International law firm Maples and Calder says it is the only law firm in Ireland to increase its market share ranking as legal adviser to investment funds over the past year. In a declining overall market, Maples, which established in
Dow Jones Hedge Fund Indexes has temporarily suspended publication of the Dow Jones Hedge Fund Equity Market Neutral Strategy Benchmark until further notice. The decision to halt publication of the benchmark is a result of market conditions in the equity
The Blackstone Group made a GAAP net loss of USD176m for the third quarter of 2009, compared to a GAAP net loss of USD340m for the third quarter of 2008. Total segment revenues were USD603.8m, up USD200.2m from USD403.6m for
Despite optimism about the US economy, endowments and foundations are planning to decrease their allocations to US equities this year in favour of alternatives such as hedge and private equity funds. That’s according to the Q4 2014 NEPC Endowment and
The Chartered Alternative Investment Analyst Association, an independent, not-for-profit international organisation, has launched CAIA Hong Kong, its tenth global chapter. “Hong Kong, one of the world’s premier financial centres, is home to a very active, engaged and growing segment of
Arendt & Medernach, the largest law firm in Luxembourg, has opened a new office in Hong Kong following similar expansions in Brussels, New York, London and Dubai. The opening of the office will enable the firm to better serve its
NYSE Euronext says trading volumes for its global cash equities and derivatives exchanges in October 2009 were mostly lower compared to October 2008 levels, during which crisis-level volatility drove record trading volumes. Trading volumes compared to September 2009 were mixed,
MF Global, an intermediary offering customised solutions in global cash, derivatives and related markets, made a GAAP net loss of USD16.0m or USD0.13 per basic and diluted share in the quarter ended 30 September 2009. This compares with net income
GlobeOp has launched hosted services for Advent’s portfolio management and fund accounting solution Geneva, offering hedge funds an outsourcing solution that aims to reduce fund time to market and execution risks. Customised hosted and full platform conversion services are available
The Hennessee Hedge Fund Index advanced 1.36% in April (+3.85% YTD), while the S&P 500 advanced 2.85% (+8.43% YTD), the Dow Jones Industrial Average increased 3.98% (+10.65% YTD), and the NASDAQ Composite Index gained +3.32% (+8.32% YTD). Bonds advanced,
