13 Feb 2009
GLG sees assets under management fall nearly 40 per cent in 2008
Alternative investment manager GLG Partners saw net assets under management decline by 39 per cent during 2008, from USD24.6bn to USD15bn,…
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12 Feb 2009
New anti-money laundering and terrorist financing code of practice for BVI funds
The British Virgin Islands Financial Services Commission has published what law firm Harney Westwood & Riegels says are significant…
Australia's hedge funds outperform equities in January
Australia's absolute return and hedge funds have again shown their ability to outperform equity indices and long only funds in times of…
HedgeServ unveils alternative fund administration services
HedgeServ, headed by industry veterans Jim Kelly, Gene Mannella and Robert Aaron, has announced the official launch of what the group says…
Regulators and market conditions "will bring tighter controls on sensitive files"
Facing extreme market conditions and imminent regulatory changes, banks and hedge funds need to adapt to changes in transparency, risk…
Hedge Funds post gains as equity markets suffer worst January in history, says Hennessee
The Hennessee Hedge Fund Index gained 1.10 per cent last month, its second successive positive month, while US equity markets suffered…
Voltrex announces joint venture in Asia with Power Capital Group
Voltrex, a UK-based alternative investment and brokerage services specialist, has announced the expansion of its operations into Asia…
Comment: Ken Clarke fired as Centaurus gets reality check
Activist hedge fund manager Centaurus Capital has dismissed its advisory board, which included the shadow UK business secretary, Kenneth…
11 Feb 2009
Global Advisors to remove gating provisions for Global Commodity Systematic Fund
Global Advisors, a specialist commodity hedge fund manager, has announced changes to the terms of its Global Commodity Systematic Fund to…
Capital withdrawals from Asian hedge funds "mirror industry declines"
Capital invested in Asian hedge funds continued to fall in the fourth quarter of 2008, declining nearly USD16bn to just over USD71bn and…
Singapore's Cavenagh Capital launches Asian macro fund
Former Dexion Capital and Morgan Stanley veteran Andrew Gale and Lee Ka Shao, who managed an absolute return mandate at DBS Bank,…
Conyers expands Cayman team to handle growth in litigation and funds work
International law firm Conyers Dill & Pearman has announced the expansion of its Cayman Islands presence with the admission of three…
Credit Suisse/Tremont Hedge Fund Index "to finish up 0.80 per cent in January"
Early estimates indicate that the Credit Suisse/Tremont Hedge Fund Index will finish up approximately 0.80 per cent in January. Early…
Interactive Data selected as primary vendor by Capita Financial
Interactive Data Corporation, a provider of financial market data, analytics and related services, says its pricing and reference data…
Comment: SEC looks to electronic oversight of alternative funds
Following the beating taken by the reputation of the Securities and Exchange Commission over its failure to detect Bernard Madoff's USD50bn…
