The hedge fund industry posted an estimated inflow of USD6.6 billion (0.4% of assets) in December 2010, the sixth straight inflow, according to TrimTabs Investment Research and BarclayHedge. Industry assets stand at USD1.7 trillion, the highest level since October 2008.
A survey report released by RBC Dexia and Accenture (NYSE: ACN) has revealed that a majority of fund managers expect their company’s return on equity to remain below pre-crisis levels, and a significant number are increasing their focus on cost
Harcourt Investment Consulting has launched Belmont (Lux) Recovery, a diversified fund of hedge funds dedicated to credit and distressed assets.
Australian based absolute return and hedge funds continued their outperformance during May, returning an average of 2.55 per cent across all strategies, according to Australian Fund Mon
Schroders has launched two absolute return currency funds – Schroder ISF Absolute Return Currency EUR and Schroder ISF Absolute Return Currency USD. Both are UCITS III compliant with daily liquidity, and aim to offer both institutional and retail investors vehicles
JP Morgan is the only tri-party collateral manager to accept physical gold as collateral to satisfy securities lending and repo obligations with counterparties. This comes as more clients look to use gold as a hedge against inflation and to post
The Shamrock Activist Value Fund has sent a letter to Texas Industries giving notice of its intent to nominate three candidates for election to its board of directors.
The asset management division of Merchant Capital is teaming up with institutional currency trading electronic communication network (ECN) Hotspot FX, to launch a FX proprietary trading package this month, Merchant Capital FX . Merchant Capital FX will provide proprietary
The Alternative Investment Fund Managers Directive (AIFM Directive) is hugely complex. Many have reservations on this contentious European initiative, a final draft of which was passed by the European Parliament on 11th November 2010. The Directive is an attempt to
Viteos Fund Services, a global hedge fund administrator and middle office outsourcing operations service provider, has launched the Viteos Managed Account Platform.
