Polar Capital hires two to build healthcare business unit

Specialist asset management group Polar Capital Holdings has announced the recruitment of Gareth Powell and Daniel Mahony to set up a healthcare business unit and launch the Polar Capital »

Arrow Funds launches new alternative retail product

US investment manager Arrow Funds has launched an open-ended mutual fund, the Arrow Alternative Solutions Fund, which seeks to provide absolute returns via three long/short investment stra »

Investcorp and Washington Corner Capital Management announce strategic partnership

Investcorp, a global provider of alternative investment solutions, and Washington Corner Capital Management, a credit-based investment platform newly founded by Ed Banks, have announced a »

BNP Paribas expands hedge fund relationship team

BNP Paribas has announced the expansion of its hedge fund relationship team with the appointments of Conrad Johnson as a director in New York and Stephanie Wong as an associate director in »

NYSE Euronext sees ETF and derivatives growth in October

The NYSE Euronext group, which owns six cash equities and six derivatives exchanges, saw continuing vigorous growth in exchange-traded fund turnover on both sides of the Atlantic during Oc »

GLG joins move into retail funds with Virgin climate fund

GLG Partners will become the latest hedge fund manager to manage a traditional investment vehicle aimed at retail investors with the launch of the Virgin Climate Change Leaders Fund, promo »

Riskdata releases next version of hedge fund risk solution HedgiX

Riskdata, a provider of risk management solutions to the global alternative investment community, has announced the release of HedgiX 3.0, a major upgrade to its risk management software d »

Irish fund industry assets top USD1.6trn, says Lipper

Funds serviced in Ireland reached USD1,633.3bn in assets at the end of June, reflecting annual growth of almost 35 per cent from USD1,212.4bn 12 months earlier, according to the 13th editi »

DIFX launches Islamic structured products segment on TraX platform

The Dubai International Financial Exchange is preparing to list a range of Islamic structured products that will offer investors Shariah-compliant opportunities on the exchange's new TraX »

BidRoute online equities price discovery goes live for MiFID deadline

Equity portfolio trading portal BidRoute has gone live to coincide with the introduction of the European Union's Markets in Financial Instruments Directive, which requires dealers to be ab »

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