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Barclay Hedge Fund Index up 0.75 per cent in April

Hedge funds gained 0.75 per cent in April, according to the Barclay Hedge Fund Index compiled by BarclayHedge. »


Electronic trading floor

First FCM completes production testing with CreditLink for pre-trade clearing certainty

The first futures commission merchant (FCM) has completed production testing for Traiana’s central risk management infrastructure for swaps clearing. »


Bill Miller, head of global sales for Drury

Drury Diversified Trend-Following Program gains 8.13 per cent in April

Drury Capital has reported April gains of 8.13 per cent for the Drury Diversified Trend-Following Program. »


BVI International Finance Centre

New BVI fund regime offers distinct advantages

By Philip Graham, Harneys – As a new 'regulation-light' fund manager regime is launched in the British Virgin Islands, eligible fund managers can now count on a simpler application process. »


Tick

Charles Griffin Intelligence launches accredited investor verification service

As hedge funds anticipate the finalisation of a JOBS Act provision that will lift advertising restrictions on hedge funds, they are faced with the new challenge of installing more robust investor due diligence procedures. »


Swiss flag

BGC Partners appoints Jean-Jack Badet as general manager, Switzerland

BGC Partners, a brokerage company servicing the wholesale financial and real estate markets, has appointed Jean-Jack Badet as general manager of its business in Switzerland. »


Mark Pumfrey, chief executive of EMEA, Liquidnet

Liquidnet makes two senior hires to support European growth

Liquidnet, the institutional trading network, has made two senior appointments to its London based EMEA trading team to further strengthen and develop relationships with its community of asset management firms. »


Stephen Cohen, head of iShares EMEA investment strategy & insight

Four investment themes set to dominate a more uncertain Q2, says iShares’ Cohen

Asset class performance has been very mixed so far this year with currency volatility re-awakened and softening global economic data suggesting more difficult times ahead. »


Bermuda

Apex appoints managing director of Bermuda office

Fund administration company Apex Fund Services has appointed David Brown as the new managing director of the firm’s Bermuda office. »


Laptop

Omgeo supports LEI initiative with update to Omgeo ALERT

Omgeo is supporting the global Legal Entity Identifier (LEI) initiative by adding additional entity- and fund-level fields and data into Omgeo ALERT, the company’s web-based global database for standing settlement instructions (SSI). »


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