The RBC Hedge 250 Index had a net return of 0.33 per cent in June, bringing the year-to-date return of the index to 10.72 per cent, according to RBC Capital Markets.
Traded life policy Assured Fund ‘has put rival investment classes into the shade’, says fund manager Policy Selection.
New Haven, Conn-based Wood Creek Capital Management, has announced the launch of Rosemount Capital Management’s offshore fund.
The majority of credit default swaps products, which are blamed for adding significant systemic risk to the global financial markets, will never be centrally cleared in the US and Europ
International derivatives exchange Eurex will extend its single commodity product offering with new futures and options based on silver on 15 June 2009.
Epitome Global Services has announced that it will offer a hedge fund rehab platform to advise and assist troubled funds.
Delman SA says the DM Swiss Equity Asymmetric Fund has completed its first year of operation realising a net gain for its investors of +2.67%.
JP Morgan’s Worldwide Securities Services (WSS) business plans to expand its Direct Custody and Clearing (DCC) business in Brazil and Russia, two key markets for JP Morgan’s sub-custody business. JP Morgan already offers DCC in Russia but plans to
Nearly 30 per cent of fund administrators in Europe will experience a reduction in revenue in 2008, according to a survey by Deloitte.
State Street Corporation has been selected to provide a range of hedge fund administration services for approximately USD6bn in assets advised by Caxton Associates.
