23 Jan 2009
BlueCrest Capital Management appoints co-heads of global sales and client services
BlueCrest Capital Management has appointed Anne Popkin and Pete McConnon to the role of co-heads of global sales and client services,…
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Consultancy launched to meet investors' new governance and transparency requirements
London-based IGS Group and MSS Capital have announced the launch of MAG Consultancy (Managed Accounts and Governance Consultancy), a joint…
Credit Suisse Alternative Index Replication sees inverse index gain in early January
The Credit Suisse Inverse Long/Short Equity Replication Index was up 0.61 per cent net for the month through 15 January, according to…
Hedge fund investors noted dangers of inadequate reporting before Madoff, says Edhec
Even before the Madoff scandal, investors were dissatisfied with the quality of information on liquidity and operational risk exposure and…
SEC charges fugitive trader with defrauding investors at Sarasota-based hedge funds
The US Securities and Exchange Commission has charged Arthur Nadel, the Sarasota, Florida-based hedge fund manager who disappeared last…
Comment: Finding the value in distressed mortgage portfolios
Brent Lippman, chief executive of specialist financial services optimisation firm Response Analytics, says that new technology offers the…
Barclay CTA Index gained 13.9 per cent in 2008
Managed futures gained 13.90 per cent in 2008, the best annual performance for CTAs since their 21.02 per cent return in 1990, according to…
Emerging market equities suffered most in 2008, says Morningstar
The Morningstar 1000 Hedge Fund Index lost 10.3 per cent in the fourth quarter of 2008 and 22.2 per cent for the year, wiping out the last…
22 Jan 2009
BlackRock assets under management slip to USD1.3trn as earnings slide
BlackRock, the world's largest independent asset manager, has reported asset under management of USD1.31trn at the end of December, and…
Guernsey's Praxis acquires Investec Administration Services
Praxis Fund Services in Guernsey has announced it has signed an initial agreement to purchase Investec Administration…
Independent fund administration "key to rebuilding investor trust"
Independent fund administration is key to rebuilding investor trust, confidence and new business for hedge funds worldwide, according to…
70 per cent of hedge funds lost money in 2008, says Barclayhedge
Hedge funds lost a record 21.44 per cent in 2008, according to the Barclay Hedge Fund Index compiled by BarclayHedge.Hedge funds lost a…
First market-neutral Ucits III fund launched in the commodity space
Deutsche Bank has announced the launch of the Ucits III-compliant DB Platinum Commodity Harvest fund, which will be publicly available in…
Quantum UK Absolute Income Fund reports 17.4 per cent return
The Quantum UK Absolute Income Fund, launched in November 2005, has recorded a total return of 17.4 per cent over the past three years - 21…
S&P launches indices to reflect performance of US credit default swap market
Standard & Poor's Index Services has announced the launch of the S&P CDS US Indices, which are designed to measure the performance…
