Fortress International has launched a Luxembourg Life Fund, Fortress International Capital & Partners SCS, which allows qualified investors residing in tax treaty countries to take advantage of this transparent and efficient investment vehicle. The fund, which has started to receive
Global foreign exchange markets continued their migration to electronic execution last year as e-trading volumes increased amid a decline in overall FX trading activity, according to Greenwich Associates. The company’s latest research suggests that customer electronic foreign exchange trading volumes
Seven individual products managed by Salus Alpha recorded positive returns in April. The Salus Alpha Managed Futures fund returned +10.24% for the month to date, outperforming the S&P 500 Index by +8.76%. The fund’s performance was 11.37% better than the
The Finles/IEX Dutch hedge fund index posted a +1.7% return in March, outperforming the HFRX Global hedge fund index by 0.32%. The best performing funds in march were: Aster-X panorama Fund; IdB Alchemy; European Opportunities Fund; Fonds Bloemendaal; and EV
The Alternative Investment Management Association (AIMA) has expressed concern about the issue of dual registration for non-US investment advisers in legislation currently being debated on Capitol Hill. “We fully support the financial stability goals of the Restoring American Financial Stability
“The Special Limited Partnership (SCSp) has been successfully introduced into Luxembourg law. It is set to benefit from onshore fund activity following the AIFMD and is of particular interest to Anglo-Saxon managers and investors given their familiarity with limited partnership
Fitch Ratings has published its revised methodology relating to the analysis of European covered bonds secured on commercial mortgage loans. The revised approach measures more precisely the credit risks of granular commercial mortgage loan portfolios securing covered bonds. The main methodological
Eurex set a new daily trading volume record on 5 May with 19.5 million contracts, surpassing the previous record of 19.2 million contracts set on 14 May 2008. ISE trading volume was 4.6 million contracts. Eurex’s equity based derivatives (equity
GLG Partners has reported a GAAP net loss attributable to common stockholders for the quarter ended 31 March 2010 of USD60.8m, or USD0.27 per fully diluted share. Non-GAAP adjusted net loss was USD3.1m, or USD0.01 per non-GAAP weighted average fully
Fortress Investment Group made a GAAP net loss of USD261m during the first quarter of 2010 compared to a loss of USD287m for the first quarter of 2009. The GAAP net loss attributable to class A shareholders was USD84m, or
