Ramius Alternative Solutions, a division of Cowen Group, has been chosen by Perpetual Investment Management to advise its multi manager group on its hedge funds investment activities. Ramius is an investment adviser offering a range of hedge fund investment and
The HFRI Fund Weighted Composite Index gained 2.7 per cent in March, the highest gain since September 2009. For the quarter the index gained 2.56 per cent. Equity hedge funds posted the strongest gains across four main strategies, with a
Dow Jones Indexes has launched the US Contrarian Opportunities Index. The new rules-based index seeks to measure a "contrarian" investment strategy by focusing on companies with strong recent fundamentals but a lagging three-year-trailing return. The index has been licensed to
ESAF – Espírito Santo International Management has launched a new fund of Ucits III funds. It has designated BAF (Blue Activos Financeiros – SGP) as investment adviser of the fund. The Luxemburg fund, called Dynamic Alpha Portfolio Ucits III, is
MF Global Singapore has become a trading member of the Singapore Exchange securities market. MF Global is currently a trading and clearing member of the SGX derivatives market. “We welcome MF Global to our securities market and are pleased that
BlueMountain Capital Management has raised more than USD250m for three new funds designed to pursue credit market opportunities in the post-financial crisis world. The new funds are the BlueMountain Long/Short Credit Fund, the BlueMountain Distressed Fund and a single-client fund
HSBC Global Asset Management is launching a Ucits III absolute return global emerging markets fund. The HSBC GIF GEM Equity Alpha Fund, which offers daily liquidity, will target annual returns of ten to 15 per cent based on approximately ten
The S&P GSCI ended the first quarter of 2010 with a decline of 0.89 per cent following a 1.94 per cent increase in March. Livestock was the strongest sector in the S&P GSCI for the first quarter as measured by
BNP Paribas Investment Partners and Fortis Investments have completed the combination of their two operations. The combined entity is now operating under a single brand name: BNP Paribas Investment Partners. The integration makes BNP Paribas Investment Partners the fifth-largest asset
Australian hedge funds produced positive returns in February but for many managers it was a tough month, according to a report by Australian Fund Monitors. The AFM Hedge Fund Index rose 0.11 per cent in February, while equity based funds
