27 Jun 2007
Third tranche of Hedge ETS brings fund assets to USD328m
New Star Asset Management has announced that following the close of a third public offering, the total size of Hedge ETS, which provides…
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Aima welcomes Iosco's endorsement of its valuation principles
The Alternative Investment Management Association has expressed its satisfaction that the Consultation Report on the Principles for the…
26 Jun 2007
GLG Partners to obtain US listing through reverse acquisition
GLG Partners, Europe's third largest hedge fund manager with more than 40 funds and USD20bn in assets under management, has announced plans…
Absolute return funds suffer "absolute washout" in 2006, says S&P
Absolute return funds, retail investment vehicles that take advantage of the European Ucits III funds legislation to use derivatives and…
"Hospital insurance for portfolios" - 36 South Black Swan Fund to launch in August
36 South Investment Managers Limited, a 'tail risk' hedge fund manager, is preparing to launch the 36 South Black Swan Fund in August.36…
Thames River Hedge+ fund to raise GBP100m through C share issue
Thames River Capital has announced plans to raise up to GBP100m through an issue of sterling-, euro- and US-dollar denominated shares in…
25 Jun 2007
London Stock Exchange seals GBP1.1bn merger with Borsa Italiana
The London Stock Exchange, which over the past three years has seen off overtures from OMX, Deutsche Börse and Nasdaq, has joined the…
Forsyth Partners agrees new deal in Korea
Forsyth Partners has agreed a further deal with Korea Development Bank Asset Management involving a USD10.35m direct investment into one of…
22 Jun 2007
Scotia Capital's prime brokerage business looks to global opportunities
Scotia Capital may be a relative newcomer to the global prime brokerage market, and although the global corporate and investment banking…
Comment: Timing investments by the fund life cycle
Shoham Cohen, co-founder of Singapore-based hedge fund service provider ESC Financial Services, says that while many professionals and…
SGAM Alternative Investments launches fund dedicated to art market
SGAM Alternative Investments has launched an investment fund dedicated to the art market that it says is the first investment structure…
Hedgemedia's AltInvestment Global News Round-Up: Beleaguered Bear Stearns funds face uncertain future
The future of two credit funds run by Bear Stearns remains murky following the reported seizure of USD800m of assets to auction off by…
Institutional money tops 25 per cent of assets for largest hedge funds, says study
Direct investments by endowments, foundations, corporate pension funds and public pension schemes together represent a quarter of the…
SEC to lift price restrictions on short selling
The Securities and Exchange Commission has voted to lift restrictions on short selling that prevented traders selling borrowed stock if…
Hedge funds attract USD100bn in inflows in year to March, says report
Net inflows into hedge funds totalled USD20.7bn during the first quarter of 2007, and with a performance gain of USD49.9bn resulted in net…