New York

Bruce Wolf joins Integral Development from Citi

Integral Development, a provider of FX trading solutions and services, announced has appointed Bruce Wolf as a managing director in its sales team. »


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All hedge fund styles up at end October, says Man

Hedge funds secured another positive return in October, with all styles proving profitable as risk appetite remained positive on the expectation of an imminent announcement of further quantitative easing by the US Federal Reserve, according to hedge fund provider Man. »


Rod Palmer, partner and global head of investment funds with Walkers

AIFM Directive approval boosts fund industry in Cayman Islands, BVI and Jersey

Law firm Walkers says the confirmation of the final terms of the Alternative Investment Fund Managers Directive and the removal of uncertainty for non-European Union fund managers marketing non-EU funds in the EU is a very positive development for the investment funds industry in the Cayman Islands, British Virgin Islands and Jersey. »


Union Jack

Man appoints Richard Phillips as head of UK retail

Following the acquisition of GLG by Man on 14 October, Man has appointed Richard Phillips as head of UK retail for the combined business. »


Job page

Ratio Asset Management hires Alice Squires as head of investor relations

Ratio Asset Management, a European equities alternative investment firm, has hired European small and mid-cap veteran Alice Squires to head its investor relations function.  »


Germany

Merchant signs agreement for Ucits distribution in Austria and Germany

Merchant Capital, the independent Ucits umbrella provider to the hedge fund industry, has formed a partnership with Altarius Group to provide lines of distribution across Austria and Germany for its stable of Ucits funds. »


Andrew Aziz, executive vice president of buy-side solutions, Algorithmics

Algorithmics adds customisation capabilities to Algo Risk Service

Algorithmics, a provider of risk solutions, has expanded the customisation capability of Algo Risk Service, a hosted risk management, portfolio analytics and decision support tool, by adding eight new service extensions. »


Handshake

HSBC expands alternative investments division

HSBC has appointed Phelim Bolger to its alternatives division, HSBC Alternative Investments, as head of UK sales reporting to Florence Picon. »


Piggy bank

Wiltshire Capital and PCE launch credit fund

A new European credit fund, the Wiltshire Credit Opportunities Fund, is being sponsored by nabInvest, National Australia Bank's direct asset management business. »


Graph

Salus Alpha Directional Markets up 1.97 per cent month to date

As of 29 October the Salus Alpha Directional Markets VT heads the list of Salus Alpha Funds with a 1.97 per cent month-to-date return.  »


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