The Hennessee Hedge Fund Index advanced 2.46% in October (-2.95% YTD), while the S&P 500 increased 10.77% (-0.35% YTD), the Dow Jones Industrial Average advanced 9.54% (+3.25% YTD), and the NASDAQ Composite Index climbed 11.14% (+1.19% YTD). The Barclays Aggregate
Prominent investors are using the recent market turmoil as an opportunity to pressure private equity firms into changing the way they organise their fee structures. Sovereign wealth funds have been particularly vociferous about changing the traditional model of management fees
CAMRADATA has published a new whitepaper entitled, Global Growth in Global Equities, which examines the outlook for global equities investments and considers why they continue to be the pillar of investors asset allocation and whether this trend will continue. The
By James Williams – Insistence on position-level transparency has been de rigueur since day one says Lisa Fridman (pictured), Head of European Research at PAAMCO, a major institutional FoHF firm established in 2000. She says that whilst they weren’t using
Kleinwort Benson, the UK-based investment management and financial services group that is one of the largest fund administrators in the Channel Islands, will have its banking licence withdrawn by the Jersey Financial Services Commission when the firm is acquired by
Following on from the default of MF Global UK Ltd (MFG), LCH.Clearnet Group has transferred a significant number of clients throughout the last week across multiple markets. In respect of the London Metal Exchange (LME), LCH.Clearnet Limited (LCH.Clearnet) and the
Over half of the respondents in Preqin’s latest bi-annual survey allocate, or plan to allocate, to liquid alternative funds, further reaffirming that this asset class is here to stay. As reported in Preqin’s latest Hedge Fund Spotlight report, 35 per
The third quarter earnings season in the US has turned out better than many initially feared. However, the challenges facing the corporate sector over the coming months are significant, and the likelihood is that the rate of profit growth will
Carne Global Financial Services, a business adviser to the asset management industry, has opened a New York office to complement its presence in Dublin, Dubai, Luxembourg, London, Geneva and the Cayman Islands. Joe Hardiman, managing director, and Paul Bishop, director,
The opening theme at the 1st Annual Offshore Investment Funds Summit was presented by Cayman Islands Government representative Dax Basdeo, who addressed the subject of experience and credibility of the world’s principal offshore fund domicile. The event was held in
