The British Virgin Islands Financial Services Commission has formally confirmed the appointment of Brodrick Penn as director of investment business as of the beginning of this year.
Ashmore Group’s total total net revenue roes 4 per cent in the six months to 31 December 2011 to GBP181.0 million (H1 2010/11: GBP173.7 million), according to the firm’s unaudited results for the period. Net management fees increased 30% to
A ‘perfect storm’ is about to hit the US equity options market, according to a new study, Equity Options Trading 2008: Rising Out of Obscurity, published by capital markets research and ad
Six of Newedge’s 11 hedge fund indices reflected positive performances during the first half of 2013. The Newedge CTA Index closed the first six months of 2013 up 1.03 per cent, despite a decline of 1.5 per cent in
The losses suffered last summer by some of the big quantitative funds, such as Goldman Sachs’ Global Alpha, illustrate the dangers of funds that outgrow the capacity of their strategy, acc
In a robust critique of a recent paper by the public interest group Finance Watch (Investing Not Betting: Making Financial Markets Serve Society,” April 2012), EDHEC-Risk Institute has taken issue with a number of positions that this paper deems to
Altana Wealth is opening the Altana Distressed Assets Fund (ADAF) managed by founder and CIO Lee Robinson, to outside investors. Robinson has a 14 year audited track record of managing money successfully particularly in bear markets and he has personally
Dominicus Freiherr von Mentzingen has joined Swedish-based quantitative manager Informed Portfolio Management in an advisory role to lead the firm’s expansion into German-speaking Europe.<
UMB Fund Services has launched a platform geared to the servicing needs of registered funds of hedge funds in the US, offering a technol
The legislative proposal Level 2 draft of the EU-wide AIFM Directive was released at the end of May, and it looks increasingly likely that hedge funders are going to bear the financial brunt of appointing a depositary bank. Under the
