361 Capital, an asset management firm specialising in liquid alternative investments, is to expand its family of alternative mutual funds by launching a series of funds that will be sub-advised by single managers. In contrast to the alternative mutual funds
Hedge fund administration provider HedgeServ is opening a Cayman Islands office. Greg Bennett, managing director, will head a team of 12 professionals to provide full fund administration and middle office services to both hedge funds and funds of hedge funds
HSBC has launched a Sterling Class and a Sterling Institutional Class of its HSBC Ucits AdvantEdge fund of hedge funds. The Sterling classes of the HSBC Ucits AdvantEdge Fund will comply with the new reporting tax regime for offshore funds,
Finisterre Capital, an emerging markets total return specialist, has launched the Finisterre Emerging Markets Fund with USD250m of initial capital from the New York State Common Retirement Fund. The fund enables investors to gain exposure to the Finisterre strategies in
Final performance for the Credit Suisse/Tremont Hedge Fund Index has been confirmed up 0.88 per cent in December and 18.57 per cent for the year, the best annual return for the index in ten years. The event driven sector was
InfoSpi is to create a green hedge fund focusing on the carbon credit market. InfoSpi believes that demand for carbon offset credits will grow and there is a niche to generate investment revenue. Newly appointed Prince Carlos, who is heading
After four years of record volume trading, London Metal Exchange activity remained relatively flat in 2009 with total volumes of 111.9 million lots traded, down a modest one per cent on 2008’s 113.2 million total. Aluminium, copper and zinc were
Thames River Capital has launched a Ucits III absolute return fund of funds with GBP47m already raised. The Thames River Absolute Return Fund will be managed by alternatives specialist Ken Kinsey-Quick and assistant fund manager James Rous. The fund will
Atlantic Fund Services (AFS) has launched services for funds in Austria – the company’s seventh market around the world and its third new market in 2014. As well as its home market, the Polish company also offers its services in
The Newedge Volatility Trading Index fell by an estimated 1.28 per cent in December, following an estimated drop of 0.47 per cent the previous month. The index has returned 9.52 per cent since inception. From 1 November 2009, the MM
