Absolute Capital Management Holdings, which last year saw assets under management slump following investor redemptions, fund closures and a spin-off of its Argo fixed-income hedge fund bus
Altin has announced an equity buyback of five to ten per cent of its own stock in order to address the issue of its market price discount.
The Hennessee Hedge Fund Index declined 0.38% in April (+4.02% YTD), while the S&P 500 fell 0.75% (+11.16% YTD), the Dow Jones Industrial Average increased 0.01% (+8.16% YTD), and the NASDAQ Composite Index declined 1.46% (+16.94%). Bonds rallied, as the Barclays Aggregate Bond Index increased 1.11% (+1.42% YTD)
Charles Hepworth (pictured), the investment director responsible for GAM’s DFM business, shares his insights into the various asset classes to love and leave…
US asset manager BlackRock, which earlier this month announced plans to invest in alternative managers, has agreed to acquire the fund of funds business of Quellos Group for up to USD1.7bn
The HFN Hedge Fund Aggregate Average was up 5.39 per cent in May and is up 9.22 per cent for 2009, according to estimates from HedgeFund.net.
GlobeOp Financial Services is strengthening its European-domiciled hedge fund administration services following the licensing of its Dublin office by the Irish Financial Services Regula
Guernsey’s funds industry is outperforming its nearest competitor, according to Peter Niven, chief executive of industry promotional body Guernsey
The Lyxor Hedge Fund Index was up 0.7 per cent in June, with seven out of 12 Lyxor indices ending the month in positive territory. The index is up 1.6 per cent year-to-date. The Lyxor Merger Arbitrage Index (+1.7
The SS&C GlobeOp Forward Redemption Indicator for February 2014 measured 3.38 per cent, up from 2.67 per cent in January. "Redemption requests increased slightly for the month, but remain consistent with the February historical averages," says Bill Stone, chairman and
