A majority of alternative investment managers (57 per cent) are optimistic about their firm’s prospects over the next three years, according to a poll released by SEI. The poll, conducted at SEI’s annual CFO Forum for Alternative Investment Managers in
Lyxor Asset Management and Martin Currie have launched the Lyxor/Martin Currie China Dragon Fund. The fund is a non-benchmarked long/short strategy available exclusively through Lyxor and Martin Currie. Martin Currie manages USD4.7bn in dedicated Greater China strategies. The company has
IntercontinentalExchange (ICE), the operator of regulated global futures exchanges, clearing houses and OTC markets, is to acquire Climate Exchange plc. Climate Exchange’s emissions market is expected to complement ICE’s integrated futures and OTC markets. "The combination of Climate Exchange’s
The Hennessee Hedge Fund Index advanced 2.46% in October (-2.95% YTD), while the S&P 500 increased 10.77% (-0.35% YTD), the Dow Jones Industrial Average advanced 9.54% (+3.25% YTD), and the NASDAQ Composite Index climbed 11.14% (+1.19% YTD). The Barclays Aggregate
Prominent investors are using the recent market turmoil as an opportunity to pressure private equity firms into changing the way they organise their fee structures. Sovereign wealth funds have been particularly vociferous about changing the traditional model of management fees
By James Williams – Insistence on position-level transparency has been de rigueur since day one says Lisa Fridman (pictured), Head of European Research at PAAMCO, a major institutional FoHF firm established in 2000. She says that whilst they weren’t using
Kleinwort Benson, the UK-based investment management and financial services group that is one of the largest fund administrators in the Channel Islands, will have its banking licence withdrawn by the Jersey Financial Services Commission when the firm is acquired by
Following on from the default of MF Global UK Ltd (MFG), LCH.Clearnet Group has transferred a significant number of clients throughout the last week across multiple markets. In respect of the London Metal Exchange (LME), LCH.Clearnet Limited (LCH.Clearnet) and the
The third quarter earnings season in the US has turned out better than many initially feared. However, the challenges facing the corporate sector over the coming months are significant, and the likelihood is that the rate of profit growth will
Carne Global Financial Services, a business adviser to the asset management industry, has opened a New York office to complement its presence in Dublin, Dubai, Luxembourg, London, Geneva and the Cayman Islands. Joe Hardiman, managing director, and Paul Bishop, director,
