All news

FirstRand group chief executive Sizwe Nxasana

Jersey based Ashburton to become part of South African parent’s new investment business

Tue, 18/06/2013 - 16:06

Ashburton (Jersey) Limited is to form the international arm of a new asset manager that will become the fourth financial services franchise of FirstRand Limited alongside existing brands FNB, RMB and WesBank. »

Hedge fund manager Shepherd pleads guilty to fraud

Tue, 18/06/2013 - 16:00

North Carolina hedge fund manager James Alexander Shepherd has agreed to plead guilty to charges that he defrauded investors of approximately USD6m. »

Mixed May performance for Newedge indices

Tue, 18/06/2013 - 14:19

The Newedge Trend Index fell 3.65 per cent in May, relinquishing some of the gains from March and April. »

Barclay Hedge Fund Index up 1.06 per cent in May

Tue, 18/06/2013 - 14:14

Hedge funds gained 1.06 per cent in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. »

Abacus Group launches FlexDrive

Tue, 18/06/2013 - 12:01

Abacus Group has launched FlexDrive, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices. »

Peter Reitz, member of the Eurex executive board

Eurex Exchange lists MSCI emerging markets index derivatives

Tue, 18/06/2013 - 11:43

The international derivatives market Eurex Exchange will introduce the second tranche of derivatives on global MSCI indices on 1 July. »

Saucier to head Celoxica’s new business development in the US

Tue, 18/06/2013 - 10:14

Celoxica, a provider of ultra-low latency market data, order entry and pre-trade risk solutions, has hired Diane Saucier to head its business development in the US. »

Dow Jones Credit Suisse Hedge Fund Index up 0.42 per cent in May

Tue, 18/06/2013 - 10:01

The Dow Jones Credit Suisse Hedge Fund Index finished up 0.42 per cent in May with six of the 10 sub strategies recording positive returns. »

Lyxor launches a pure merger arbitrage fund on its alternative UCITS platform

Tue, 18/06/2013 - 06:03

Lyxor Asset Management has launched the Lyxor/Tiedemann Arbitrage Strategy Fund, a new UCITS-compliant vehicle designed to give access to a pure merger arbitrage strategy in partnership with the hedge fund firm TIG Advisors. »

LGT Capital Partners awarded GBP100m multi-alternatives mandate from Kingfisher Pension Scheme

Tue, 18/06/2013 - 06:00

LGT Capital Partnershas been awarded a GBP100 million multi-alternatives mandate from Kingfisher Pension Scheme. The mandate is focused exclusively on alternative investments and includes hedge funds, commodities, insurance-linked securities, property, private equity and other alternative asset classes. »