The Chartered Alternative Investment Analyst Association, an independent, not-for-profit international organisation, has launched CAIA Hong Kong, its tenth global chapter. “Hong Kong, one of the world’s premier financial centres, is home to a very active, engaged and growing segment of
Arendt & Medernach, the largest law firm in Luxembourg, has opened a new office in Hong Kong following similar expansions in Brussels, New York, London and Dubai. The opening of the office will enable the firm to better serve its
NYSE Euronext says trading volumes for its global cash equities and derivatives exchanges in October 2009 were mostly lower compared to October 2008 levels, during which crisis-level volatility drove record trading volumes. Trading volumes compared to September 2009 were mixed,
MF Global, an intermediary offering customised solutions in global cash, derivatives and related markets, made a GAAP net loss of USD16.0m or USD0.13 per basic and diluted share in the quarter ended 30 September 2009. This compares with net income
GlobeOp has launched hosted services for Advent’s portfolio management and fund accounting solution Geneva, offering hedge funds an outsourcing solution that aims to reduce fund time to market and execution risks. Customised hosted and full platform conversion services are available
The Hennessee Hedge Fund Index advanced 1.36% in April (+3.85% YTD), while the S&P 500 advanced 2.85% (+8.43% YTD), the Dow Jones Industrial Average increased 3.98% (+10.65% YTD), and the NASDAQ Composite Index gained +3.32% (+8.32% YTD). Bonds advanced,
Argo Capital Management’s Shamillia Sivathambu (pictured) examines the implications of the formation of a credit bubble in the emerging markets. The MSCI Global Emerging Markets Index is up more than 60%, eclipsing the 30+% highs of its developed market counterparts
Weston Capital Management, an independent alternative investment group, has formed a joint venture with Zurich-based Harcourt Investment Consulting, a global provider of alternative investment solutions for institutional investors. The alliance will seed and develop new hedge fund businesses via Weston
Man Group’s newly created multi-manager business grew assets held in managed accounts from USD4bn to USD6bn in the six months to 30 September 2009. Man’s multi-manager business, which has been operational since June, ended the period with USD17.8bn in funds
Dow Jones Indexes and Brookfield Asset Management have launched an index that measures the highest-yielding stocks in the Dow Jones Brookfield Global Infrastructure Composite Index. Michael A. Petronella (pictured), president of Dow Jones Indexes, says: "We’ve seen continued interest in
