09 May 2008
Administrators combine as Phoenix Fund Services to target onshore and offshore funds
Three specialist fund administration firms have come together under the umbrella of Phoenix Fund Services to service the increasing number…
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Kotak Mahindra launches first multistrategy equity fund
Kotak Mahindra (UK), a wholly-owned subsidiary of India's Kotak Mahindra Bank, has announced the launch of the Kotak India Dynamic Fund, a…
Structured credit funds slowed decline in March, index suggests
Both gross and net monthly returns for the Palomar Structured Credit Hedge Fund Index showed further negative performance in March, albeit…
Hedge funds see increased opportunities from market volatility
Despite a number of high-profile failures in the hedge fund industry and the continuing impact of the credit crunch, many managers believe…
Hedgemedia's AltInvestment Global News Round-Up: Arx Investment's Dwight Sipprelle calls it a day
Star manager Dwight Sipprelle is winding down his USD1.2bn global credit fund and retiring from active money management.Star manager Dwight…
CFTC obtains freeze on assets of alleged Ponzi scheme perpetrators
The US Commodity Futures Trading Commission has obtained a federal court order in Santa Ana, California, against Mission Viejo-based…
08 May 2008
Time to move on? Post your CVs on jobs.hedgemedia.com
Hedgemedia.com is the world's largest portal for jobs in the alternative investments sector - hedge funds, private equity funds and real…
Hedgeweek Comment: Eggs in different baskets
The times are certainly changing.The times are certainly changing. Even hedge funds, regarded as the investors of the Wild West with their…
RAB Capital sees assets fall through performance and redemptions
London-based hedge fund manager RAB Capital has reported at its annual general meeting that assets under management have declined to…
07 May 2008
Cardano hires second fund of hedge funds manager for London office
Dutch-based investment consultant Cardano has announced the appointment of Bill Kelsey to its London-based investment management team with…
Morgan Stanley launches Commodities Alpha Fund for wealthy US investors
Morgan Stanley Investment Management has launched the Morgan Stanley Commodities Alpha Fund, an actively managed mutual fund that offers US…
Law firm warns hedge funds to batten down the hatches in Germany
German law firm Schultze & Braun, a specialist in business recovery, says it is warning its hedge fund and banking clients to…
Insparo Asset Management launches Africa and Middle East hedge fund
Insparo Asset Management has announced plans to launch its inaugural Africa and Middle East hedge fund this month with an expected USD125m…
Standard Life Investments opens Global Absolute Return fund to retail investors
Standard Life Investments has launched its Global Absolute Return Strategies Fund to retail investors, offering access through a unit trust…
Dow Jones Hedge Fund Indexes sees most strategies bounce back in April
Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April, although event-driven is…