Societe Generale Securities Services and Credit Suisse (Deutschland) have signed an agreement on a partnership under which SGSS will provide Credit Suisse Asset Management in Germany with fund administration services. Credit Suisse Asset Management in Germany has decided to outsource
The Hennessee Group has analysed its Hennessee Hedge Fund Indices to determine which strategies have outperformed the S&P 500 Index during times of crisis, and which strategies generated attractive risk-adjusted returns while providing downside protection. In its analysis, the Hennessee
Investors continued to allocate new capital to hedge funds in the second quarter of 2010 with the industry experiencing a net inflow of USD9.5bn, according to figures released by Hedge Fund Research. Volatility returned to global capital markets in 2Q10
Morten Spenner, CEO at International Asset Management (IAM), comments on the results of the Towers Watson Global Alternatives Survey 2010 pertaining to funds of hedge fund assets managed on behalf of pension funds. A recent Towers Watsons Global Alternatives Survey
Gottex Fund Management, an alternative asset management group, had total fee-earning assets of USD7.26bn at 30 June 2010, down 8.3 per cent from 31 March 2010. This total consisted of USD6.8bn in assets under management and GSS assets of USD0.45bn.
Dalton Strategic Partnership plans to increase the risk profile of the Melchior European Fund, a Cayman Island-domiciled European equity long short fund which was launched in October 2006. This change in risk profile is being made to establish a clear
Dominion Corporate Group, a provider of management and administration services to corporations and institutional clients, has opened its Luxembourg office. The extension of Dominion’s operating platform provides clients with a service that meets demand for onshore, offshore and combined structures.
LaCrosse Global Fund Services has agreed to acquire the global alternative fund administration business of Bank of America Merrill Lynch, subject to regulatory approval. Terms of the deal were not disclosed. Once the acquisition is complete, LaCrosse will have more
UBS Investment Bank has expanded its UBS E-Tracs exchange-traded notes platform by adding the UBS E-Tracs Alerian Natural Gas MLP Index. It has begun on NYSE Arca under the ticker symbol MLPG, and provides exposure to an equal weighted
Algorithmics, a provider of risk solutions, has cautioned against the danger that is inherent in proposals to use standard liquidity ratios that do not account for bank size, resulting in a simplistic indication of a bank’s liquidity position. The comments
