Chi-X Europe, the pan-European equities exchange, has received an enquiry from a third party which may or may not lead to an offer for the whole or partial sale of the company. The enquiry is currently being reviewed by the
Managed futures managers experienced mixed performance for July, the latest report from Lipper Tass shows. While discretionary managers saw gains benefiting from long equity, commodity trading exposures and yields edging downwards, systematic traders ended in negative territory on market trend
Size mattered in the fund of hedge funds sector in 2011, as large managers saw AUM fall while those in the mid-market enjoyed an average 10% increase, the latest Preqin research shows. In total, 24% of fund of hedge funds
Ken Griffin’s Citadel Investment Group has agreed to plough in USD2.25bn in embattled discount brokerage E*Trade Financial Corp.
The Morningstar 1000 Hedge Fund Index rose 2.7 per cent in July, while the currency-hedged Morningstar MSCI Composite Hedge Fund Index climbed 0.9 per cent. Year to date through July, these indexes were up 0.4 per cent and 1.7 per
Alternative asset manager KKR has begun trading on the New York Stock Exchange. In accordance with previously announced plans, the common units of KKR Guernsey no longer trade on Euronext Amsterdam “Today’s NYSE listing is an important milestone for KKR,
The Way Group has launched the Absolute Return Portfolio Fund, one of three new investment funds to use a new tiered performance fee structure. Way Absolute Return Portfolio Fund follows the recently launched Way Freestyle Growth Portfolio Fund, and
Managed futures slipped 0.10% in April according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 0.62% year-to-date. “Although commodity prices dropped in April as measured by a decline of 0.75 percent in the Reuters/CRB Index, several
Interview with Rhodri Mason, Head of UCITS Management at Man Group – What are some of the benefits of QIFs that managers should be aware of? The key benefit is that QIFs give you Cayman-style investment flexibility, while speed to
Joseph F Winterscheid (pictured), partner and head of the global Antitrust & Competition Practice Group at McDermott Will & Emery, outlines the implications of the FTC’s revised Horizontal Merger Guidelines. Last week, the Federal Trade Commission (FTC) released the final revised
