Turkey was the worst performing country in the Middle East, North Africa and South Asia in November, dropping by 9.7 per cent, according to a report by Menasa Capital Management. Turkey was followed by Dubai at -5.4 per cent. Turkey’s
Hedge fund managers remain downbeat on US equities, according to the TrimTabs/BarclayHedge survey of hedge fund managers for October. About 39 per cent of the 102 hedge fund managers the firms surveyed in the past two weeks are bearish on
November marked the Dow Jones Credit Suisse Hedge Fund Index’s first negative month of performance since June. Many managers focused on preserving capital in the increasingly volatile market environment by constraining their losses with hedges, curtailing exposures and lowering leverage
By Ross Youngs – In the current global environment, managers and regulators are focusing determinedly on the substance of activities in offshore financial jurisdictions, the quality of service providers and the ability to deliver increasingly complex business with the requisite
Prytania Investment Advisors says assets under management in its Galene Fund are approaching USD200m. Galene is an actively managed fund focusing on investment grade structured finance assets, targeting returns in excess of one month EURIBOR + 450bps pa.
By Ed Devenport (pictured) and Gavin Farrell – The past couple of years have seen a striking change in the type of work carried out by fund lawyers in the Channel Islands. Up to 2008, around 80 per cent of
ALPS, a DST Company, has launched the ALPS Alerian MLP Infrastructure Index Fund, which delivers exposure to the Alerian MLP Infrastructure Index. The index is a capped, float-adjusted, capitalisation-weighted composite of 25 energy infrastructure master limited partnerships that earn the
By Simon Gray – The financial crisis and economic downturn of the past three years has fundamentally changed the rules of the game for the international financial services industry in general and the fund sector in particular. The laissez-faire philosophy
2010 has seen an improvement in markets and investor sentiment across most industries and the UK economy has crept out of recession. A recent poll of investment company managers conducted by the Association of Investment Companies found confidence amongst fund
Newedge’s business is based on an agency model benefiting from joint ownership of two French banks, Société Générale and Crédit Agricole CIB. Newedge maintains membership to 60+ derivative and 23 commodity exchanges. Newedge Alternative Investment Solutions (“AIS”) sits within the
