The Credit Suisse/Tremont Hedge Fund Index gained 0.17 per cent in January as hedge funds posted positive performance despite market reversals. The best performing strategy in January was fixed income arbitrage (2.02 per cent) with managers finding a number of
By Jason Bingham, Mourant – Many of the most sophisticated structured products in issuance are currently listed on the CISX. Mourant currently administers and acts as listing sponsor to a number of structured product preference share platforms established in the
MSCI is to use Interactive Data Corporation’s Fair Value Pricing to provide fair value adjusted index data for its global equity indices. The aim is to make it easier for active mutual fund managers to explain the tracking error caused
The Newedge Volatility Trading Index fell by an estimated 1.18 per cent in January 2010. This follows an estimated decline of 1.29 per cent the previous month. The index has returned 8.24 per cent since inception. Newedge VTI consists of
After some disappointing returns in May, the stock market endured another difficult month. In June, the S&P 500 index recorded a second month of significant losses (-1.67%) and implied volatility (16.5%) rose again (1%). However, these hard times brought an
All seven of IndexIQ’s hedge fund replication and alternative beta indices, which underlie a variety of investment products including ETFs, mutual funds and institutional accounts, produced positive performance in May. The IQ Hedge Event-Driven Beta Index led the way with
Centurion Fund Managers will make available the Defined Return Fund Longevity Plus class to high net worth investors. The fund has previously only been available to institutional investors. Professional investors will now have the opportunity to participate in a life
Morgan Stanley Alternative Investment Partners (AIP) has obtained USD500 million in commitments for AIP Strategic Opportunities Fund I (SOF I), a closed-end fund focused on medium-term opportunities in the hedge fund space. SOF I will focus primarily on hedge fund
The Credit Suisse/Tremont Hedge Fund Index rose 0.17 per cent in January. Overall, fund managers largely escaped the downswings experienced by equity markets during January and the top performing sectors included fixed income arbitrage (2.02 per cent) and event driven
Fortress Investment Group has signed a definitive agreement to acquire Logan Circle Partners from Guggenheim Partners. Logan Circle is a fixed income asset manager with approximately USD12bn in assets under management. It manages portfolios for institutional investors in strategies that
