Wealth manager BDO Stoy Hayward Investment Management has strengthened its alternatives fund of funds team with three senior additions, portfolio manager John Smutniak and hedge fund analy
Bermuda’s asset management sector has launched a high-level targeted business development roadshow in New York designed to attract asset management and fund business to Bermuda. Emphasis is being placed on the recent moderniszation of Bermuda’s fund legislation which facilitates fast-track
Fortis Investments has launched a new share class in Poland called Classic Hedged PLN.
Single-manager hedge funds with greater than USD1 billion under management account for a mere 3.9% of reporting funds, but they control about 60% of the total single-manager hedge fund assets, according to a study conducted by PerTrac. According to
Jersey-based hedge manager Altis Partners has reached USD1bn in assets after doubling its assets under management over the past year and reported a record return of 22 per cent in February
European markets traded cautiously this morning on hopes that the US bailout plan would be approved later this afternoon by the US Senate.
Managed futures managers stayed on a downward performance pattern in April, posting a negative 0.77 per cent return on average, according to the Lipper Tass Flash Estimate Report.
Pioneer Alternative Investments has launched Pioneer Absolute Return Equity, a Ucits III fund that captures the returns of an underlying hedge fund strategy by entering into a total return
Joanna Shatney, Head of US Large Cap Equities at Schroders, comments on this week’s US GDP data… While the Q2 GDP data was better than expected, the absolute level of growth remains low. We are optimistic that GDP growth will accelerate
Troubled Franco-Belgian bank Dexia is set to sell various wealth management and investment-related businesses based in Luxembourg or tracing their origins to the group’s bank in the grand duchy, Dexia-BIL, as part of a rescue plan also involving fresh aid
