Asset Alliance launches multi-strategy futures fund of funds
New York-based Asset Alliance has announced the launch of an SEC-registered managed futures fund of funds, the BTOP50 Managed Futures Fund, based on the industry benchmark Barclay CTA Inde
New York-based Asset Alliance has announced the launch of an SEC-registered managed futures fund of funds, the BTOP50 Managed Futures Fund, based on the industry benchmark Barclay CTA Inde
SGAM Alternative Investments has received authorisation in France, Italy, Portugal, the Netherlands, Spain, the United Kingdom, Austria and Germany for SGAM AI Equity Fund, a Ucits III Sic
The Hennessee Hedge Fund Index increased by 2.45 per cent in May and is up by 7.86 per cent for the first five months of 2007, according to Hennessee Group, a registered adviser to hedge f

State Street Corporation and InfraHedge, a UK-based company providing an independent governance and risk management infrastructure for institutional investors to invest in hedge funds through managed accounts, have formed a new strategic alliance marked by State Street’s majority equity investment
Allocations to hedge funds have slowed to their lowest level since the fourth quarter of 2005 as volatile financial markets prompt investors to adjust strategy exposures, according to Chic
Barclays Capital, the investment banking division of Barclays Bank, has announced plans to launch a note linked to the US Opportunities fund, a US-focused equity long/short fund of hedge f
Early estimates indicate that the HFN Hedge Fund Aggregate Average, an equal weighted average of all single-manager hedge funds and CTA/managed futures products in the HedgeFund.net databa
Oaks, Pennsylvania-based SEI has passed the USD100bn mark in alternative investment assets under administration, bringing worldwide total assets administered by the firm to more than USD42
Institutional investors are poised to pump USD85bn of new money into hedge funds and funds of hedge funds over the next 12 to 18 months, according to a survey of more than 950 institutions
Forty per cent of fund managers worldwide have diversified into long-only funds and 30 per cent into alternatives over the last three years, causing convergence between investment strategi