The 2008 ban on short sales did not relieve the downward pressure on stock prices, according to a position paper by Abraham Lioui, professor of finance at Edhec Business School. The study found that the ban leads to a considerable
The Dow Jones Credit Suisse Hedge Fund Index finished down 1.33% for the month of May. Dedicated short bias was on of just four of the 10 sub strategies to end the month in positive territory at 9.03%, while Long-Short
Transaction volume in the global asset management industry in the first quarter of 2010 declined significantly from 2009, but according to Jefferies’ financial institutions group M&A involving managers of alternative strategies and independent firms is on the rise. A record
A compliance and corporate governance service called Dextra has been launched to support company secretaries and their boards. Dextra is a trading division of Dexion Capital (Guernsey) and will provide independent reviews of corporate governance, compliance and regulatory matters, company
The Lyxor Global Hedge Fund index rose 2.1 per cent in March as generally quiet and trending markets yielded a robust month of gains for many hedge fund managers. Equities rose sharply, credit spreads reversed their widening due to worries
Guernsey is becoming home to an increasing number of green funds, according to Andrew Boyce, partner at law firm Carey Olsen. He believes that Guernsey has adapted to the global economic crisis by finding new markets, such as funds with
The RBC Hedge 250 Index had a net return of 1.59 per cent in March, bringing the year-to-date return of the index to 1.80 per cent. These returns are estimated and will be finalised by the middle of next month.
The Association of Investment Management Sales Executives, has announced the results of its first annual ‘Diamonds and Duds’ poll.
New hedge fund launches in Q1 2012 increased to a level not reached since 2007 as hedge fund capital rose to a record level of USD2.13 trillion, according to the latest Market Microstructure Industry Report, released today by HFR (Hedge
Murex has announced that BlueCrest Capital Management, a European hedge fund manager with USD 13bn under management, is now live on MX.3 for its Multi-Strategy Credit Master Fund, a new st
