Hype surrounding booming emerging market funds could trip up investors anxious to get a slice of the action from dynamic economies, warns Rob Pemberton (pictured), investment director of HNW wealth manager HFM Columbus. 2009 saw the likes of the
European Fund Administration has signed a partnership agreement with Italy’s Asset Management Services, a company specialised in fund administration services. As part of the agreement, AMS acquires 100 per cent of Servizi, in which EFA previously held a 34 per
President Obama has called for reforms to ensure that no US bank or financial institution that contains a bank will own, invest in or sponsor a hedge fund or a private equity fund, or proprietary trading operations unrelated to serving
Calastone, the global fund transaction network, is sponsoring a fourth Charity Shield five-a-side football tournament on 5 June at the London Soccer Dome. Participating teams already signed up include Architas, Ascentric, Brooks Macdonald, Henderson, IFDS, Invesco, Investec, J O Hambro Capital
Citigroup has been awarded a mandate by Merritt Capital to provide a suite of fund of hedge fund administration services. In particular, Citi will be delivering fund accounting, fund administration and investor services. "We were making the decision to retain
The Lyxor Global Hedge Fund index, an investable index based on Lyxor’s hedge fund platform, was down 0.3 per cent in December. Since the beginning of the year the index is up 5.1 per cent. Several long-standing trends in the
The Scotia Capital Canadian Hedge Fund Performance Index finished December 2009 up 2.12 per cent on an asset weighted basis and up 2.59 per cent on an equal weighted basis. The index outperformed broader hedge fund indices both on an
Gottex Fund Management, an alternative asset management group, integrated the Constellar fund of funds into the Gottex product range. Ted Wong, founder and chief executive of Constellar Capital, will join Gottex. As from February 2010, Gottex will take over the
Managed futures lost 1.43 per cent in December and CTAs ended the year down 0.10 per cent, according to the Barclay CTA Index compiled by BarclayHedge. Six of Barclay’s eight managed futures indices were down in December. Diversified traders lost
In December, the stock market ended the year with another gain of 1.93 per cent and implied volatility of 21.68 per cent was at its lowest level since May 2008, according to a report by Edhec Risk Institute. With a
