During a period in which most asset classes sold off ferociously and fixed income provided no downside protection, the Lyxor Hedge Fund Index was down only 0.8 per cent. This highlights the resilience of this asset class to wide market
MainstreamBPO has executed sale agreements to acquire Trinity Fund Administration in Ireland and the Cayman Islands. Privately owned Trinity currently provides administrative, transfer agency, company register, corporate secretarial, risk and regulatory reporting and other ancillary services to over 140
MUFG Investor Services has secured all regulatory approvals for its acquisition of UBS Asset Management’s Alternative Fund Services (AFS) business and the acquisition has closed. The deal forms part of MUFG Investor Services’ strategy to build a global industry-leading fund
Brokerage firm Triad Securities is expanding its managed suites offering by adding an area of 7,500 square feet meant exclusively for hedge fund managers. Located in the historic Trinity Building at 111 Broadway in the Wall Street area, Triad Securities
Around half of hedge fund firms intend to launch a new hedge fund by the end of next year and most are reporting rising assets, according to a global survey by PwC and the Alternative Investment Management Association (AIMA). The
Tages Capital, in partnership with Madrid-based Cygnus Asset Management, has launched the Tages Cygnus Europa Event Driven UCITS Fund, the third sub-fund of Tages International Funds SICAV, a UCITS compliant umbrella fund structure. Cygnus Asset Management is an established specialist
The global hedge fund practice of Citigate Dewe Rogerson, an international financial and corporate communications consultancy, has added 20 new clients in less than a year since it was launched. Client strategies covered include equity long/short, credit, quant, event-driven,
Northern Trust to acquire UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland, expanding its presence in the former and gaining local fund administration capabilities in the latter. Following the transaction, which is expected to close in the
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2015 measured 0.21 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.83 per cent in December. "SS&C GlobeOp's Capital
The latest Hedge Fund Tracker analysis from S&P Global Market Intelligence shows the top funds managed approximately USD153 billion in equity holdings, an increase from the USD145 billion under management in Q3. However, because these funds saw a slight drop
