The Dubai Multi Commodities Centre Authority and Shariah Capital have launched the Dubai Shariah Hedge Fund Index, which they say is the first internationally-recognised index comprised

A group of industry experts has launched Darwin Financial Platform, a company offering full service business partnerships to starting investment managers.

International Derivatives Clearing Group, a majority-owned, independently operated subsidiary of the Nasdaq OMX Group, has begun accepting US dollar-denominated interest rate swap futur

IndexIQ saw assets under management jump 37 per cent in 2013 to USD1.125bn, driven in part by its IQ Hedge Multi-Strategy Tracker ETF (QAI). QAI, the first hedge fund-style ETF and the industry’s largest alternative exchange-traded fund, more than doubled

The London Metal Exchange achieved another record year in 2008 with over 113 million lots traded, representing a year-on-year increase of nearly 22 per cent.

GLG Partners, an alternative asset manager, has announced that its board of directors has determined not to continue paying a regular quarterly dividend on its common stock.

The Federal Deposit Insurance Corporation has signed a letter of intent to sell the banking operations of Pasadena, California-based IndyMac Federal Bank to a thrift holding company contro

Aberdeen Asset Management has agreed to acquire Credit Suisse’s fixed-income, money-market and equity asset management business in Europe, Asia and Australasia, subject to shareholder and

NIR Group, an alternative investment firm specialising in low correlation strategies, has announced that Cortan Commodity Partners is now open to outside investment.

Société Générale Asset Management has agreed to sell its London-based asset management subsidiary, SGAM UK, which managed USD8.2bn in assets or about 2.5 per