Hedge funds investing in China surged to a record monthly gain in April, as trading volume on the Shanghai-Hong Kong Stock Connect program soared and the Chinese Central Bank reduced interest rates. The HFRI China Index was up +13.0 per
The latest hedge fund launch data is analysed in this extract from the Preqin Quarterly Update: Hedge Funds, Q2 2015, which looks at the structure, location, investment focus and strategy of hedge funds launched in the second quarter. Single-manager hedge
Dinsmore Capital Management and Gabelli Funds announced have signing a strategic relationship. Subject to shareholder approval, the Dinsmore Group of Gabelli Funds will continue to manage the Bancroft Fund and the Ellsworth Growth and Income Fund. In addition, the Dinsmore portfolio
Deutsche Börse AG and the shareholders of 360T Beteiligungs (360T), including Summit Partners 360, have signed a definitive agreement regarding the full acquisition of 360T by Deutsche Börse AG for a total EUR725 million. 360T is a leading global FX trading platform catering to a broad customer base including corporates, buy-side
The challenging conditions experienced during April, particularly the last week of the month, saw all of the managed futures indices calculated by Societe Generale Prime Services post negative performance, ending a strong run of performance enjoyed so far during 2015.
Nasdaq has launched Nasdaq Futures, a US-based platform that will initially offer futures and options on oil, natural gas and US power benchmarks, with a fee holiday for the first nine months of trading. All products will be cleared through
Ares Management and Kayne Anderson Capital Advisors are to merge to form Ares Kayne Management, a diversified alternative asset manager with a combined USD113 billion of assets under management as of 31 March, 2015. Under the terms of the agreement,
The equity and bond market selloff that took place recently took its toll on some hedge fund strategies. Due to their long fixed income stance established during 2014, CTAs sharply underperformed Macro managers during the market rout. Meanwhile, macro managers
FolioMetrix is to merge with American Independence Financial Services, LLC (AIF) to create a new company, RiskX Investments, LLC, offering an array of risk-intelligent investment solutions. The transaction is expected to close in September 2015. Terms of the deal have
The European Securities and Markets Authority (ESMA) has launched a consultation on proposed Guidelines on sound remuneration policies under the UCITS V Directive and AIFMD. The Directive includes rules that UCITS must comply with when establishing and applying a remuneration
