All news

Risk

S&P expands range of risk control indices

Standard & Poor’s is extending its range of risk control indices with the launch of two risk control index series.  »

Auction

Dutch allocation auctions to be held on 14 October and 18 November

The Dutch Ministries of Housing, Spatial Planning and the Environment and Economic Affairs intend to auction four million EU emission allowances on Climex in two consecutive auctions, which are scheduled for 14 October and 18 November 2010. »

Bruce W. Madding, president and chief investment officer, C.M. Capital

C.M. Capital appoints Bruce W. Madding as president

C.M. Capital has appointed finance and investment veteran Bruce W. Madding as president and chief investment officer. »

Trader at screen

SEI to provide collateral management solution for OTC derivatives

SEI has expanded its middle office outsourcing services to include collateral management for over-the-counter derivatives. »

Handshake with globe

Luke Ellis to head Man’s multi-manager business

Man has appointed Luke Ellis as head of its multi-manager business. »

Traders

Illiquid trading dominates as secondary market awaits locked up funds

Hedgebay’s monthly secondary market index continued its general trend of recent months with near-par trading, deals at around 100 per cent of NAV, once again in short supply. »

Document and pen

Chi-X Europe receives offer enquiry from third party

Chi-X Europe, the pan-European equities exchange, has received an enquiry from a third party which may or may not lead to an offer for the whole or partial sale of the company. »

Numbers and magnifying glass

Insparo chooses Throgmorton for back office accountancy services

Insparo Asset Management, the frontier markets investment specialist, has appointed Throgmorton UK, one of the UK’s largest accountancy and professional service providers to the hedge fund, private equity and corporate finance industries, to deliver a range of accountancy and back office services. »

Kevin Ewer, portfolio manager at Blue Ink Investments

Interest rate volatility boosts South African hedge funds

A combination of a volatile interest rate environment and increased regulation imposed on US banks regarding the use of capital for proprietary trading has boosted the performance of local South African hedge funds during the first half of 2010.  »

Managed futures

Managed futures post mixed returns for July

Managed futures managers experienced mixed performance for July, the latest report from Lipper Tass shows. »

Crystal ball

Hedge funds will confront macro-arbitrage opportunities after summer lull

The structure of the hedge fund business is now more at risk of declining if performance is not sustained, a report by Lipper says. »

Guillermo Worlicek, Ayaltis

Ayaltis Acantias Offshore fund is launched

Ayaltis has launched the Ayaltis Acantias Offshore fund, a fund of hedge funds focused on undervalued assets in the stressed and distressed credit space. »

Trader

Morningstar 1000 Hedge Fund Index rises 2.7 per cent in July

The Morningstar 1000 Hedge Fund Index rose 2.7 per cent in July, while the currency-hedged Morningstar MSCI Composite Hedge Fund Index climbed 0.9 per cent. »

Seed capital

Moody Aldrich and Wilshire launch hedge fund seeding platform

Moody Aldrich Partners, a privately held investment firm in Boston, has reached an agreement with Wilshire Funds Management, a business unit of Wilshire Associates, to assist in the development of its open architecture hedge fund seeding platform called MAP Harvest Fund.   »

Long and short straws

Long/short equity can offer better opportunity than long-only, says Credit Suisse

Long/short equity strategies appear to offer an alternative investment opportunity for equity investors versus long-only investing, a paper by Credit Suisse says. »

Paul Wilcox, chairman, Way Group

Way Group launches Absolute Return Portfolio Fund

The Way Group has launched the Absolute Return Portfolio Fund, one of three new investment funds to use a new tiered performance fee structure. »

Tim Levy, chief executive of Future Capital Partners

Future Capital chief executive set for Northwest Passage expedition

Tim Levy, chief executive of GBP6bn alternative investment firm Future Capital Partners, is about to embark on a expedition led by Bear Grylls through the Northwest Passage. »

Coal mine

Ginga goes live with electronic coal trading system

Ginga Petroleum, a company offering broking services for the energy markets from Singapore, has gone live with a trading screen for its coal brokers using Trayport’s GlobalVision Broker Trading System. »

Cobalt

LME reports encouraging start to cobalt and molybdenum trading

Cobalt and molybdenum have made an encouraging start to trading on the London Metal Exchange with volumes, liquidity and open interest building well since the launch on 22 February this year. »

Open lock

Merrion opens up High Alpha Fund

The Merrion High Alpha Fund reached its three year anniversary on 16 August, having delivered growth of 103 per cent since launch and 26.6 per cent per annum. »