March 2010 was the best month in the last ten for hedge funds and pushed the HFN Hedge Fund Aggregate Index to a new peak, surpassing the prior peak level set in October 2007. Performance was strong in March and
The Conifer Group has completed a corporate reorganisation that results in a separation of the broker/dealer and fund administration businesses. United under The Conifer Group, the affiliated entities are Conifer Fund Services and Conifer Securities. The Conifer Group is
Investors are demonstrating growing belief in a robust global recovery and have painted a picture of an ideal investment environment, according to the BofA Merrill Lynch survey of fund managers for April. Belief in macro economic growth has intensified. The
As a result of Kenmar Global Investment Management (UK) being authorised to conduct investment business by the UK Financial Services Authority, the firm is moving forward with its global marketing plan for its Signature Advisors business. Kenmar UK was established
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 2.09 per cent in March, the highest return since November 2009. Managed futures was the best performing sector in the period, returning an estimated 4.84 per cent in
Ramius Alternative Solutions, a division of Cowen Group, has been chosen by Perpetual Investment Management to advise its multi manager group on its hedge funds investment activities. Ramius is an investment adviser offering a range of hedge fund investment and
The HFRI Fund Weighted Composite Index gained 2.7 per cent in March, the highest gain since September 2009. For the quarter the index gained 2.56 per cent. Equity hedge funds posted the strongest gains across four main strategies, with a
Dow Jones Indexes has launched the US Contrarian Opportunities Index. The new rules-based index seeks to measure a "contrarian" investment strategy by focusing on companies with strong recent fundamentals but a lagging three-year-trailing return. The index has been licensed to
ESAF – Espírito Santo International Management has launched a new fund of Ucits III funds. It has designated BAF (Blue Activos Financeiros – SGP) as investment adviser of the fund. The Luxemburg fund, called Dynamic Alpha Portfolio Ucits III, is
Maritime technology and regulatory compliance firm, Pole Star has partnered with global trade finance technology provider TradeIX, to bring Pole Star’s multi award winning PurpleTRAC regulatory technologies to the Marco Polo Network. Developed in conjunction with companies facing regulatory exposure in
