industries, has…
Comment: BBVA takes big step by exiting hedge fund business
Spanish banking giant BBVA announced last week that it had decided to pull out of the hedge fund market, shutting domestic hedge fund…
Non-executive directors under scrutiny as fund managers seek new fee structures
Non-executive directors of funds can be found personally liable for investor losses if they approve new and complex fee structures for fund…
27 Feb 2009
BNP Paribas Investment Partners unveils new management team
BNP Paribas Investment Partners has announced it is strengthening its general management team in order to bolster the development of the…
Northern Trust strengthens focus on investment operations outsourcing
Northern Trust has announced that Dan Houlihan has joined as global head of product and strategy for the investment operations outsourcing…
Janna Sobolev joins hedge fund consulting boutique Atrato Advisors
Alternative investment consulting boutique Atrato Advisors has announced that Janna Sobolev, who has over ten years of expertise in…
Blackstone Group reports lower revenues for 2008
The Blackstone Group says adverse global market and economic conditions led to lower revenues and a loss for the fourth quarter and full…
