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Hong Kong

MCP Asset Management acquires Sparx International (Hong Kong) Ltd

Thu, 09/09/2010 - 17:36

Hong Kong-based FoHFs firm, MCP Asset Management, has acquired SPARX International (Hong Kong) Ltd, the local arm of SPAR »

Map of India

Indian hedgies outperform Asia, August another challenging month

Thu, 09/09/2010 - 17:34

Latest figures by leading US research firm, Hedge Fund Research, show that August was yet another tough month for hedge f »

Claude Kremer, chairman of Alfi

Ching Yng Choi to head Alfi’s Asia office

Thu, 09/09/2010 - 16:02

The Association of the Luxembourg Fund Industry has appointed Ching Yng Choi as the head of its Asia office. »

Accounts

Gottex reports positive cash earnings for first half of 2010

Thu, 09/09/2010 - 14:45

Gottex Fund Management, an alternative asset management group, had positive cash earnings for the six months ended 30 June 2010, but its financial performance was impacted by a reduction in the asset base and a delay in the return of incentive fees. »

Index

HFRI Fund Weighted Composite Index up 0.38 per cent in August

Thu, 09/09/2010 - 13:42

The HFRI Fund Weighted Composite Index gained 0.38 per cent for August, with strong performance in macro and relative value strategies only partially offset by weakness in equity hedge and event driven funds. »

Edward Joyce, CBOE president and chief operating officer

CBOE Futures Exchange to launch first options contract

Thu, 09/09/2010 - 13:10

The CBOE Futures Exchange plans to introduce trading in its first options on a futures contract – Weekly options on VIX futures – on 28 September, subject to regulatory approval. »

Handshake

Citi names Steve Pitkin head of investor services for hedge fund services

Thu, 09/09/2010 - 12:29

Citi has named Steve Pitkin head of investor services for its hedge fund services unit within global transaction services. »

Swiss flag

Swiss single hedge fund industry on the upswing

Thu, 09/09/2010 - 11:57

Despite the financial crisis and scandals, the hedge fund industry in Switzerland is well on track. »

Trader at screen

GAM launches market neutral credit fund

Thu, 09/09/2010 - 11:11

GAM has launched its first market neutral credit fund with credit manager DCI. »

Trader

Hedge funds decline 0.55 per cent in August

Thu, 09/09/2010 - 10:22

The Hennessee Hedge Fund Index declined 0.55 per cent in August, taking its year-to-date performance to +1.32 per cent. »

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