Jersey City-based Aim-To, a provider of hedge fund software, has announced an expansion of its spend management software and managed services offering.
Direct Access Group, a diversified institutional financial services enterprise, is to acquire Discovery Capital Management, LLC (Discovery). The acquisition is the first transaction following the appointment of Donald Motschwiller to lead the Direct Access asset management business and formally launches
The Assured Fund, which invests in the US senior life settlements market, has forecast a minimum nine per cent return for 2009.
The Securities and Exchange Commission, acting in concert with the Financial Services Authority in the UK, has taken temporary emergency action to prohibit short selling in financial compa
Stock markets remained highly volatile in March (44.14 per cent) but finally posted significant profits (+8.76 per cent) that brought the S&P500 index to its March 2003 level, accor
For UBS Fund Services, the AIFM Directive represents a significant opportunity to expand its business offering. As a global operation, it is well positioned to capitalise on the regulatory changes being introduced in Europe as compared to administrators without a
Low risk assets could offer private investors the best prospects of attractive returns in 2009 as the world’s leading industrialised nations face recession, according to Gary Dugan, the
The Singapore Exchange has announced that its derivatives and exchange traded fund markets set new trading records in 2008.
Over the last 24 months, fund administrator Drake Fund Advisors, an emerging market specialist with approximately USD900million in AuA, has established a number of licenses across the globe and fanned out from its BVI headquarters. The modus operandi behind this
The world’s hedge fund industry has historically low levels of leverage, according to the Alternative Investment Management Association, the international trade body for the hedge fund
