22 Aug 2007
Investors' upbeat mood defies market misery, says State Street
Confidence among institutional investors across the world rose by 13 points to a level of 99.3 this month, in sharp contrast to the turmoil…
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CP Eaton Partners expands team with three new professionals
Daniel J Vene, Jeffrey J Eaton and Thomas L Knechtel have joined independent global placement agent CP Eaton Partners at its headquarters…
21 Aug 2007
Franklin Templeton Investments launches three new Sicav funds
Franklin Templeton Investments, one of the world's largest asset managers with more than USD621bn in assets under management, has launched…
Relief for Cayman fund industry as Hurricane Dean veers south
The booming alternative funds industry, along with the rest of the population of the Cayman Islands, breathed a sigh of relief on Monday…
Equity Fund Services opens Cayman fund administration business
Equity Fund Services, the fund administration division of the Equity Trust group, has opened an office in the Cayman Islands offering a…
Songsmith captures the anguish of troubled traders
With a tune hauntingly familiar to devotees of the late, great Tammy Wynette, singer Merle Hazard has laid down a musical backdrop to the…
Guernsey funds under management reach new high
Guernsey is continuing to exploit its appeal as a centre for fund administration, according to financial sector promotional body…
17 Aug 2007
Market turmoil leaves hedge funds poised between threat and opportunity
Goldman Sachs Asset Management, which has admitted to losses in the hedge funds it manages totalling up to USD3bn amid continuing fall-out…
Short managers shine amid gloomy July for hedge funds
Hedge funds recorded on average little or no gains in July as managers suffered from sharp falls in US, European and Asian equity markets,…
Hedge fund assets reach estimated USD2.6trn, says survey
Total hedge fund asset levels increased by 8 per cent in the second quarter of this year to USD2.593trn, from USD2.401trn at the end of…
Dexion Trading unveils proposals for corporate reorganisation
The board of London-listed fund of hedge funds Dexion Trading has finalised proposals to replace its previous investment adviser, FRM…
Hedgemedia's AltInvestment Global News Round-Up: Central banks pump in liquidity to ward off financing crisis
The Federal Reserve injected some USD38bn into the US banking system, following similar moves by the central banks of Europe, Australia,…
16 Aug 2007
Torrey Associates recruits head of risk management from North Sound Capital
Torrey Associates, an SEC-registered fund of hedge funds manager, has recruited John McClenahan as director of risk management from…
Wright named chief operating officer of State Street's UK-based investor services business
State Street Corporation has announced the appointment of Nick Wright as senior vice-president and chief operating officer of State…
Citco Fund Services opens office in Philadelphia
Citco Fund Services has announced the opening of a new office in Malvern, in the suburbs of Philadelphia, as a financial reporting centre…
