14 Jul 2008
PFPC becomes PNC Global Investment Servicing
Wilmington, Delaware-based PNC Financial Services Group has announced that its PFPC fund administration business has been renamed PNC…
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Quay Financials established in Gibraltar following Van der Moolen buyout
Quay Financials (Gibraltar), a brokerage and investment management firm created last month through a buyout from its Euronext…
Northern Trust awarded second Brevan Howard hedge fund administration mandate
Northern Trust has been selected to provide fund administration services to BH Global, a newly-established USD1bn feeder fund…
Taking the headache out of system selection and implementation
Many hedge fund managers do not have the resources to select or implement a risk or trading system. InteDelta's system selection and…
Hedgeweek Comment: Here come the short sellers
As the shares of US mortgage giants Fannie Mae and Freddie Mac went into freefall on Friday, plummeting to their lowest levels in more than…
Hedge funds decline 0.64 per cent in June but survive the tsunami, says Hennessee
The Hennessee Hedge Fund Index declined by 0.64 per cent in June and is down by 0.85 per cent for the first six months of this year,…
13 Jul 2008
Jill Considine to join Fulcrum Group as chairman
Fulcrum Group, a Hamilton, Bermuda-based administrator for the hedge fund and alternative asset management industry, has appointed Jill…
Managed futures win favour with Australian investors, says SuperFund affiliate
The robust global performance of managed futures funds is now attracting the attention of Australian investors looking to strengthen…
Business as usual, says Channel Islands' Dawnay Day Milroy
Following reports that administrators are about to be called in at companies belonging to the UK-based Dawnay Day group, Channel…
Counterparty risk gets hedge funds' attention
Hedge fund managers have traditionally paid little attention to their counterparty risk. The banks and prime brokers with whom they deal…
11 Jul 2008
Singapore Exchange unveils plans to encourage alternative fund listings
The Singapore Exchange is inviting public comment on proposed changes to its securities listing rules that would widen the range of…
Hedgeweek Commentary: Behind the hedge fund news
With the industry recording its poorest performance in the first half of a year since records were kept, according to Hedge Fund Research,…
Distressed company investors could be forced to take over German businesses, warns law firm
New German legislation passed last week that will come into force this summer could oblige hedge funds, private equity firms or other…
CFTC amends no-action letter issued to Dubai exchange to curb oil price speculation
The US futures regulator, the Commodity Futures Trading Commission, has taken further steps to curb what it sees as damaging speculation on…
Exchange-traded carbon derivatives can benefit institutions, says Eurex report
Trading in carbon dioxide instruments such as the European Union's EU Emission Allowance and Certified Emission Reductions has grown…
