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Hedge funds down 0.40 per cent in May

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished May down 0.40 per cent, with five out of 10 strategies in positive territory. »


Bradford Paskewitz, founder and chief executive of Paskewitz Asset Management

Paskewitz Asset Management lists on AlphaMetrix

Paskewitz Asset Management has listed its S&P Contrarian Program as a TransparentFund on AlphaMetrix, an online marketplace for private investments. »


Long and short straws

Second long-short hedge fund launches on Entrepreneur Partners’ platform

Entrepreneur Partners has launched its second long/short hedge fund on its platform, the Trias L/S Fund. »


Graph

GlobeOp Forward Redemption Indicator measures 2.18 per cent in July

The GlobeOp Forward Redemption Indicator for July 2012 measured 2.18 per cent, down from 3.71 per cent in June. »


Computer screen

Imagine Software launches financial platform and App marketplace

Imagine Software, a provider of cloud-based portfolio and risk management solutions, has launched the Imagine Financial Platform (IFP) and the Imagine Marketplace. »


Beta

Van Eck acquires hedge fund beta business

Van Eck Associates has acquired a hedge fund beta business and team from Lyster Watson, and will be offering a suite of strategies called Trackers. »


Globe and money

Hedge fund capital inflows steady through volatile Q2

Investors continued to allocate new capital to the hedge fund industry in quarter two, exhibiting a clear and continued preference for strategies with characteristically low exposure to global equity markets, according to the latest HFR Global Hedge Fund Industry Report. »


Gavel

Firm to pay USD127.5m to settle charges

The Securities and Exchange Commission has charged the US investment banking subsidiary of Japan-based Mizuho Financial Group and three former employees with misleading investors in a collateralised debt obligation by using “dummy assets” to inflate the deal’s credit ratings. »


Anthony Palmer, founding director, BPL Global

BPL Global opens in Singapore

Berry Palmer & Lyle (BPL Global), a political risk insurance broker, has opened a Singapore subsidiary, following on from the opening of its Hong Kong branch in early 2011. »


Short selling

Short selling brothers agree to pay USD14.5m to settle SEC charges

Two options traders who the Securities and Exchange Commission charged earlier this year with short selling violations have agreed to pay more than USD14.5m to settle the case against them. »


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