Gross exposures remain well below historical levels among funds of hedge funds, according to Standard & Poor’s latest update on the sector. “Many funds of hedge funds are still dealing with liquidity issues beyond the recovery in equity
Rothstein Kass has been named Best Accounting Firm in the first-ever Hedgeweek USA Awards at a ceremony on June 16, 2011. Hedgeweek, a Global Fund Media publication, hosted the event, honouring top-performing hedge fund managers and service providers in the
Advent Software, a provider of software and services for the global investment management industry, has further expanded into the Asia Pacific region with the opening of an office in Beijing. Staffed with more than 50 employees, the Beijing office is
The total value of funds business in Guernsey grew by GBP711m (0.3 per cent) during the second quarter of the year. New figures from the Guernsey Financial Services Commission (GFSC) show that the second quarter increase has built on the
BATS Global Markets (BATS) has reported a 20.7% US equities market share in April, up from 10.9% a year ago. BATS Options, meanwhile has reported 4.2% market share, up from 4.0% one year ago. Separately, BATS Options is the lead
SIX Swiss Exchange and SmartPool intend to deliver Swiss Block, the non-displayed liquidity service for Swiss blue-chip equities. Swiss Block, formerly powered by Nyfix Euro Millennium, is owned and operated by SIX Swiss Exchange. Following the recent acquisition of Nyfix
A new Association has been launched this month in Jersey, Channel Islands, specifically focused on the requirements of company directors and officers operating in the island. The Jersey Association of Directors & Officers (JADO) has been launched in response to
The former co-heads of the reinsurance and risk-linked securities team of Stark Investments, a multi-strategy hedge fund, have spun off to launch an independent investment manager focused on collateralized natural event reinsurance. The Chicago-based investment manager is named Elementum Advisors
Blackrock Alternative Investors espoused the virtues of alternative investments and the diversifying role they can play in institutional client portfolios in a May 25 presentation entitled: The role of alternatives in institutional client portfolios. The three speakers included: Matthew Botein
By James Tinworth (pictured), partner in the hedge funds practice, Stephenson Harwood – Whilst there are many challenges posed by the EU’s directive on alternative investment fund managers (AIFMD), the ones that everyone seems to focus on are those regarding
