Citco announces change in ownership but remains independent

An investor group including the Smeets Family Trust has acquired a controlling interest in Citco from the Sandoz Family Foundation.  The terms of the transaction have not been disclosed, bu »

Fairfield Straits Lion launches second Asian fund

Fairfield Straits Lion Asset Management Limited is launching its second Asian hedge fund investment, the Fairfield Ludgate Hill Asian Arbitrage Fund. As with all FS »

Market research: Russian millionaires race ahead in wealth market

Russian millionaires are consolidating their position as Eastern Europe's No1 wealth management market opportunity according to new research. The research by Scorpi »

Pali hires new London-based Head of Business Development

Pali International Limited has hired Thomas Colucci as Head of Business Development, based out of the firm's London offices. Colucci will report to Richard Abraham »

WMG hires Global Macro team for USD 1 billion launch

Mehmet Dalman's WMG aims to raise USD 1 billion for a new Global Macro hedge fund managed by Paresh Patel, previously with Tudor. Of the approx USD 13 billion raise »

CACEIS: Processing remains key issue for hedge funds distribution in Europe

Crédit Agricole-Caisse d'Epargne Investor Services ( »

Comment: India's investment boom is far from over

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