28 Jul 2008
Coronation International launches multi-asset Prism fund of funds
London-based fund of funds manager Coronation International has launched the Prism Fund, an Irish-domiciled dynamically managed multi-asset…
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Cayman sets new mark with more than 10,000 registered funds
The Cayman Islands have passed the milestone of 10,000 investment funds registered in the jurisdiction, with 10,037 funds recorded by the…
Hedgeweek Comment: Happy demise
The era of the baby boomer - a loosely defined term, but usually understood to encompass those born during the post-World War II baby boom…
Daniel Rizzuto becomes president of DKR Fusion Management
Stamford, Connecticut-based DKR Capital has announced the appointment of Daniel Rizzuto as president of DKR Fusion Management, an…
27 Jul 2008
Axa Investment Managers strengthens hedge funds sales team
Axa Investment Managers has appointed Tim Fitch to its institutional sales team as director of single-strategy hedge fund sales, reporting…
26 Jul 2008
Close Wealth Management adds Canadian dollar class to All Weather Fund
Close Wealth Management Group has launched a Canadian dollar class to its Close All Weather Fund, providing a fourth currency option…
Dawnay Day Milroy becomes Corazon Capital after management buyout
Channel Islands fund of hedge funds manager Dawnay Day Milroy has announced a management buyout and rebranding, ending a five-year…
Advent Software announces consulting alliance with Softagon
Advent Software, a provider of software and services to the global investment management industry, has established a consulting alliance…
24 Jul 2008
Triple A Partners hires Joanne Murphy for Asia-Pacific marketing
Asia Alternative Asset Partners (Caymans), which specialises in the seeding and distribution of Asian and emerging markets alternative…
London Metal Exchange launches steel billet spot trading
The London Metal Exchange has commenced spot or cash trading, marking the end of the launch period, for both the Mediterranean and Far East…
CFTC charges Dutch group Optiver with manipulation of Nymex energy futures market
The US Commodity Futures Trading Commission has charged Dutch-based proprietary trading fund Optiver Holding, two of its subsidiaries and…
Hedgeweek Comment: Absolute trouble
Troubled hedge fund Absolute Capital Management has closed one of its hedge funds and its office in Mallorca as poor performance and a big…
Sceptre Investment and Fairfield Greenwich target Canadian investors with joint venture
Toronto money management firm Sceptre Investment Counsel and Fairfield Greenwich Group, a USD16.6bn hedge fund and fund of hedge funds…
KMG launches platform for creating Sicav SIF funds
Luxembourg-based KMG Sicav SIF has launched a platform for asset managers and advisers to create their own Sicav SIF funds, taking…
23 Jul 2008
Aima says Italian fund proposals should boost hedge fund industry
The Alternative Investment Management Association has welcomed the proposals set out in this week's industry report on the state of the…