Lionhart Investments Ltd. (Lionhart), a multi-strategy arbitrage hedge fund, has unveiled its expansion plans for Asia.

The pace of new hedge fund launches fell dramatically in the first half of 2006 compared to 2005, according Chicago-based Hedge Fund Research, Inc.

Mellon Global Investments, the international distribution subsidiary of Mellon Financial Corporation, has announced the addition of the Mellon Evolution Global Alpha Fund to its Dublin-dom

IDS International Limited (IDSI) has been granted a license to operate as an Authorised Firm in Dubai, providing Fund Administration services.

Alternative asset administrator Fulcrum Limited opened a Cayman Island branch this month headed by Steven Slessor, CA.  ‘The opening of our newest office is part of Fulcrum’s ongoing strategic corporate growth plan and will support our steadily increasing roster of

EuroStoxx 50 continues to unwind for a second day, after failing to hold above its spring resistance level, near 3900.

Following the Amaranth debacle, the Global Multi-Asset team at Investec Asset Management examine the pros and cons of investing in hedge funds.

The Dow Jones-AIG Commodity Total Return Index is down -4.2% over the last 12 months, but up 87.5% for the past five years.

Gareth Quinn has joined SunGard’s Enterprise Solutions group as managing director of alternative investments.

European real estate and financing bank Credit Foncier has opened a London office with the aim of attracting British investors looking to purchase property in France.