Forward Management, LLC (Forward) has launched the Forward Commodity Long/Short Strategy Fund (FCOMX), a mutual fund that seeks to profit from both up and down movements of commodity prices. While commodity mutual funds have been available since 1997, the new
The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.49 per cent in February. The event driven strategy was the strongest performer for the month, finishing up 2.29 per cent in February. It is also the strongest performing
As the vital first stage of SIlverstone Circuit’s redevelopment nears completion – namely the construction of the new multi-million pound, state-of-the-art pit and paddock complex names The Wing – the British racing Drivers’ club (BRDC has released further details of
Crédit Agricole and Société Générale have signed a final agreement to combine their asset management operations.
Man Group’s funds under management totalled USD43.3bn at 30 June, a fall of USD3.5bn from the USD46.8bn reported at 31 March 2009.
Swiss & Global Asset Management is expanding its range of emerging market equity funds with the launch of the Julius Baer Chindonesia Fund. The fund will enable investors to tap into the growth potential of China, India and Indonesia, countries
The Hennessee Hedge Fund Index advanced 2.51% in January, while the S&P 500 advanced 4.36%, the Dow Jones Industrial Average increased 3.40%, and the NASDAQ Composite Index climbed 8.01%. Bonds also advanced, as the Barclays Aggregate Bond Index increased 0.88% and the Barclays High Yield Credit Bond Index advanced
The average daily trading volume of NYSE Euronext European derivatives products in June 2009 was 4.6 million contracts, up 2.5 per cent from June 2008 but down 17.4 per cent from the re
All six of the Market Vectors Index Solutions (MVIS) Hedge Fund Beta Indices produced positive performance in February. MV North America L/S Equity Hedge Fund Beta Index led the way with a return of 2.58 per cent, followed by MV
UMB Fund Services, a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), added 35 new fund clients in 2010. This is the largest number of clients the company has added in a single year, and follows on the heels of the
