Christophe Bernard (pictured), Chief Investment Officer, summarises the key features of Union Bancaire Privée’s outlook for 2010. The climate at the end of 2009 is confirming that the economic recovery is under way, albeit at contrasting speeds in the G7
Several well-known hedge fund managers have backed new reinsurance vehicles, with the aim of using stable premium flows in lower-risk underwriting business to support higher returns on the companies’ asset portfolios. The business model sounds simple, but achieving these goals
Alternative asset manager Investcorp and Prosiris Capital Management, a New York based hedge fund manager led by former Goldman Sachs managing director Reza Ali, have formed a strategic partnership that will provide Prosiris with support and stable growth capital while
Hedge funds posted gains for the third consecutive month in August, as the Euro advanced on optimism for a resolution of the European sovereign debt crisis. The HFRI Fund Weighted Composite Index posted a gain of 0.8 per cent for
The Hennessee Hedge Fund Index increased 0.97 per cent in August and is up 3.82 per cent year-to-date. The S&P 500 gained 1.98 per cent in August (+11.85 per cent YTD), the Dow Jones Industrial Average advanced 0.63 per cent
IMQubator, the hedge fund seeding platform backed by APG, has committed EUR25m in seed capital to the iSTAR fund being set up by Rudolph Shally and Thomas Artarit. Thomas and Artarit previously worked together at AIG Financial Products in Tokyo
Money market funds are a relatively new development in South Africa having first appeared in the country in 1995. And already the sector has attracted ZAR240 billion; this figure amounts to just under a quarter of the South African unit
The hedge fund industry redeemed USD7.4bn (0.4 per cent of assets) in July, building on outflows of USD4.2bn in June, according to BarclayHedge and TrimTabs Investment Research. Based on data from 3,119 funds, theTrimTabs/BarclayHedge Hedge Fund Flow Report estimated that
While some of the froth surrounding managed accounts is gone, investors have an ever-broadening range of options to choose from, says Marion Mulvey (pictured), EMEA Head of Alternative Investments Global Transaction Services, Citi, and Lou McCrimlisk, EMEA Head of Relationships,
Outsourcing is an increasing fact of life for the financial services industry in the Channel Islands, but local firms differ in their approach. However, industry participants agree that maintaining service quality is vital. Guernsey’s outsourcing guidelines enables fund promoters to
