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UK hedge fund industry employment estimated at 40,000, says Aima

Mon, 26/01/2009 - 11:59

The UK hedge fund industry employs an estimated 40,000 people, according to the Alternative Investment Management Association, the trade body for the hedge fund industry. »

Crédit Agricole and Société Générale to merge asset management businesses

Mon, 26/01/2009 - 11:58

Crédit Agricole and Société Générale have signed a preliminary agreement to combine their asset management operations, comprising the whole of Cr&eacu »

Salus Alpha Directional Markets fund approved for public distribution in Germany

Mon, 26/01/2009 - 05:56

The accumulator and distributor share classes of the Salus Alpha Directional Markets fund, the latest product from Austria alternative investment firm Salus Alpha, have been registered »

Gottex sees assets fall 28 per cent in final quarter of 2008

Mon, 26/01/2009 - 05:50

Gottex Fund Management Holdings, part of the international fund of hedge funds management group, has reported in its pre-close trading statement for 2008 that assets under management fe »

Oak Hill Advisors appoints former Lehman distressed specialist to investment team

Fri, 23/01/2009 - 16:06

Oak Hill Advisors has announced that Christine Daley has joined the firm's investment team as managing director to focus on opportunities in the stressed and distressed credit markets.< »

Gartmore appoints head of global alternatives

Fri, 23/01/2009 - 16:00

Gartmore has appointed Paul Graham as head of global alternatives, effective early April. »

Stock markets return +1.06 per cent in December

Fri, 23/01/2009 - 15:57

After three months of significant losses, stock markets managed a positive return of +1.06 per cent in December, with volatility remaining high at 40 per cent, albeit down to two-thirds »

BlueCrest Capital Management appoints co-heads of global sales and client services

Fri, 23/01/2009 - 15:57

BlueCrest Capital Management has appointed Anne Popkin and Pete McConnon to the role of co-heads of global sales and client services, responsible for growing and strengthening the inves »

Consultancy launched to meet investors' new governance and transparency requirements

Fri, 23/01/2009 - 11:58

London-based IGS Group and MSS Capital have announced the launch of MAG Consultancy (Managed Accounts and Governance Consultancy), a joint venture partnership established to design and »

Credit Suisse Alternative Index Replication sees inverse index gain in early January

Fri, 23/01/2009 - 11:54

The Credit Suisse Inverse Long/Short Equity Replication Index was up 0.61 per cent net for the month through 15 January, according to Jordan Drachman, head of research for alternative b »

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