All fund servicing centres – Dublin, Luxembourg, Guernsey, Cayman – have capacity issues, but of the genuine island offshore centres, Jersey is not only most populous but the best established in te
Hedge fund manager Bridgewater Associates has appointed Northern Trust to independently replicate certain middle and back-office services for its approximately USD140bn in assets under management, as part of Bridgewater’s ongoing back office transformation plan. In a role that will create
The change of the law in 2004 allowed hedge funds and funds of hedge funds to be launched under German regulations for the first time.
Hedge funds climbed in December as equities posted strong gains on the year’s final trading day in anticipation of the passage of legislation to avert the US Fiscal Cliff. The HFRI Fund Weighted Composite Index gained 1.3 per cent for
By the Malta Financial Services Authority – Investment services regulation The Investment Services Act (the “ISA”) provides for the authorisation of investment services providers and for collective investment schemes operating in or from Malta. In considering an application for a
Fall River Capital has retained Frank Pusateri to lead its marketing efforts and advise on its product strategy.
Lyxor Asset Management is strengthening its presence in the UK and is expanding into managed credit solutions. Pierre Gil has been appointed chief executive of Lyxor UK. Based in London, Gil reports to Lyxor’s CEO Inès de Dinechin and locally
MD Sass and the Macquarie Group have launched a joint venture to manage a fund that seeks out and seeds innovative alternative investment managers.
The Hennessee Hedge Fund Index advanced 1.45 per cent in December and is up 6.99 per cent year-to-date. The S&P 500 increased 0.71 per cent (+13.40 per cent YTD), the Dow Jones Industrial Average gained 0.60 per cent (+7.26 per
The Hedgeweek USA Awards 2013 presented earlier this month in New York City brought together the leading names in the US hedge funds industry to celebrate the achievements of the best performing managers and service providers in 2012. Delivering the
