Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index extended its positive performance into October, gaining 1.34 per cent for the month. Many managers were able to capitalise on October’s market momentum enabling nine out of the ten
Despite an increase in average costs, a unanimous rise in business volumes and a robust increase in fee, commission & premium income meant that investment management profitability grew strongly for the sixth consecutive quarter, according to the latex CBI/PwC Financial
LCH.Clearnet and Chi-X Europe will this week launch the world’s first contract-for-difference (CFD) clearing service for institutional investors. The centrally cleared CFD (ccCFD) service has been designed to fit with existing market practices. Institutional investors will be able to source
The hedge fund industry posted an inflow of USD3.8bn (0.2 per cent of assets) in September 2010, the third straight inflow as well as the sixth in eight months, according to TrimTabs Investment Research and BarclayHedge. Assets surged 2.5 per
International derivatives exchange Eurex will offer its Trader Development Program in 2011 in response to high customer demand. Now entering its fifth year, the program will also introduce new incentives to attract more traders to the Eurex exchange, including educational
LIG Assets has entered into an alliance with Texas Real Estate Hedge Fund to invest, acquire, manage and finance commercial real estate properties. Geographically these assets will be well located properties in the Southwest, West and Midwest sectors of the
A forensic examination of performance, by strategy type, shows that 2012 was a hugely successful year for many hedge fund managers, says Stefan Kellar (pictured), Head of MAP Research at Lyxor Asset Management. Speaking with Hedgeweek at the Lyxor 5th
The US Commodity Futures Trading Commission (CFTC) has filed and simultaneously settled charges against Forex Auto Profits, LLC (FAP) and its founder, Darren L Shanks, formerly of South Jordan, Utah, for fraud and misappropriation in connection with operating a foreign
Four of the seven IQ Hedge family of investable hedge fund replication indices recorded positive returns in January, according to data released by IndexIQ. The IQ Hedge Long/Short Beta Index was the top performer, returning 1.77 per cent, followed by
Skandia Investment Group has moved swiftly following the news that Roger Guy is to retire from Gartmore, and has terminated a EUR38m mandate managed by Guy. James Millard (pictured), CIO, Skandia Investment Group says: “As a result of the developments
