Hedge fund recruitment consultant Edwin Ostrand has forecasted increased and highly selective hiring by the hedge fund industry in 2010. “Hedge funds are hiring again. That’s the good news,” says Ostrand. “However, the most successful ones are engaging in highly
Omni Macro Fund is a discretionary global macro fund trading instruments at the most liquid end of the spectrum. Roughly 50 per cent of the Fund’s positions are in FX (developed market-heavy), with the rest of the portfolio trading commodities,
The sixth edition of the Hedgeweek Awards, presented on 27 February in London’s Mayfair and sponsored by Morgan Stanley, brought together the leading names in the global hedge funds industry to celebrate the achievements of the best performing managers and
Gemini Fund Services, a provider of pooled investment solutions, has been chosen by Leonard Asset Management to act as its full-service hedge fund administrator. Gemini will provide administration, compliance and regulatory advisory services. "Investors and financial advisers are demanding investment
Altin, the USD275m fund of hedge funds listed on the London and Swiss stock exchanges, increased weightings in macro, equity long short and credit strategies in the second half of 2009. The weightings were increased from 11.3 per cent to
Lazard Asset Management has launched its first US-based open-end liquid alternative equity fund, the Lazard Fundamental Long/Short Portfolio. The Lazard Fundamental Long/Short Portfolio uses a long/short equity strategy that seeks superior risk-adjusted returns. The portfolio employs fundamental bottom-up stock
Asset management group Polar Capital has reported a 47 per cent increase in assets under management since 31 March 2009 to USD2.169bn at 31 December 2009. Net subscriptions in the fourth quarter amounted to USD267m bringing the net inflows for
The Hennessee Hedge Fund Index advanced 2.27 per cent in December, bringing its year-to-date performance to 24.85 per cent. The S&P 500 rose 2.81 per cent in December (24.71 per cent YTD), the Dow Jones Industrial Average increased 0.80 per
Appleby, an offshore legal, fiduciary and administration service provider, is opening its latest office in Guernsey. The new office will be operational in the spring of 2010 and will practise Guernsey law with a focus on corporate, commercial, private client,
Citi has launched a full service end-to-end integrated servicing solution for EU domiciled hedge funds. The product was launched in response to increasing demand from investors and hedge fund managers to establish hedge funds in EU domiciles, such as Ireland
