Private funds pose the greatest systemic risk for the investment management sector based on key risk indicators identified by the Financial Stability Board's (FSB) latest consultation paper, according to Fitch Ratings. The paper on non-bank, non-insurance financial institutions that may
The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report. Hedge fund launches totalled 1,040
The proportion of investment professionals that find Corporate Bonds overvalued has reached its highest level since the CFA Society of the UK’s (CFA UK) Valuations Index was introduced three years ago. Some 76 per cent of respondents to the index,
Having received all the regulatory approvals needed to create their combined asset management arm, Crédit Agricole and Société Générale are incorporating Amundi on 31 December 2009 and starting operations on 1 January 2010. Georges Pauget, chief executive officer of Crédit
State Street has signed an acquisition agreement with Intesa Sanpaolo, one of Italy’s premier banking groups, to acquire its securities services business, ISPSS, for approximately EUR1.28bn (USD1.87bn) in cash at closing. State Street expects to support the acquired ISPSS balance
Triple A Partners and Hatfield Advisors have entered into a joint venture agreement to develop their combined fund distributions business on a global basis. With immediate effect Hatfield Advisors will change its name to Triple A Partners Australia. The staff
The November edition of Hedgebay Trading’s monthly index has posited that if 2010 is to see the hedge fund market return to its previous performance levels, then the reduction of underperforming, illiquid assets must be hedge fund investors’ primary concern.
Amid the rapid growth of the hedge fund industry and the complex regulatory climate following the financial crisis, hedge fund managers and institutional investors have differing views on transparency and independent controls, according to a new survey by Northern Trust.
The DM Swiss Equity Asymmetric Fund completed its second year of operation at the end of November 2009. The fund has outperformed the Swiss equity market by more than 17 per cent p.a. during that time. Managed by Urs Heinimann
Professionals at equity hedge funds earned significantly more in 2014 than peers in credit hedge funds and asset management, according to the latest compensation report from Kea Consultants. Base salaries for junior professionals grew by a marginal 5% at most
