Hedge Funds Care, a non-profit organisation which raises funds and awareness within the hedge fund industry to prevent and treat child abuse, will hold its 12th annual New York Open Your Heart to the Children Benefit on 25 February.  »

Deutsche Bank has launched a Ucits III compliant equity fund which aims to reduce volatility and drawdowns by implementing an enhanced option strategy. »

Alternative asset management firm Armajaro Asset Management has launched a fourth commodity hedge fund: the Armajaro STS Commodities Fund. »

A large portion of alternative investment firms may be hindering their capital raising efforts by not providing investors with access to online reporting systems, according to a survey by Netage Solutions. »

Investor confidence rose fractionally by 0.2 points to 104.5 in January from a revised December level of 104.3, according to the State Street Investor Confidence Index. »

The UK Financial Services Authority has approved Xtrakter to regulatory report exchange-traded derivatives using alternative instrument identifiers. »

Merchant Capital has launched a Ucits platform that aims to provide hedge fund managers of all sizes with a cost-effective vehicle for running their own Ucits III funds. »

The Commodity Futures Trading Commission has issued an order granting ICE Clear Europe registration as a derivatives clearing organisation pursuant to Section 5b(b) of the Commodity Exchange Act.  »

The joint venture between CLS Group and Traiana, an Icap company, to provide trade aggregation services to participants active in the over-the-counter FX market has gone live. »

A group of investment funds has filed a lawsuit against Porsche Automobil Holding and two of Porsche's former executives, Wendelin Wiedeking and Holger Haerter, seeking to recover over USD1bn in losses suffered as Porsche attempted a takeover of Volkswagen in 2008. »