The Credit Suisse/Tremont Hedge Fund Index was up 4.06 per cent in May, the largest monthly gain since February 2000.

MF Global, an intermediary offering solutions in global cash, derivatives and related markets, has appointed James Rowsell as managing director of Europe, effective immediately.

Total fee-earning assets for the Gottex group increased to USD 8.3 billion in Q4 2010, up from USD7.8 billion at 30 September 2010, according to the company’s pre-close trading statement for the year ended 31 December 2010. In addition, assets

Offshore legal, fiduciary and administration service provider Appleby has merged with Dickinson Cruickshank, the largest law firm in the Isle of Man.

Some members of the financial industry in the UK are up in arms at the European Commission’s plans to create a new layer of financial supervision a

Armajaro Asset Management is expanding its successful hedge fund range with the launch of its sixth fund, the Armajaro Natural Resources Fund. Nick Glinsman has joined Armajaro Asset Management to manage the fund, which will launch on 1 February, 2011

May was the best month in almost a decade for hedge funds, with the composite Eurekahedge Hedge Fund Index up 5.2 per cent and the industry seeing net inflows (USD1.5bn) for the first t

The Morningstar 1000 Hedge Fund Index rose 4.0% in December, resulting in an increase of 10.4% for the year, according to preliminary results released by the investment research firm.   The currency-hedged Morningstar MSCI Hedge Fund Index experienced a 3.0%

Directional hedge fund strategies were the primary drivers of portfolio performance in 2010, most notably event driven, distressed and emerging markets according to the latest data released by hedge fund adviser Hennessee Group.   The underweighting of these strategies in