20 Oct 2008
French seeding firm invests USD50m with Concerto Asset Management
NewAlpha, a French alternative investment incubation specialist, has announced its eleventh seeding agreement, a USD50m investment in a…
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Finvest launches fund of funds to capitalise on market upheavals
Zurich-based Finvest Asset Management has received a mandate to allocate around USD300m to the fund of hedge funds sector as part of a…
Strong performance from 36 South attributed to "being away from the herd"
New Zealand-based hedge fund manager 36 South Investment Managers Limited took its flagship Kohinoor strategy to another year-to-date…
17 Oct 2008
Managed Funds Association board re-elects Eric Vincent as chairman
The board of the hedge fund industry group Managed Funds Association has unanimously re-elected Eric Vincent, president of Ospraie…
SEC charges San Francisco hedge fund manager with 'portfolio pumping'
The US Securities and Exchange Commission has charged San Francisco investment adviser MedCap Management & Research and its principal,…
Hedge fund assets decline by USD210bn in third quarter, says HFR
Steep performance losses and record investor capital redemptions reduced the size of the hedge fund industry by USD210bn in the third…
Hedgeweek Commentary: Behind the hedge fund news
The Securities and Exchange Commission's ban on short selling of financial stocks may have expired, but hedge funds continue to face calls…
GlobeOp sees surge in redemptions and negative performance curbing asset growth
GlobeOp Financial Services, a provider of business process outsourcing, financial technology services and analytics to the hedge fund…
Absolute Capital Management to close two more funds after investor redemptions
Hedge fund manager Absolute Capital Management, which has struggled to recover from the abrupt exit of chief investment officer Florian…
Merlin Securities expands client services team in New York
Merlin Securities, a San Francisco-based provider of prime brokerage services and technology to hedge funds, funds of funds and long-only…
Castle Hall Alternatives opens Halifax office and hires managing director
Montreal-based Castle Hall Alternatives, a provider of hedge fund operational due diligence, has appointed Gillian Scott as a managing…
Millennium Management hires Michael Gelband to lead fixed income business
New York-based alternative investment manager Millennium Management has recruited Michael Gelband, formerly global head of capital markets…
16 Oct 2008
New Zealand Absolute Return Index shows strong performance against peers
The Ernst & Young New Zealand Absolute Return Index, launched just over a year ago by New Zealand Absolute Return Association, the…
MFA calls on Bank of England to free hedge fund assets from Lehman administrator
The Washington-based hedge fund industry organisation Managed Funds Association has called on the Bank of England to intervene to expedite…
Conifer Securities launches prime brokerage through JPMorgan
Conifer Securities, a San Francisco-based provider of business and operations solutions to asset managers and institutional investors, has…
