Compass Advisers Group, an international merchant banking partnership, has formed Compass Partners Asset Management, a principal investing arm focused on alternative investments. Scott Marden has rejoined the firm as head of asset management from Credit Suisse and will become managing
The Ucits HFS Index is up 1.71 per cent after the first three weeks in March, accelerating the positive trend of the first weeks. With fixed income and market neutral finally turning positive no strategy is in the red anymore.
February is turning out to have been a tough month for Australian hedge funds, particularly those with a local equity based mandate, according to figures from Australian Fund Monitors. Concerns that January’s global issues would continue to put downward pressure
The Credit Suisse Hedge Fund Index finished up 1.13 per cent for the month of May with seven of the ten sub-strategies recording positive returns. Managed futures led the way with a return of 3.09 per cent followed by emerging
Hedge fund managers refusing to provide transparency is the single greatest reason for an investor veto, according to Deutsche Bank’s Global Prime Finance group’s third annual Operational Due Diligence Survey. The survey, which polled investors globally representing over USD2.72trn of
Fund of hedge funds manager Olympia Capital Management has launched the Olympia Dynamic Fund, a diversified multi-strategy fund of hedge funds, driven by a dynamic allocation based on risk regimes. Olympia Dynamic Fund uses a flexible core-satellite approach based on
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, has reported record market share gains in the Nordic region and confirmed SEB as the latest firm to join SmartPool. According
Managed futures gained 0.19 per cent in February, according to the Barclay CTA Index compiled by BarclayHedge. “Although commodity indexes gained nearly 3.5 per cent in February, the profits for CTAs came largely from the financial markets,” says Sol Waksman,
The European Repo Council of the International Capital Market Association has released a survey which sets the baseline figure for the European repo market size at EUR5,582bn, representing an increase of 14.7 per cent on the figure of EUR4,868bn for
Driven by the need to diversify in order to mitigate their counterparty risk and increase transparency, an ever-growing number of hedge funds of all sizes are leveraging multi-prime relationships to adapt and seek new ways to grow their businesses. This
