The Hennessee Hedge Fund Index advanced 1.3% in April (+3.80% YTD), while the S&P 500 advanced 2.9% (+8.4% YTD), the Dow Jones Industrial Average increased +3.98% (+10.65% YTD), and the NASDAQ Composite Index gained +3.32% (+8.32% YTD). Bonds advanced, as
Alter Domus, a provider of Corporate and Fund Services to private equity houses, real estate firms, multinationals and private clients, has moved to a new Corporate Governance structure that is more in line with its operating model and future challenges.
Jersey-based Dominion Corporate Group is increasing its regulated funds service capabilities with the formation of a new Luxembourg-based management company. Through the new entity, DCG Management Company, the group will be able to service new markets in a changing European
Willem Sels (pictured), UK Head of Investment Strategy at HSBC Private Bank, on last week’s ECB meeting… The European Central Bank (ECB) last week provided the expected 0.25% rate cut and came to the rescue of banks, but not Eurozone
One of the most important relationships for any new hedge fund manager is with their chosen prime broker. This is who the manager relies upon for financing positions through margining, providing leverage, lending securities for shorting selling activity, clearing and
Hedge funds lost 1.04% in November, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is down 4.70% in 2011. “The S&P 500 gained 0.10 per cent during the month, concealing stomach-churning intra-month volatility,” says Sol Waksman
By Simon Gray – The Isle of Man is seeking to give its fund services industry new impetus by attracting fresh fund administration business and is looking for new service providers to expand capacity in the island. But at the
BCS Prime Brokerage (BCS), an independent Russian financial institution, has launched an international brokerage business after being granted UK regulatory authorisation by the Financial Conduct Authority (FCA) to deal and advise on investments and hold client assets. BCS Financial
By Peter Craig – The alternative investment industry is currently seeing a surge in potential new entrants thanks to the shake-out engendered by the financial market turbulence of the past three years and the impact of new restrictions on proprietary
To paint a picture of the hedge fund space today is to show a world of tightening margins, an industry where fee-structures have shifted away from the historic 2 and 20 compensation structures and a business model restrained by regulatory
