Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished April up 1.39 per cent, with nine out of 10 strategies in positive territory. In total, the industry saw estimated inflows of approximately USD3.36bn in April, bringing
Goodman has appointed London-based Independent Franchise Partners as a sub-adviser with a global value mandate for Marquis Institutional Global Equity Portfolio. IFP is expected to take up its new mandate on 1 October 2009, replacing Morgan Stanley Investment Management. The
BlueBay Asset Management, a specialist manager of fixed income and alternative investments, has held the final close of the BlueBay Direct Lending Fund. The fund has raised over EUR800m of commitments from institutional investors including pension funds, insurance companies
The PowerShares Listed Private Equity Portfolio will begin tracking the Global Listed Private Equity Index, and will be renamed the PowerShares Global Listed Private Equity Portfolio. The fund will continue to be offered on the NYSE Arca under the existing
Hedge fund matchmaker Hedge Connection has seen its membership growth double in the six months since the SEC lifted the ban on hedge fund advertising. Hedge Connection’s online platform, with its suite of social tools built to facilitate networking within
Cogent Consulting has released a free version of its HedgeTrak web-based broker review and evaluation service for hedge funds. HedgeTrak Lite enables hedge funds to value trading and research services provided by their brokerage firms, in anticipation of upcoming registration
The Lyxor Global Hedge Fund Index, an investable index based on Lyxor’s hedge funds platform which tracks the overall hedge fund universe, lost 0.3% in March. The Middle East/North Africa turmoil captured the attention of most market participants during the
Man Group has reported sales of USD5.7bn for the last six months, including USD2bn in the most recent quarter. Total funds under management were estimated to be at USD43.8bn for the six month period, compared to USD43.3bn as at 30
EFG Private Bank, the London-based subsidiary of EFG International, has launched a fixed income fund in conjunction with Stratton Street Capital. This builds on a longstanding collaboration between the two firms in relation to various fixed income initiatives. The New
Hong Kong-based hedge funds of funds shop Infiniti Capital has introduced a new way to quantitatively rank the risk adjusted returns of hedge funds. The new ranking method, called the Infiniti Single Fund Analysis score, is included as a risk
