Lawsuit

Ageas receives support in proceedings against hedge funds holding MCS

Insurance company Ageas has received full support from the Commercial Court of Brussels in summary proceedings against certain hedge fund owners of mandatory convertible securities. »


Hakan Valberg, senior vice president and general manager, Advent Software EMEA

Advent Software moves to larger office in Dubai

Advent Software, a provider of software and services for the investment management industry, has moved to a larger office in Dubai within the precincts of the Dubai International Financial Centre. »


Hands at keyboards

Empaxis Data Management becomes independent company

Empaxis Data Management, a provider of back office services for independent investment advisers, has completed its management-led buyout from Aspiriant.  »


Sack of money

Hedge fund assets surge to highest level since April

The hedge fund industry posted an inflow of USD3.8bn (0.2 per cent of assets) in September 2010, the third straight inflow as well as the sixth in eight months, according to TrimTabs Investment Research and BarclayHedge.  »


Index

Lyxor Hedge Fund Index up 1.44 per cent in October

The Lyxor Hedge Fund Index was up 1.44 per cent in October, bringing its year-to-date performance to 4.30 per cent. »


Job page

PineBridge appoints George Hornig as chief operating officer

PineBridge Investments has hired George R. Hornig as senior managing director and chief operating officer.  »


David Bruce, Investcorp

Investcorp appoints David Bruce for hedge funds business

Alternative asset manager Investcorp has appointed David Bruce as a managing director and co-head of North America institutional sales for its hedge fund business. »


Cayman Islands

Cayman on track to register 1,200 hedge funds in 2010

Offshore hedge fund jurisdiction Cayman Islands expects to register 1,200 new open-ended funds in 2010. »


Brian McDermott, head of investment funds at A&L Goodbody

A&L Goodbody remains top legal adviser in Irish funds industry

A&L Goodbody remains the leading Irish legal adviser to the Irish funds industry, representing domiciled and non-domiciled funds with a combined asset value in excess of USD238bn, according to the Lipper Ireland Fund Encyclopaedia 2010/2011. »


Veit Schuhen, Maitland

Maitland reaches USD100bn assets under administration

Maitland, a fund administrator, has reached USD100bn of assets under administration. »


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