Erica Handling, Ashurst's head of structured finance

Ashurst strengthens structured funds practice

Law firm Ashurst has hired Nick Terras to join its derivatives products group. »


Laptop

Koger releases latest version of NTAS

Koger, a provider of software and services for the fund administration industry, has launched the next version of NTAS, its transfer agency solution. »


Pension

New Haven pension fund selects IndexIQ for alternative investment allocation

The City of New Haven’s Employee Retirement Fund has invested USD8m in IndexIQ’s multi-strategy hedge fund replication separately managed account vehicle. »


Index

Hedge funds record lowest performance since November 2008

The Credit Suisse/Tremont Hedge Fund Index lost 2.76 per cent in May, its lowest performance since November 2008. »


David Harding, founder and managing director of Winton Capital Management

Deutsche Bank and Winton launch Ucits III fund

Deutsche Bank and Winton Capital Management have launched a Ucits III compliant version of Winton’s flagship Diversified Program. »


Seed

NewAlpha launches fourth hedge fund seeding vehicle

NewAlpha has launched NewAlpha Genesis 4, a contractual fund currently being established with a view to invest in French and foreign hedge funds run by early-stage fund managers. »


Gibraltar

Gibraltar ends distinction between onshore and offshore business

The government of Gibraltar has published the text of the new, amended and consolidated Income Tax Act, which ends all distinction between “onshore” and “offshore” business. »


Will Rhode, a research analyst at Tabb Group

Equity swaps critical tool for hedge funds accessing emerging markets

Hungry for alpha, hedge funds are turning to equity swaps and synthetic prime to access emerging markets offering attractive spreads and easily identifiable risk arbitrage opportunities. »


Managed futures

Barclay CTA Index down 0.77 per cent in May

Managed futures lost 0.77 per cent in May, according to the Barclay CTA Index compiled by BarclayHedge. »


Islamic

Islamic banking regulation to be implemented in Afghanistan

H.E. Abdul Qadir Fitrat, governor of the Central Bank Afghanistan, says the regulation of Islamic banking in Afghanistan should be implemented in the country within next two months. »


Upcoming events

1 day 12 hours from now - London
3 days 12 hours from now - London
1 week 1 day from now - Rhode Island
1 week 1 day from now - Rhode Island
1 week 2 days from now - Boston

Upcoming training