Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, are up 0.6 per cent year-to-date as of 30 June, posting positive performance for four out of six months in the first half of 2010. To date
Battenkill Capital Management, a Princeton, New Jersey-based investment adviser, has been engaged as a sub-adviser by Hatteras Alternative Mutual Funds, a provider of alternative investment mutual fund products. Battenkill will employ its market neutral strategy on behalf of Hatteras, which
PENSCO Trust has launched an education initiative to help investors prevent fraud. “PENSCO is committed to helping investors stop fraud before it happens,” says PENSCO CEO Kelly Rodriques. “Investing in alternative assets in tax-advantaged accounts is a terrific way to
The Morningstar 1000 Hedge Fund Index fell 0.3 per cent in June, ending the quarter with a 3.6 per cent loss and down 2.2 per cent for the year to date. The currency-hedged Morningstar MSCI Composite Index also dipped slightly
Morgan Stanley and UBS have joined the Life & Longevity Markets Association as full members. They join original members Axa, Deutsche Bank, J.P. Morgan, Legal & General, Pension Corporation, Prudential, RBS and Swiss Re. The LLMA was formed to promote
At last month’s Lyxor 4th Annual Hedge Fund Conference in Paris, an interesting paper dealing with the way that market exchanges operate in single and fragmented markets and the social consequences that investing in speed has on investors, was presented
Union Bancaire Privée had net earnings of CHF103.3m (USD95.6m) at the end of the first half of 2010, in line with expectations. UBP attracted CHF3.4bn (USD3.1bn) in capital inflows in the first half of 2010 and has seen its total
Kotak Mahindra (UK), a wholly owned subsidiary of India’s Kotak Mahindra Bank, is launching a fixed maturity plan to help foreign investors access the India corporate debt market. This follows the closure in early July of Kotak Fixed Maturity Plan-I,
Interview with Mike Rosen, senior managing director, Concept Capital Markets – The outsourcing of middle- and back-office services as well as increased demand for better technology in areas such as portfolio analytics, performance measurement and risk management are key trends
More than USD7.7bn in catastrophe bonds has now been listed on the Cayman Islands Stock Exchange in the British Overseas Territory. Cayman Finance chairman Anthony Travers says the latest figures emphasise the extraordinary growth in this particular sector since 2007
