PFPC establishes fund services operation in Poland

PFPC, a member of the Wilmington, Delaware-based PNC Financial Services Group, has announced plans to launch fund administration and hedge fund services in Poland this month, following the »

Index providers confirm hedge funds' decline in January

US hedge fund investment advisory firm Hennessee Group has reported that the Hennessee Hedge Fund Index it compiles fell by 2.45 per cent in January, while Chicago-based Hedge Fund Researc »

Matrix provides CGT option for more funds of hedge funds

Matrix has drawn up plans to mirror its open-ended funds of hedge funds with closed-ended versions whose gains qualify for capital gains tax in the UK. »

Axa Investment Managers strengthens fund of hedge funds business

Axa Investment Managers has strengthened its fund of hedge funds business division with the appointments of Rajiv Jaitly as chief operating officer, Sharmila Soosaipillai as senior operati »

CFTC authorises US sale of eight Eurex futures contracts

The Office of General Counsel of the US Commodity Futures Trading Commission has announced it has issued a no-action letter permitting the offer and sale in the US of eight Eurex futures c »

GLG Partners sees net assets rise 62 per cent to USD24.6bn in 2007

UK-based alternative asset manager GLG Partners, which acquired a New York Stock Exchange listing last November through a reverse takeover, has reported record net revenues, capital inflow »

Hedge funds stumble in January as indices show declines across strategies

Hedge funds lost an average of 3.60 per cent in January, according to the Barclay Hedge Fund Index, while indices compiled by Dow Jones and MSCI both showed negative performance across a r »

Hedgemedia's AltInvestment Global News Round-Up: Calpers sells USD3bn private equity portfolio in record secondary deal

The California Public Employees' Retirement System, the world's fourth largest pension scheme, has sold a private equity portfolio valued at USD3bn to a group of five investors in what has »

Administrator OpHedge hires Peter Sanchez as chief executive

Middle- and back-office administrator OpHedge Investment Services has appointed as its new chief executive Peter Sanchez, who was most recently global head of capital markets securities wh »

Canada's Arrow Hedge and Marret launch hedge incubator fund

Arrow Hedge Partners and Marret Asset Management have launched a hedge fund incubator vehicle, Accelerator Capital Fund, that will invest in early-stage hedge funds managed by seasoned but »

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