US institutions are increasing their use of highly liquid "flow" equity derivatives, but declines in asset values and a sharp falloff in hedge fund trading activity have driven down the volume of equity derivatives trades and the amount of commissions paid s, according to a report from Greenwich Associates. »

Collins Stewart Fund Management has launched the Collins Stewart Alternative Strategies Fund.  »

Guernsey’s fund servicing industry rose by more than six per cent to reach 2,057 funds and sub-funds at the end of June 2009, with total net assets of USD289.4bn (GBP175.7bn), according to figures from Lipper. »

Aros Capital Partners, the recently launched Anglo-Danish hedge fund manager, has appointed Tom Muchiri Kabuga as an analyst in its investment team. »

BlueCrest Capital Management has launched a multi-strategy equity market neutral fund called BlueCube.  »

Global Investment House has appointed Rajiv Nakani as senior vice president to head the company’s alternative asset management business. »

Naissance Capital, a Swiss-based alternative investments manager, has launched the Women’s Leadership Fund to invest in companies having a greater than average number of women in key roles. »

Hedge fund manager Molinero Capital Management has launched Molinero Global Markets Fund, a systematic CTA hedge fund. »

Man Investments has launched the latest addition to its flagship IP 220 family – Man IP220 Series 7.  »

Matrix Alternative Asset Management and PVE Capital have joined forces to raise a hedge fund which with further commitments will total some USD150m. »