A federal court in Charlotte, NC, has entered an emergency order freezing assets held by defendants Toby D Hunter of Waxhaw, NC, and his companies, Prestige Capital Advisors, LLC (Prestige) and D2W Capital Management, LLC (D2W) of Charlotte, NC. The
PineBridge Investments, the global multi-asset class investment manager, has launched a Euro-hedged share class for its PineBridge Merger Arbitrage Fund. The fund, which is managed by PineBridge Managing Director, Lan Cai, offers transparent, absolute returns with simple, explainable alpha sources
By Simon Gray – For most of the past two decades, there have been only two significant international fund domiciles and servicing centres in Europe, Luxembourg and Dublin. But just as new rules governing both traditional and alternative investments draw
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.27% in September. “Net inflows for the month were the second highest this year, and the highest for September since the Index began in 2006,” says Hans Hufschmid
Fitch Ratings says that European Absolute Return (AR) and Multi-Asset Flexible funds did not always perform well and provide investors with sufficient downside protection during the market volatility this month. European AR funds lost 2.5% and Flexible funds lost 7.6%
Christopher Fawcett (pictured) is a senior partner at London-based Fauchier Partners, a fund of hedge funds manager with approximately USD8.1billion in AUM. As one of the trustees of the Hedge Fund Standards Board, he’s keen to point out that the
The Grand Court of the Cayman Islands has, for the first time in the context of a failed investment fund, has found two directors guilty of wilful neglect or default in the discharge of their duties. The proceedings, brought by
Hedge funds posted their largest monthly declines since May 2010 in August, with the HFRI Fund Weighted Composite Index declining by 2.3 per cent, according to data released today by HFR. With the August losses, year-to-date performance for the
The Isle of Man’s Department of Economic Development (DED) has announced a radical shake-up of Financial Services that will mean a more collaborative approach with industry and the creation of a new Public Private Sector promotional model allowing the sharing
Glen Millar, head of Kinetic Partners’ Swiss operations, on the Swiss-UK tax arrangement announced on Thursday by the Treasury… The news that the UK and Switzerland have reached a landmark deal that will see unpaid UK taxes from Swiss offshore
