Hedge funds advanced for the 6th straight month in December to close 2010 at a high for the year, according to the latest results from the Greenwich Global Hedge Fund Index (GGHFI). All major Greenwich Hedge Fund strategy groups finished
The London Metal Exchange (LME) is celebrating another record year with volumes 10 per cent higher and a series of industry awards. The Exchange won six awards in 2012, including Commodities Exchange of the Year (awarded by Commodities Now), Chief
Managed futures gained 2.85% in December according to the Barclay CTA Index compiled by BarclayHedge. The Index was up 6.26% for the year. “As investor psychology fluctuated between risk-on and risk-off during 2010, the major market sectors – equities, bonds,
Pinnacle Fund Administration, a provider of full service fund administration services to onshore and offshore alternative investment vehicles, has expanded its North American operations with the opening of a new Vancouver office. Pinnacle Canada Fund Administration Ltd, will be
By Duncan Crawford – Revenue pressures coupled with increased costs are forcing many in the industry to overhaul their business models in an attempt to capture new revenue streams. The alternatives industry has radically changed and the turmoil created by
I.A. Englander has entered into a definitive agreement to acquire Alaris Trading Partners. The terms of the transaction, which is subject to review and approval by the Financial Industry Regulatory Authority, were not disclosed. One of the largest independent US
Arden Asset Management has launched an open-end mutual fund, the Arden Alternative Strategies Fund, with more than USD700m in assets, which offers investors access to professionally-managed hedge fund strategies. The fund seeks to achieve a relatively low correlation to the
Private equity firm GTCR has entered into a partnership with David Minella to form Aligned Asset Managers (AAM), which will focus on building a multi-strategy asset management platform through substantial equity investments in firms across alternative and traditional asset classes.
Fortigent, a provider of high-net-worth solutions and consulting services, has formed a partnership with Central Park Group, an independent investment advisory firm that delivers private client and smaller institutional investors access to institutional hedge fund, private equity, real estate and
Monday evening (10 Jan 2011) at the Barclays Wealth office in Brook Street, London, saw the official launch of a new product by Ifina. Entitled the Primary Development Fund, it provides a one-stop shop solution for unregulated managers looking to
