Hedge funds are increasing their short bets on US rates as the flow of economic data improved and inflation figures edged higher, according to Philippe Ferreira, head of research at Lyxor’s managed account platform. Moderate price pressures materialised recently (PCE
Edelgard Beister, director of Vega Asset Management Holdings, has reported improvement across all Vega’s funds in February 2010. The net returns for February 2010 are as follows: Vega Global: 1.14 per cent (year to date: 2.95 per cent); Vega Select
Sturgeon Ventures has seen the number of inquiries from City workers looking for help to set up their own businesses rise ten-fold in the last three months. Sturgeon, which specialises in helping entrepreneurs establish start-up financial services businesses in the
Alter Domus, a provider of outsourced administration services, has opened an office in Mauritius. Alter Domus (Mauritius) is a joint venture established between the Alter Domus Group and Altima Group, a Mauritius-based conglomerate. The new office will provide corporate management
RBC Capital Markets has launched the RBC Total Return US Treasury Index, a benchmark index for investors in US Treasuries with bonds rebalanced on a daily basis. The index, also known as RBC Trust, is the only US Treasury index
Aros Capital Partners, an Anglo Danish investment manager, is launching a UK-managed global altruistic opportunities fund in the second quarter of 2010. The fund, called Aros Altru, aims to challenge the notion that social benefits are a trade off with
Noland Cheng, managing partner of C&A Consulting, has been selected to moderate the upcoming 100 Women in Hedge Funds educational session “How Technology Can Drive Your Performance Edge”. The event is due to take place in Stamford, Connecticut on 18
The S&P GSCI, a commodities index, increased 5.56 per cent in February after falling 7.89 per cent in January. The index was led higher during the month by energy: the S&P GSCI Energy Index gained 6.92 per cent in February.
Hennessee Group has estimated that hedge fund industry assets increased by USD751bn in 2009 to USD1.96trn. The jump in assets represents a 62 per cent increase since the beginning of 2009 and leaves industry assets at their pre-crisis levels in
UMB Fund Services has again been named one of the Milwaukee Journal Sentinel’s Top Workplaces in south-eastern Wisconsin. Top Workplaces are determined based on employee feedback via an anonymous online survey. This is the fifth straight year that UMBFS
