Trinity Fund Administration, a fund service provider to a wide range of alternative investment funds, has opened an office in the Cayman Islands. At a reception last week, the Premier of the Cayman Islands Hon. McKeeva Bush (pictured, centre, with
Order book turnover on Xetra and on the trading floor of the Frankfurt Stock Exchange stood at EUR108.3 billion in April – a decrease by 14 per cent year-on-year (April 2010: EUR126 billion). The decrease was due to reduced volatility
With yield continuing to be in demand from income-hungry investors and ‘easy’ market gains unlikely, corporate credit is expected to once again take centre stage, according to BNY Mellon’s Fixed Income Special Report. The annual report draws on the expertise
FBR Capital Markets, an investment bank serving the middle market, has launched a listed options platform which will be led from New York by Rich Winter, who has joined the firm as managing director. Joining him in sales are Josh
By Simon Gray – Switzerland is better known as a source of capital for the hedge funds, with its world-class private banking and wealth management industry, than as a hotbed of alternative fund managers. However, this largely low-profile sector has
By Lorcan Murphy – The hedge fund industry has been marked by fundamental changes in the attitudes and preferences of investors over the past three years. High new worth clients whose hedge fund investments experienced drawdowns in 2008 have become
A team of credit market veterans from Goldman Sachs, Lehman Brothers and GLG Partners have launched the Northlight European Fundamental Credit Fund, long/short credit fund. The team behind the fund have worked together previously and have a strong record in
Activist hedge funds globally are driving improvements in the share price, operating performance and governance of the companies in which they invest, according to a new paper by AIMA. The findings are contained in a paper, titled “Unlocking Value: The
David Cooke (pictured), a partner in the corporate department of Conyers Dill & Pearman in Bermuda, says that limited partners could find themselves exposed to unlimited liability in jurisdictions other than that in which the limited partnership is established –
Fund industry executives Glenn Henderson (pictured) and Tim Calveley have completed the acquisition of fund administrator, Butterfield Fulcrum, in partnership with BV Investment Partners, a leading middle market private equity firm, following regulatory and government approvals. The acquisition includes FORS
