According to the Cayman Islands Monetary Authority, Appleby is the first law firm in the Cayman Islands to use the merger provisions for two CIMA registered mutual funds after the Cayma

CIBC’s fixed income, currencies and distribution activities in Singapore are relocating to a new office in Hong Kong from 17 August.

Australian financial services provider Macquarie Group and China Everbright, a diversified financial conglomerate, have entered into a joint venture to establish two funds to invest in

Thames River and Nevsky Capital have added Traditional Funds, an offshore Ucits III range of funds, to the EMX Message System, which went live on 10 August 2009.

Managed futures struggled in July, ending the month in negative territory as market trends were too short-lived for managers to identify and profit from them, according to a report by L

Early reporting funds suggest another month of healthy returns for hedge funds, with the composite Eurekahedge Hedge Fund Index up 2.1 per cent for July and almost 12 per cent year-to-d

TMF Group has expanded in Australia through the acquisition of Kingsway Taitz Fund Administration.

The London Metal Exchange says USD1bn in steel billet has been traded on the exchange by industry since the contract was introduced in February 2008.  This equates to more than 2.2 million tonnes of steel billet in physical material.  

The estimated July 2009 return for the Newedge Volatility Trading Index is 0.66 per cent, compared with -0.25 per cent the previous month.

The hedge fund market still has some way to go before it returns to historical levels, according to the latest quarterly index from secondary hedge fund market provider Hedgebay Trading