Evercore Wealth Management has launched the Evercore Wealth Management Macro Opportunity Fund (EWMOX), which seeks to profit from the investment risks associated with changes to global monetary and fiscal policy. The fund is an extension of the firm’s Diversified Market
Institutional investors continue to diversify their investment portfolios into alternative assets, increasingly via direct funds rather than funds of funds, according to global data from Towers Watson. The data shows that in 2012 its clients – which include pension funds,
The hedge fund industry as measured by the Credit Suisse/Tremont Hedge Fund Index continued its positive performance into 2010, returning 3.1 per cent in the first quarter and outperforming equity and bond indices on a risk-adjusted basis. According to a
Guernsey’s fund industry is seeking a foothold in India by providing services not available locally, following a weeklong visit to the country by representatives of the island’s financial services sector. A number of Indian-based fund promoters are in the process
Approximately 45 per cent of hedge fund managers in the US and approximately half of hedge funds in Europe and Asia say one or more of their funds remain below their high-water marks. The relatively large number of hedge funds
Nine of Newedge’s 11 hedge fund indices posted positive returns in January with the Newedge Commodity Trading Index leading the way with a gain of 6.38 per cent. The next best performers were the Newedge Trend Index (2.68 per cent)
Advent Software, a provider of software and services for the investment management industry, has received two awards from Hedgeweek for its portfolio management and fund accounting solution Geneva. Geneva was named Best Managed Account Platform Technology and Best Fund Accounting
BNP Paribas Securities Services has been mandated by Knight Capital Europe to provide clearing and custody services on a pan-European scale. Knight Capital Group provides access to the capital markets across multiple asset classes to a broad network of
Mirabaud Asset Management has launched the Global High Yield Bonds fund. The fund was launched on 1 February with assets in excess of USD125m, and will be a sub fund of the Mirabaud Luxembourg Sicav. The high yield bond
The combined fortunes of the top three hedge fund managers in the 2010 Sunday Times Rich List have grown by GBP1.15bn in a single year. The Rich List league table of Britain’s 25 wealthiest hedge fund managers is headed by
