Chief executive officers and chief operating officers were the best paid hedge fund employees in 2009, receiving total compensation of over USD1m, according to a survey by Infovest21. Three positions received total compensation of between USD600,000 and USD999,999: director of
Horizon Cash Management, an investment adviser specialising in active cash management solutions for the alternative investment industry, has launched the Emerging Manager Fund Cash Account. Horizon created the account to provide small and emerging fund managers with a safe
Direct Lending funds are becoming an attractive “fixed income alternative” asset class for European institutional investors. The breadth of strategies ranges from high risk/high return “special situations” through to opportunistic strategies and what is referred to as the mainstream direct
The management team at Legis has successfully completed a buyout of the business. The share capital of the funds, corporate services and trust business has been acquired by a newly-formed holding company, Legis Group Holdings Limited, with funding from HSBC
Deutsche Bank’s Global Markets division is vast. It employs 6,000 professionals in 40 trading rooms across the globe, 18 of which are located in cities in the Asia-Pacific region. Few prime brokers in the region can claim to have such
Dermot Butler (pictured), Chairman, Custom House Group Fund Services, outlines some of the key exemptions for investment advisers under the Dodd-Frank rule. Last summer, in July 2010, the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (‘Dodd -Frank Act’) was
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2013 measured 0.77 per cent. Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 1.17 per cent in June. “Net
Last year was a good one for London-based Dalton Strategic Partnership. While most managers struggled to raise capital, the firm was able to hard-close both the Melchior European Fund (MEF), an offshore Cayman fund, and the Melchior Selected Trust: European
European mutual funds are increasingly driving short-term volatility in credit markets, as they have increased their investments in credit assets to approximately EUR1trn at the end of 2010, according to a new report from Fitch Ratings. Although European insurance companies
High levels of volatility in local and global equity markets that have continued into the fourth quarter of 2011 as a result of the European debt crisis, have once again highlighted the diversification benefits that local hedge funds can bring
