Isle of Man fund administrator Portal aims for USD1bn by year-end

Isle of Man fund administrator Portal, a joint venture between insurance manager Thomas Miller and Boston, a multi-family office and wealth management firm based on the island, says it is »


SEC charges hedge fund adviser and principals with USD60m investment fraud

The Securities and Exchange Commission has filed an enforcement action against a Salt Lake City investment advisory firm and three of its principals for making undisclosed high-risk invest »


Spain's Altex launches fund of funds in partnership with GLG

Madrid-based fund of hedge funds manager Altex Partners has received approval from the national securities regulator, the Comisió »


Hedgemedia's AltInvestment Global News Round-Up: Focus Capital becomes latest casualty of market turbulence

Focus Capital of Geneva and New York is considering liquidation after seeing much of its Swiss mid-cap equity investments wiped out. »


Portware offers Genesis Securities' advanced execution solutions

Portware, a provider of broker-neutral multi-asset trading solutions, has announced its integration with direct access broker-dealer Genesis Securities, which has become a certified destin »


Hedge fund manager Millennium acquires Castlegrove assets

Millennium Capital Management has acquired the assets of Castlegrove Capital, a London multistrategy hedge fund manager active in global equity markets. »


Relationships - the key focus for Asian funds

One of the leading international providers of services to hedge funds and other alternative investments, UBS is perhaps better known as the largest wealth manager in the Asia-Pacific region and glo »


Affiliated Managers Group opens Middle East sales office in London

Affiliated Managers Group, a diversified asset management group that invests in both traditional and alternative managers and had USD283bn in assets at the end of last year, is opening an »


Eddington responds to market liberalisation plans with UK-listed fund of funds product

Fund of hedge funds manager Eddington Capital Management has announced the launch of a UK-listed note issued by Nomura International that invests in two of the firm's funds of funds and is »


Altis sees no capacity issues as it passes USD1bn milestone

Jersey-based hedge manager Altis Partners has reached USD1bn in assets after doubling its assets under management over the past year and reported a record return of 22 per cent in February »


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