Asset manager Union Bancaire Privée made a net profit of CHF216m (USD209m) for the 2009 financial year. Assets under management totalled CHF75bn (USD72bn) as at 31 December 2009, against CHF100bn (USD95bn) at the end of 2008, as a result of
Recently launched operational solutions firm QT Advisors is helping a number of hedge fund clients prepare for institutional investor-led operational due diligence (ODD) reviews. QT Advisors founder Quentin Thorn (pictured) says: “Many hedge fund COOs are keen to make the
The economic downturn of 2009 severely impacted the US fundraising industry, with the amount of time taken to raise a fund increasing to an average of 18 months, twice as long as in 2005, according to a report by C.P.
Wolverine Asset Management is a US-based alternative asset management firm and part of the Wolverine family of companies, a diversified group of affiliated financial service entities primarily engaged in asset management, derivatives trading, order routing and technology/software development. Founded in
BlackRock’s fourth quarter 2009 net income was USD256m, up USD204m compared to 2008. The Barclays Global Investors transaction closed on 1 December 2009 and contributed USD94m to fourth quarter net income, more than offset by a USD108m after-tax expense associated
Toronto-based Third Eye Capital originates and manages privately-negotiated secured loans to predominantly Canadian small- to mid-cap companies. The firm was established in 2005 by Arif N Bhalwani (pictured) and Dr David G Alexander, who together have more than 50 years’
Gottex Fund Management’s total fee-earning assets were USD8.13bn at 31 December 2009, down 1.2 per cent from USD8.23bn at 30 September 2009. This total consisted of USD7.80bn in assets under management and Gottex Solutions Services assets of USD0.33bn. AUM
Commodity funds, as represented by the Newedge Commodity Trading Index (CTI), performed well in April finishing the month up 1.17 per cent. Year-to-date, the CTI (and sub-indices) leads the Newedge Index performance with a return of 3.25 per cent.
The international derivatives exchange Eurex has admitted the first Japanese broker out of the Republic of Singapore. Mizuho Securities (Singapore) was connected on 18 January 2010 to the Singapore access point of Eurex. “We are very pleased to welcome the
Delaware Investments, a member of Macquarie Group, has launched a mutual fund in the US: the Delaware Macquarie Global Infrastructure Fund — Class A, Class C, Class R and Class I. The fund, which is available to both individual and
