MPC Investors continues expansion with appointment of Ajay Gambhir from JPMorgan

Independent asset manager MPC Investors has recruited Ajay Gambhir from JPMorgan Asset Management, where he was managing director and led the European high alpha team, to launch a new Euro »

Old Mutual launches Shariah-compliant hedge fund

Old Mutual Asset Managers (UK) has launched the Old Mutual Al Saqr Fund, an equity market neutral hedge fund that is managed in accordance with Shariah principles, including the use of Mur »

Institutional investors more comfortable with hedge funds, says survey

The governing bodies of institutional investors have become significantly more comfortable with the idea of investing in hedge funds over the past year, according to the third institutiona »

HSBC's Halbis to launch long/short India Alpha Fund

Halbis, the active asset management specialist of the HSBC Group, has announced plans to launch the India Alpha Fund, managed by its award-winning team of Indian equity specialists headed »

Guernsey protected cell company fund converted to ICC

A Guernsey protected cell company has become the first to be converted into an incorporated cell company, in the process becoming the world's largest mutual fund to adopt the new ICC struc »

Isle of Man unveils blueprint for fund industry growth

Isle of Man Treasury Minister Allan Bell has unveiled a report on the island's fund industry that sets out a blueprint for the continued growth of the sector and in particular to boost its »

Investor demands drive service evolution

Two significant trends are well underway in the hedge fund arena. »

Fortress windfall warms managers to benefits of transparency

Hedge funds have become Wall Street darlings following the spectacular initial public offering last month of Fortress Investment Group, a New York hedge fund and private equity manager with USD29.9 »

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