Prime Management, a provider of fund administration services to the alternative investment industry, is to service three new risk-linked investment portfolios for Elementum Advisors. Elementum, a Chicago-based alternative investment manager specialising in risk-linked investments, will manage the portfolios and Prime
The Bitcoin Fund, which is traded exclusively on the EXANTE fund platform and was launched in late 2012, is the best performing hedge fund year to date with a return of 4847 per cent. The Bitcoin Fund gives institutions and
The Scotiabank Canadian Hedge Fund Index ended April 2012 down 2.99% on an asset weighted basis and down 1.86% on an equal weighted basis. The aim of the Scotiabank Canadian Hedge Fund Index is to provide a comprehensive overview of
The European Commission has presented a financial services legislative package designed to raise standards and remove loopholes for the benefit of consumers. Specifically, the package proposes new, consumer-friendly standards for information about investments, raises standards for advice, and tightens certain
Jersey Finance has welcomed the awarding of a AA+ Long Term Issuer Default Rating – one of the top international credit ratings – to The States of Jersey by Standard and Poor’s (S&P). In addition, S&P has also given Jersey
The fund of hedge funds sector is still growing strongly despite intermittent predictions of its demise.
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished April down 0.04%, with four out of 10 strategies in positive territory. In total, the industry saw estimated outflows of approximately USD8.35 billion in April, bringing
Societe Generale Securities Services (SGSS) has appointed Olivier Renault as Country Manager for Luxembourg, replacing Michel Becker. Renault will report to SGSS Executive Management and becomes a member of the Executive Committee of Societe Generale Bank and Trust (SGBT),
Hedge funds continued to make gains in July with the SS&C GlobeOp Performance Index up 1.42 per cent for the month. Year-to-date performance stands at 5.74 per cent. The SS&C GlobeOp Hedge Fund Index data is based on the same
The Credit Suisse LAB Index was down 0.27% in April according to Dr Jordan Drachman (pictured), Head of Research for Alternative Beta Strategies at Credit Suisse. Drachman says: "The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect
