16 Jun 2005
ICAP's Michael Spencer invests in hedge fund administration company
Michael Spencer, CEO of ICAP, has acquired an equity stake in New Jersey-based Alternative Investment Solutions, (AIS), the hedge fund…
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Rapid FD change at Integrated Asset Management
London-based Integrated Asset Management has lost its second Finance Director in the space of six months.Raminder Panesar resigned as Group…
15 Jun 2005
Harcourt strengthens strategic relationship with MSS Capital
Harcourt AG has acquired a minority equity stake in MSS Capital, which runs the managed account platform underlying the FTSE Hedge…
HSBC tops survey of best sub-custodians
HSBC Securities Services has come top in a global survey of the world's best regional and country sub-custodians. The survey results were…
14 Jun 2005
Edhec calls for investor-driven approach to packaging of alpha
A new research paper from Edhec shows how the alpha benefits of using fixed-income derivatives can be successfully transported to a core…
Porter leaves Aurum Funds for Alliance International
Alliance International, an affiliate of Asset Alliance, has hired Aurum Funds' Emily Porter as a Senior Analyst.…
Mazzacurati takes over alternatives at BNP Paribas Asset Management
Chantal Mazzacurati has been appointed head of BNP Paribas' Alternative Investment Management and Structured and Indexed Management…
13 Jun 2005
Palomar launches FoHF for structured credit strategies
Zurich-based Palomar Capital Advisors Ltd. has announced the first closing of a fund of funds dedicated to the structured credit…
Guernsey signs Letter of Intent with Hong Kong's SFC
The Guernsey Financial Services Commission and Hong Kong's Securities and Futures Commission have signed a Letter of Intent for enhanced…
Cadogan Management opens London office, hires Wilmot-Smith
New York-based FoHF manager Cadogan Management LLC has opened an office in London, with James Wilmot-Smith joining as Managing…
02 Jun 2005
Dow Jones Industrial Average posts 2.6% gain in May, European stocks gain 3.34%, Asia rises 0.02% and World equities rise by 1.72%
The US blue-chip Dow Jones Industrial Average rose 2.60% in May, closing at 10457.80.PARA_BREAK_SENTINEL_9f8e7d6cThe US blue-chip Dow Jones…
Gilles Glicenstein appointed chairman of BNP PAM
Gilles Glicenstein has been appointed head of asset management business and chairman of BNP PAM SAS, the firm's main asset management…
Horizon appoints new executive VP and senior managing partner
Horizon Cash Management has promoted Pauline Slager to executive vice president, finance, and senior managing partner. Slager has been an…
01 Jun 2005
Eurex offers hedging of the German market with DAX Futures
Eurex is offering customers highly liquid instruments for directional trading and hedging of the German market with DAX Futures. They are…
EDHEC report reveals one positive strategy in April
The latest data from EDHEC suggests that the only hedge fund strategy that yielded positive returns in April was short selling.The month…