Law firm Carey Olsen says restructuring work carried out by its corporate team in Jersey has revived the fortunes of Close Global Funds, Close Brothers’ flagship offshore investment vehicle, lifting the suspension of trading of the main fund on the
Reyl Asset Management, the asset management arm of Geneva-based wealth management firm Reyl, has launched an Irish fund of hedge funds that specialises in seed and early stage investments in hedge funds. The Reyl Accelerator Fund will be advised by
Advent Software has more than doubled the number of certified project management and consulting team members supporting clients in Europe, the Middle East and Africa during the past 12 months. The team now includes more than 65 qualified Advent consultants
Hedge fund strategies’ performance posted mixed results for April, with the Lipper Hedge Fund Composite Index ending the month almost flat at 0.02 per cent. Other hedge (+1.65 per cent) was the best performing strategy for the month, benefiting from
Starting a hedge fund is a major undertaking that requires a methodical approach and experienced partners. Eze Castle has identified several key criteria firms should consider when launching a fund – everything from real estate and operational infrastructure to marketing
Tullett Prebon, an inter-dealer broker, has launched a primary placement business for alternatives to raise capital for hedge funds, private equity and other alternative investment funds. Tullett Prebon’s alternative investment desk began over a year ago to place secondary interests
Fortress International has launched a Luxembourg Life Fund, Fortress International Capital & Partners SCS, which allows qualified investors residing in tax treaty countries to take advantage of this transparent and efficient investment vehicle. The fund, which has started to receive
Global foreign exchange markets continued their migration to electronic execution last year as e-trading volumes increased amid a decline in overall FX trading activity, according to Greenwich Associates. The company’s latest research suggests that customer electronic foreign exchange trading volumes
Seven individual products managed by Salus Alpha recorded positive returns in April. The Salus Alpha Managed Futures fund returned +10.24% for the month to date, outperforming the S&P 500 Index by +8.76%. The fund’s performance was 11.37% better than the
The Finles/IEX Dutch hedge fund index posted a +1.7% return in March, outperforming the HFRX Global hedge fund index by 0.32%. The best performing funds in march were: Aster-X panorama Fund; IdB Alchemy; European Opportunities Fund; Fonds Bloemendaal; and EV
