Marina Lewin, managing director at BNY Mellon’s Alternative Investment Services business

Hedge fund assets for prime custody jump 40 per cent in two years

Thu, 13/09/2012 - 10:27

Hedge fund assets available for prime custody services now stand at an estimated USD684bn, a 40 per cent increase since 2010, according to BNY Mellon. »

Henry Kravis, co-founder, KKR

KKR’s Prisma Capital Partners acquisition on track to close in October

Thu, 13/09/2012 - 10:02

KKR has confirmed that all necessary consents and regulatory approvals to acquire Prisma Capital Partners have been obtained and that the closing is anticipated to occur in October 2012. »

Ben Chinea, chief executive and founder of Direct Access Partners

Direct Access Partners welcomes listed equity derivative team from IA Englander

Thu, 13/09/2012 - 05:50

Direct Access Partners, a diversified institutional financial services enterprise, has acquired the listed equity derivative trading team from IA Englander.  »

Abacus

Gottex reports operational loss of USD2.6m

Wed, 12/09/2012 - 16:27

Alternative asset management group Gottex Fund Management has reported an operational loss of USD2.6m for the six months ended 30 June 2012, in line with its expectations. »

Philip Masterson, senior vice president and managing director, SEI’s investment manager services division

C8 selects SEI for hedge fund operations outsourcing

Wed, 12/09/2012 - 16:14

C8 Investments has selected SEI to provide operational outsourcing services for the firm’s recently launched hedge fund. »

Crystal ball

Experts predict shift to centrally cleared OTC derivatives

Wed, 12/09/2012 - 14:28

Industry experts have predicted a transition from a bilaterally cleared OTC business to centrally cleared OTC derivatives, along with an increase in the volume of exchange-traded derivatives, according to a report from Celent. »

Stack of money

Hedge funds redeem USD7.4bn in July 2012

Wed, 12/09/2012 - 12:39

The hedge fund industry redeemed USD7.4bn (0.4 per cent of assets) in July, building on outflows of USD4.2bn in June, according to BarclayHedge and TrimTabs Investment Research.  »

London

Dalton Strategic Partnership appoints Eleanor Lee as analyst

Wed, 12/09/2012 - 11:57

Investment specialist Dalton Strategic Partnership (DSP) has appointed Eleanor Lee as an analyst to work on its European equities team. »

Trader

Hedge funds up 0.97 per cent in August

Wed, 12/09/2012 - 10:20

The Hennessee Hedge Fund Index increased 0.97 per cent in August and is up 3.82 per cent year-to-date. »

Euros

Hedge funds extend summer gains on euro optimism

Wed, 12/09/2012 - 06:28

Hedge funds posted gains for the third consecutive month in August, as the Euro advanced on optimism for a resolution of the European sovereign debt crisis. »

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