A group of investment funds has filed a lawsuit against Porsche Automobil Holding and two of Porsche’s former executives, Wendelin Wiedeking and Holger Haerter, seeking to recover over USD1bn in losses suffered as Porsche attempted a takeover of Volkswagen in
The SS&C GlobeOp Forward Redemption Indicator for May 2014 measured 4.32 per cent, up from 3.23 per cent in April. “Forward redemptions increased for the month of May, with the bulk of activity representing typical semi-annual requests,” says Bill Stone,
The Austrian Government intends to hold its third EU allowance auction on 23 March for 300,000 EUAs, within the EU Emissions Trading Scheme, on the Climex Platform. For compliance companies under the EU ETS it is opportunity to become acquainted
Australian hedge funds rose by 1.11 per cent in December taking their return for the year to 17.41 per cent, according to Australian Fund Monitors. Equity based funds rose by 2.08 per cent in December, up 24.66 per cent for
In the wake of the investment scandals, market dislocations and regulatory scrutiny of the past year, transparency and liquidity risk have surpassed poor performance as the top concerns for institutional investors investing in hedge funds, according to a survey from
IntercontinentalExchange Group’s Liffe is to introduce futures based on the FTSE 100 Equally Weighted Net Total Return Index. Following regulatory approval, Liffe will launch the industry's first futures contract on the FTSE 100 Equally Weighted Index on 27 May 2014
Hedge funds have recouped 77 per cent of their 2008 losses, with 28 per cent of funds now fully recovered from their maximum drawdowns, according to a report by Credit Suisse Tremont. While global equity markets returned 27 per cent
A team of investment management specialists has launched Galileo Capital Management, an investment management and advisory firm with operations in London and Hong Kong. Founders Anders Jacobsen and Paul Thompson (pictured) have over 40 years’ combined experience in the investment
World Food is investing USD10m into Ghana in the form of equipment, infrastructure and employees to revive lifeless gold mines, according to South Africa Alpha Capital Management. In an update on the region, SA Alpha also says the IMF’s executive
Managed futures gained 0.15 per cent in April, according to the Barclay CTA Index compiled by BarclayHedge. The index is down 0.60 per cent in 2014. “A mid-month trend change in global equity markets kept managers on either side
