The nominal value of European government bond and repo trades cleared by the LCH.Clearnet group in 2010 increased by 28% year on year, a record fuelled by increased demand as banks seek to manage their counterparty risk exposures. A total
Merlin Securities, a prime brokerage services and technology provider, says it is enhancing its capital development service and has hired Patrick McCurdy to lead this effort.
Los Angeles-based Investment Diamond Exchange (IDX) has expanded its workforce to cater for an increasing number of hedge funds and other financial institutions acquiring rough diamonds for investment purposes. “The favourable supply and demand fundamentals for rough diamonds along with
Dublin-based alternative investment manager, Abbey Capital, has had an interesting year, thanks to investor interest returning to the managed futures space. Hedgeweek took the opportunity last month to speak with Abbey Capital’s Director of Research, Mick Swift (pictured), and Marketing
Alternative fund administrator HedgeServ has partnered with Hedge Fund Research (HFR) to provide clients access to the HFR Database within the HedgeServ platform. HFR specialises in the areas of indexation and analysis of hedge funds. Its flagship product, HFR Database,
PNC Global Investment Servicing has launched fund distribution support services in Asia.
Pacific Investments, the private investment vehicle of Sir John Beckwith, is establishing a new absolute return fund management business. Rod Barker, formerly a partner at International Standard Asset Management with Stanley Fink, is joining the new venture as partner and
Melody Bryant has joined the CL Kempner Asset Management as a principal to work alongside founder and managing partner Carl Kempner to ramp up the firm’s long/short equity hedge fund platform. Together, Kempner and Bryant plan to expand the
Pictet Funds, the investment fund distribution arm of Pictet & Cie, has listed the PF (Lux) Absolute Return Global Diversified Fund on the IFA platform Ascentric. Ascentric is an asset consolidation service for advisers that offers a full wrap platform
The hedge fund industry posted an estimated inflow of USD13.0 billion (0.8% of assets) in November 2010, the fifth straight inflow as well as the heaviest since February 2010, according to the latest figures released by TrimTabs Investment Research and
