The SS&C GlobeOp Forward Redemption Indicator for May 2013 measured 3.77 per cent, up from 2.95 per cent in April. “Redemption requests are in line with the May historical averages,” says Bill Stone, chairman and chief executive officer, SS&C
State Street Corporation has announced the appointment of Nick Wright as senior vice-president and chief operating officer of State Street’s investment servicing business in the UK, Middle
Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. Nelson Louie, global head of commodities in Credit Suisse’s asset management business, says: "Based on the July Purchasing Managers Index reports, global growth
CFA Institute, the association for investment professionals, launched the Claritas Investment Certificate yesterday at its 66th Annual Conference (19-22 May in Singapore). The new education programme provides a thorough understanding of how the investment industry works and represents a
Halbis, the active asset management specialist of the HSBC Group, has announced plans to launch the India Alpha Fund, managed by its award-winning team of Indian equity specialists headed
Eleven out of 13 of the EDHEC-Risk Alternative Indexes recorded positive returns in April. Equity-focused strategies all exhibited returns consistent with their modelled exposure which has been rather low lately, with a slightly negative implied alpha however: long/short equity (0.65 per
Isle of Man Treasury Minister Allan Bell has unveiled a report on the island’s fund industry that sets out a blueprint for the continued growth of the sector and in particular to boost its
Hedge funds have become Wall Street darlings following the spectacular initial public offering last month of Fortress Investment Group, a New York hedge fund and private equity manager with USD29.9
Hedge funds posted gains across equity hedge, event driven and relative value arbitrage strategies in July, as most strategies reversed losses from the prior month on strong earnings, acceleration of M&A activity, moderating concerns of a sharp rise in interest
Standard & Poor’s has announced that its credit ratings will be made available to the hedge fund community through Sky Road’s integrated technology platform.
