Articles and Features

Six out of seven of IndexIQ’s Investable Hedge Fund Replication Indexes recorded positive returns in April, according to data released by the company. »

The Luxembourg Stock Exchange is branding its project to build a fund market infrastructure as Fundsquare. »

The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.72 per cent in April as six of the seven index component strategies reported positive results for the month. »

The Credit Suisse Liquid Alternative Beta Index was up 1.11 per cent in April, according to Dr Jordan Drachman, head of alternative beta strategies at Credit Suisse. »

Och-Ziff Capital Management Group has reported GAAP net income of USD26.1m, or USD0.17 per basic and diluted class A share, for the first quarter ended 31 March 2013. »

Hedge funds performed well in April, with the HFRX Global Hedge Fund index closing up 0.6 per cent for the month and up 3.8 per cent for the year-to-date. »

TwentyFour Asset Management has selected Northern Trust to provide custody, fund accounting, financial reporting, compliance and company secretarial services to a new asset-backed securities fund domiciled in Guernsey. »

Sterling Trust, a custodian of alternative assets, has completed a name change to Equity Institutional, a Division of Equity Trust Company. »

A white paper produced by the Hedge Fund Operational Peer Group, a group of hedge fund CFOs and COOs and service providers, provides a blueprint for managers to think about when working with service providers. »

Varden Pacific, the San Francisco-based structured credit hedge fund manager launched in late 2010, has selected alternative assets placement agent MCAM Group to raise capital internationally for its flagship Varden Pacific Opportunity Partners fund. »