Citigroup is shuttering its USD2bn Tribeca Global Investments hedge fund business and will return money to investors in order to focus its efforts on Old Lane, an investment manager with U

Swiss-based hedge fund manager RMF Investment Management has launched a fund of hedge funds, RMF Environmental Opportunities Fund, which will invest purely in environment-related industrie

Global interdealer broker Icap, which is active in the wholesale markets in interest rates, credit, energy, foreign exchange and equity derivatives, experienced record volumes for its elec

Fulcrum, a Bermuda-based administrator for the global hedge fund and alternative asset management industry, has appointed industry veteran Fred Jacobs as managing director for business dev

Moscow-based Troika Dialog Asset Management, in conjunction with Deutsche Bank, has closed CDO I, the first ever rouble-denominated collateralised debt obligation invested in Russian corpo

Swiss fund of hedge funds manager Salus Alpha Management is launching the Salus Alpha Equity Hedged fund, a Ucits III-compliant vehicle that invests in an index comprising up to 30 long/sh

Gerken Capital Associates, a San Francisco-based alternative asset manager that manages or advises on USD1.4bn in assets, has announced the launch of the GCA Latam Hedge Fund, with BBVA Ba

NOS Clearing, the world’s leading clearing house for freight derivatives, is opening an office in Singapore and is extending clearing to include more of Asian time zone trading hours.

Fidessa Group has announced that Cornhill Asset Management, a specialist initial public offering and pre-IPO brokerage firm, is now live with Fidessa’s European Trader Workstation (ETW) in

The first signs that the fall-out from the collapse of the US sub-prime mortgage sector may be easing came this week, with BNP Paribas reopening three funds after resolving asset valuation