Last month Francisco Arcilla (pictured) joined AXA Investment Managers as their new Global Head of AXA Funds of Hedge Funds, an exciting role that will see him drive forward AXA IM’s tailored solution-based approach to meeting clients’ investment needs. Arcilla
The hedge fund industry posted an estimated outflow of USD3.7bn, or 0.2 per cent of assets, in June 2010, following an inflow of USD4.9bn in May and an outflow of USD2.5bn in April, according to TrimTabs Investment Research and BarclayHedge.
The Arch Africa Private Markets Focus IC fund, established by Arch Financial Products to capitalise on the increasing strength of the sub-Saharan Africa market has returned 2.75 since its
GLG Partners has reported a GAAP net loss attributable to common stockholders for the quarter ended 30 June 2010 of USD74.6m, or USD0.32 per fully diluted share. Non-GAAP adjusted net loss was USD3.0m, or USD0.01 per non-GAAP weighted average fully
Alps Fund Services, a provider of asset servicing to the investment management industry, added five new mutual fund clients in the second quarter of 2010. These were BBH Funds, Oak Associates Funds, Vulcan Value Partners, Transparent Value Advisors and Accessor
"One of the trends that we are seeing is the globalisation and institutionalisation of the hedge fund industry,’ says Jessel Mendes, a partner in Ernst & Young’s Bermuda hedge fund practic
Societe Generale recorded group net income of EUR1.08bn in quarter two 2010 and EUR2.15bn in the first half of 2010. Group revenues rose by 12.9 per cent in quarter two compared with the same quarter the previous year, and by
The move by BlueCrest Capital Management, one of Europe’s largest hedge fund managers, to shift its headquarters from London to Guernsey has encouraged industry members who see signs that asset management activity in the island is set to grow.
Phoenix Administration Services is to provide the investment administration services for Hansa Trust, a London-quoted investment trust company that invests in a portfolio of special situations. Hansa Capital Partners LLP is both the Investment Manager and Company Secretary of Hansa
Ramius Value and Opportunity Advisors has delivered a letter to the board of directors of Extreme Networks expressing its concern regarding recent interaction with the company and calling for changes to the structure and composition of the board. Ramius also
