A collateral management service developed for customers of both Clearstream and BNP Paribas Securities Services has now launched across multiple markets and for both fixed income and equities. »

Six out of seven of IndexIQ’s Investable Hedge Fund Replication Indexes recorded positive returns in April, according to data released by the company. »

The Luxembourg Stock Exchange is branding its project to build a fund market infrastructure as Fundsquare. »

EMEA Capital, the independent asset management firm, has appointed Can Uran as managing partner and chief investment officer. »

The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.72 per cent in April as six of the seven index component strategies reported positive results for the month. »

Singapore Exchange (SGX) has reported growth in derivatives and commodities trading in April. »

Backstop Solutions Group, a Software-as-a-Service provider to the alternative asset management industry, has acquired the PerTrac CMS product line, a customer relationship management tool built exclusively for the institutional investment community. »

The Credit Suisse Liquid Alternative Beta Index was up 1.11 per cent in April, according to Dr Jordan Drachman, head of alternative beta strategies at Credit Suisse. »

Och-Ziff Capital Management Group has reported GAAP net income of USD26.1m, or USD0.17 per basic and diluted class A share, for the first quarter ended 31 March 2013. »

Hedge funds performed well in April, with the HFRX Global Hedge Fund index closing up 0.6 per cent for the month and up 3.8 per cent for the year-to-date. »