Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 0.39 per cent in December 2009, based on 62 per cent of assets reporting. Top performing sectors in December included event driven (up 1.91 per cent), long/short equity
The current bull market that began in March 2009 has further to go, according to Stephen Sutherland, chief investment strategist at ISACO… The market has been correcting since the 2nd May 2011 and from my daily analysis, it is pretty
Twelve Capital is closing it Private Debt strategy to investment from 30 May until 31 December. The strategy has attracted subscriptions of more than USD400m since it launched in November 2013. During the closure, which Twelve Capital feels is
Aircraft leasing manager Rockton has launched a closed-ended USD200m fund targeting the global regional aircraft sector. The fund is aimed at professional investors such as family offices, asset managers, and institutions. Rockton has during the last ten years exploited the
The Credit Suisse Hedge Fund Index finished down 0.21 per cent in April, with six of the ten sub-strategies ending the month in positive territory. Dedicated Short Bias led the way with a return of 3.77 per cent, followed by
The US and European exchange-traded product market is expected to grow by 20 per cent in 2010, crossing the USD1.2trn assets under management mark, according to a report by Deutsche Bank. Europe assets will approach the EUR2,000bn mark and experience
The US futures industry is set to rebound in 2010 after trading volume suffered its first decline since 1995, according to a study by Tabb Group. The combination of stricter risk controls across the brokerage industry and closure of hedge
BNY Mellon has been appointed by GLG MMI, the fund of hedge fund division at GLG Partners, as custodian and fund administrator for its entire fund of hedge fund business. The company previously shared the business with another provider.
The Hennessee Hedge Fund Index gained 24.6 per cent in 2009, according to data from Hennessee Group. The S&P 500 advanced 24.7 per cent, the Dow Jones Industrial Average returned 18.8 per cent, and the Nasdaq Composite Index jumped 43.9
M&A in the global asset management industry in 2009 was dominated by mega-deals, with a record nine transactions announced involving firms with more than USD100bn in assets under management. Yet several deals in the fourth quarter signal a new phase
