GlobeOp to establish operation in Hartford, Connecticut
GlobeOp Financial Services is establishing a new operation in Connecticut that is expected to create 150 full-time jobs.
GlobeOp Financial Services is establishing a new operation in Connecticut that is expected to create 150 full-time jobs.

Prime euro-denominated money market funds (MMFs) suffered a near 12 per cent drop in assets under management (AUM) to EUR66.1bn, as investors keep searching for higher yields, according to Moody’s. US prime and offshore USD MMFs also recorded a
NewAlpha Asset Management, the Paris-based hedge fund incubation specialist, has made its 20th strategic investment with LindenGrove Capital, a recently launched London-based hedge fund management firm focused on global macro strategies. LindenGrove was founded by Borut Miklavcic, who had been
Société Générale Index (SGI) has launched SGI Global Security, a benchmark of the security sector worldwide.

Hedge funds posted their seventh consecutive monthly gain in May and the 11th gain in the last twelve months as strong performance in Equity Hedge and Event Driven strategies offset weakness in Macro and CTA strategies, according to data released

Managed futures lost 1.31 per cent in May, according to the Barclay CTA Index compiled by BarclayHedge. The index remains up 0.61 per cent year to date. “May’s trend reversal in global interest rates coupled with a 12

The Lyxor Hedge Fund Index was up 3.1 per cent in 2012 with a 1.1 per cent rise in December. Twelve Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Merger Arbitrage Index

China’s growth may have declined in recent years. but the country still has much to offer investors, says Jean Médecin, a member of Carmignac Gestion’s investment committee… Since the credit and infrastructure spending fuelled recovery of 2009/2010, China’s growth has
Lyxor AM has licensed the Dow Jones STOXX 600 Supersector Indexes and the Dow Jones Turkey Titans 20 Index to serve as underlying for ETFs.

Dominion Corporate Group, a financial services firm with offices in Jersey and Luxembourg, has unveiled a new name – Crestbridge – having undergone a re-branding. Crestbridge specialises in providing administration and management services to fund sponsors and fund managers.