The Managed Funds Association is planning to gather information from hedge funds, funds of funds and managed futures funds for use in its industry education and advocacy efforts using PerTrac P-Card. »

British Virgin Islands-based investment manager Bluenose Capital Management is on schedule to launch the onshore version of its flagship offshore fund on 1 March. »

BarclayHedge has revealed the names of the 12 currency programmes that will comprise the Barclay BTOP FX Index for the year 2010. »

The Bahamas has concluded Tax Information Exchange Agreement negotiations with 23 countries, signed ten agreements and will meet the G20/OECD’s March 2010 deadline of a minimum of 12 signed agreements. »

Veritas Asset Management is making its global hedge fund available to retail and institutional investors for the first time.  »

BNY Mellon has been appointed by GLG MMI, the fund of hedge fund division at GLG Partners, as custodian and fund administrator for its entire fund of hedge fund business. »

NYSE Euronext’s trading volumes in December 2009 were mixed, with European derivatives volumes increasing 40.8 per cent and US options trading volumes increasing 92.2 per cent versus the previous year.  »

The Hennessee Hedge Fund Index gained 24.6 per cent in 2009, according to data from Hennessee Group. »

Benchmark (USA), an alternative investment manager with over USD1.7bn in assets under management, has retained Prime Fund Solutions, an administrator in the alternative asset management industry, to provide administration, custody and financing services for its funds of hedge funds. »

M&A in the global asset management industry in 2009 was dominated by mega-deals, with a record nine transactions announced involving firms with more than USD100bn in assets under management. »