The hedge fund industry posted an estimated outflow of USD2.9bn, or 0.2 per cent of assets, in July 2010, the second straight outflow as well as the third in four months, according to TrimTabs Investment Research and BarclayHedge. Industry assets
The Hedge Fund Replication Index finished August up a mere 0.1 per cent, having given back the majority of its early gains. However, things appear to have improved in the first few days of September, with the index repeating August’s
General Motors has selected GlobeOp Financial Services as its service provider for daily collateral management, valuation and reconciliations across its over-the-counter derivatives portfolio. GlobeOp will support General Motors’ treasury department with the management of foreign exchange, commodity and interest rate
Talk about the elephant in the room. The Alternative Investment Fund Managers directive surely has the largest ears and the longest trunk of the species.
Malta is well-known for its business-friendly approach Ð particularly to the fund sector which it sees as critical to the future growth of the island.
Whereas in some jurisdictions the regulator is viewed as an adversary or a hindrance to business, in Malta the regulatory regime is a product of genuine collaboration between the industry and
Stenham Asset Management has expanded its investment team with the acquisition of Montier Partners, a discretionary investment management provider. The deal was completed on 1 September 2010. Dominique Montier, founder of Montier Partners, with 33 years’ investment experience, and
Dutch hedge funds gained an average 0.2 per cent in July, as measured by the Finles/IEX Dutch hedge fund index, despite their very cautious positioning. Most quantitative strategies and macro funds showed losses due to the sudden positive momentum in
An overwhelming majority (94 per cent) of UK-based financial services industry decision-makers believe that Artificial Intelligence (AI) has the most potential to revolutionise the sector over the next five years, considerably ahead of blockchain (53 per cent) and the Internet
Nigel Strachan (pictured), head of business development at Kleinwort Benson’s corporate services business in Jersey and the new chairman of the Jersey Funds Association, sees new opportunities for mezzanine finance to pick up the slack where leverage from traditional sources
