13 Feb 2008
FXall to provide ITG clients with foreign exchange trading capabilities
Foreign exchange trading platform FXall has signed a distribution agreement with Investment Technology Group, a provider of…
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Christopher Long joins Endowment Capital Group
Endowment Capital Group, a Philadelphia-based hedge fund manager catering to university endowments and foundations, has recruited…
Bank of New York Mellon boosts alternative fund services sales in Asia
Bank of New York Mellon, a leader in hedge fund administration with more than USD195bn in assets under administration, has appointed Kate…
12 Feb 2008
PFPC establishes fund services operation in Poland
PFPC, a member of the Wilmington, Delaware-based PNC Financial Services Group, has announced plans to launch fund administration and hedge…
Hedge fund investors and managers expand reach into emerging markets, says HFR
The number of funds dedicated to investing in emerging markets increasing to more than 950 last year, according to a report from…
Gerard Gardner joins North Asset Management as partner
North Asset Management, a London-based alternative investment management firm, has recruited Gerard Gardner as a partner from Goldman Sachs…
Fund of hedge funds assets grew by one-third in 2007, says survey
Despite the turbulence wreaked on alternative investments in the second half of 2007 by the US sub-prime meltdown, the credit crunch and…
First Avenue Partners launches EUR100m hedge fund seeder vehicle
First Avenue Partners has launched the FAP Hedge Fund Opportunities Fund, a hedge fund incubation fund, with initial capital of EUR100m…
Caledonian Global Fund Services opens operations centre in Florida
Caledonian Global Fund Services has opened a new operations centre in Orlando, Florida to add to its existing facilities providing hedge…
11 Feb 2008
Matrix provides CGT option for more funds of hedge funds
Matrix has drawn up plans to mirror its open-ended funds of hedge funds with closed-ended versions whose gains qualify for capital gains…
Index providers confirm hedge funds' decline in January
US hedge fund investment advisory firm Hennessee Group has reported that the Hennessee Hedge Fund Index it compiles fell by 2.45 per cent…
08 Feb 2008
Hedgemedia's AltInvestment Global News Round-Up: Calpers sells USD3bn private equity portfolio in record secondary deal
The California Public Employees' Retirement System, the world's fourth largest pension scheme, has sold a private equity portfolio valued…
Hedge funds stumble in January as indices show declines across strategies
Hedge funds lost an average of 3.60 per cent in January, according to the Barclay Hedge Fund Index, while indices compiled by Dow Jones and…
GLG Partners sees net assets rise 62 per cent to USD24.6bn in 2007
UK-based alternative asset manager GLG Partners, which acquired a New York Stock Exchange listing last November through a reverse takeover,…
CFTC authorises US sale of eight Eurex futures contracts
The Office of General Counsel of the US Commodity Futures Trading Commission has announced it has issued a no-action letter permitting the…
