18 Aug 2008
Crederian Fund Services launches alternative fund administration business in Philadelphia
Crederian Fund Services has announced the launch of its operations providing full-service fund administration for the alternative asset…
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16 Aug 2008
Guernsey fund assets grow more slowly in second quarter
The growth of funds domiciled or administered in Guernsey slowed in the second quarter of this year but the island's finance industry is…
15 Aug 2008
Heptagon Capital appoints Tapio Pekkala to investment management division
Heptagon Capital, a USD2bn specialist asset management business set up in 2005 by former Morgan Stanley executives, has hired Tapio Pekkala…
Bigger hedge funds set to move out of Mayfair and St. James's, says Jones Lang LaSalle
The hedge fund industry may be broadly perceived to be suffering from the global credit crunch and associated market turbulence, but…
14 Aug 2008
BlueCrest Capital Management goes live with Algorithmics for hedge fund risk management
London-based alternative asset manager BlueCrest Capital Management has implemented the Algo Risk Service, an outsourced portfolio…
Trimming long exposure insulates long/short funds from downturn, says Hennessee
As the equity markets have entered a technical bear market, hedge fund managers have successfully protected capital in a severe and…
Hedge fund diversification critical amid market dislocation, says Credit Suisse Tremont report
History suggests that periods of market dislocation such as the present produce shifts in returns such that it is impossible to predict…
BNY ConvergEx Group expands on Fidessa's global network
Fidessa group, a provider of trading systems, market data and global connectivity, has announced that BNY ConvergEx Group, a provider of…
Hedgeweek Comment: Pru drafts in hedge fund experience
UK insurer Prudential has appointed Harvey McGrath, former head of the listed hedge fund manager Man Group, as chairman in succession to…
Harcourt keeps assets under management stable at USD5.5bn in first half
Despite 'a difficult and challenging period' for the entire financial industry over the first six months of 2008, Switzerland-based…
13 Aug 2008
Hedge fund managers see CDS counterparty risk as growing threat to global markets, says report
More than 90 per cent of hedge fund managers polled for a new study by Greenwich Associates believe that counterparty risk in credit…
Hedgeweek Comment: Money talks
After the saga of Greg Coffey and GLG Partners, it is now the turn of US hedge fund manager Fortress Investment Group, which has lavished a…
Sorin Capital Management names Matt Chasin as chief operating officer and partner
Stamford, Connecticut-based Sorin Capital Management, an alternative investment firm specialising in commercial real estate debt and…
Auda International recruits investment chief for hedge fund unit
Auda International, a New York-based manager of hedge fund and private equity investments with some USD5bn under management, has appointed…
12 Aug 2008
Tora Trading Services opens Singapore office to handle asset management growth
Tora Trading Services, an electronic trading platform and liquidity provider for Asia, has opened a sales and support office in Singapore…
