Event-driven funds suffer as hedge fund indices post mixed June returns

Event-driven funds suffer as hedge fund indices post mixed June returns

Four of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net of fees losses in June, although only one - convertible arbitrage - lost ground overall in the seco »


Agreement with SEC to give Federal Reserve early warning data on securities firms

Agreement with SEC to give Federal Reserve early warning data on securities firms

Securities and Exchange Commission chairman Christopher Cox and Federal Reserve System chairman Ben Bernanke have signed a memorandum of understanding between the two agencies that will de »


Goldman Sachs opens hedge fund administration operation in Toronto

Goldman Sachs opens hedge fund administration operation in Toronto

Goldman Sachs, one of the top five hedge fund administrators in the world, has opened its latest Goldman Sachs Administration Services office in Toronto to offer fund accounting and invest »


InteDelta adds risk resourcing product to consultancy services

InteDelta adds risk resourcing product to consultancy services

InteDelta, a niche consultancy focusing on risk management and quantitative finance, has announced the launch of a new risk resourcing product, in addition to its core service of deliverab »


Assured Fund on target to reach USD1bn by year-end, says traded life settlement manager

Assured Fund on target to reach USD1bn by year-end, says traded life settlement manager

The performance of traded life settlement vehicle Assured Fund at a time of unprecedented volatility is attracting major institutional interest, according to fund manager Policy Selection, »


GLG Partners appoints new managers to take up emerging markets challenge

GLG Partners appoints new managers to take up emerging markets challenge

Alternative asset manager GLG Partners has confirmed reports that Goldman Sachs partner Driss Ben-Brahim will be joining the firm to develop a special situations platform that will include »


Aima to develop sound practices guide for fund of hedge funds managers

Aima to develop sound practices guide for fund of hedge funds managers

The Alternative Investment Management Association, the London-based hedge fund industry association, has announced plans to publish what it says will be the world's first global guide to s »


Ermitage launches fund of funds focusing on directional strategies

Ermitage launches fund of funds focusing on directional strategies

European alternative fund of funds manager Ermitage Group has announced the launch of a niche fund of hedge funds, the Ermitage Directional Fund, with an initial investment of USD45m. »


New Star hires Donald Pepper as head of alternative investment

New Star hires Donald Pepper as head of alternative investment

New Star Asset Management has announced the appointment from September of Donald Pepper as head of alternative investment. »


Northern Trust wins mandate to service Auda funds of hedge funds

Northern Trust wins mandate to service Auda funds of hedge funds

Northern Trust has been selected by New York-based fund manager Auda Hedge to provide fund administration, custody, banking and foreign exchange services to its fund of hedge funds program »


Upcoming events

5 days 17 hours from now - London
5 days 17 hours from now - Cartegena
5 days 17 hours from now - London
6 days 17 hours from now - Arizona
6 days 17 hours from now - Shanghai

Upcoming training