Fund managers are confident that higher equity returns and positive, albeit modest, economic growth will manifest a continued global recovery, according to a survey conducted by professional services firm Towers Watson. Despite a large degree of uncertainty expressed about bond
The SYZ & CO group has launched a retail class for OYSTER European Selection, the fund of its Luxembourg Sicav OYSTER. Until now, this fund launched in 2011 was available only to institutional investors. Since it was launched, OYSTER
D. Harris & Co. International, a law firm for the hedge fund industry, is opening an office in Zurich to service the growing number of hedge fund managers who have set up branches or relocated to Switzerland. The firm advises
For the second time this year, fund governance firm DMS Offshore Investment Services (DMS) has been recognised for the quality of its regulatory advisory services by the readers of Hedgeweek. DMS was awarded "Best Offshore Regulatory Advisory Firm" in the
The RBC Hedge 250 Index fell 0.18 per cent in January 2010, following a gain of 0.73 per cent the previous month. The best performing strategy in January was fixed income arbitrage with a gain of 2.44 per cent, followed
The Lyxor Hedge Fund Index was down 0.42 per cent in January 2010. The top performing strategies over the month were L/S Credit Arbitrage Index, up 2.10 per cent, L/S Equity Short Bias Index, up 1.55 per cent, and L/S
A Ucits convertible bond fund launched by Jabre Capital Partners, the multi-strategy hedge fund led by Philippe Jabre, and Swiss private bank Pictet has attracted commitments of EUR805m. It marks the biggest debut ever in the rapidly expanding Ucits hedge
Gold prices ran up to USD1,032.70 per oz in March 2008, following fears of inflation as oil prices ran up to USD147 per barrel. Following the credit crunch, gold subsequently fell to a low of USD682.41 in October 2008. It
The Morningstar MSCI Composite AW Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in the Morningstar Hedge Fund database, increased 0.1 per cent in April. The S&P 500, meanwhile, rose 0.7 per cent while the small-cap Russell
Och-Ziff Capital Management has reported a GAAP net loss for the fourth quarter and full year ended 31 December 2009 of USD47.2m, or USD0.58 per basic and diluted class A share, and USD297.4m, or USD3.79 per basic and diluted class
