All news

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. »

Jigsaw pieces

Quintillion completes integration of Advent Geneva and HWM Mantra

Quintillion, a hedge fund administration firm, has completed the integration between HWM Mantra, its investor registration and incentive fee calculation system, and Advent Geneva, its accounting platform. »

Oil rig

Spectron launches European fuel oil desk

Spectron, the commodities brokerage, has extended its market coverage to include European fuel oil.  »

Money thumbs up

Eight out of ten hedge fund strategies positive in July

The Dow Jones Credit Suisse Hedge Fund Index gained 1.59 per cent in July, its highest performance since March 2010. »

Irish flag

Ireland removes requirement for non-resident declarations by fund investors

Dechert’s Declan O’Sullivan and Conor Durkin outline recent changes in revenue practice under which Irish funds may obtain an exemption from the Irish Revenue Commissioners making it easier for investors to subscribe for shares/units in an Irish fund. »

Shaun Lynn, president of BGC Partners

BGC Partners acquires Mint Partners’ key businesses

BGC Partners, an intermediary to the wholesale financial markets, has completed the acquisition of various assets and businesses of Mint Partners and Mint Equities through BGC Brokers. »

Dublin

Morgan Stanley debuts event-driven newcits on FundLogic platform

US bank Morgan Stanley has become the latest player in the newcits arena by adding its first Ucits III-compliant hedge fund onto its FundLogic platform »

Ladder and US Dollars

UCITS attracts USD5 billion in inflows July YTD

The latest research report by Singapore-based firm, Eurekahedge, reveals that last month European hedge funds recorded th »