Steven Harmelin, the receiver for Philadelphia Alternative Asset Fund and related entities, has reached an agreement with MF Global to settle litigation brought by the receiver against MF
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has launched its quantitative analytics platform QA Direct in the Cloud through Microsoft Azure. The Cloud-based service means asset managers and hedge funds can get faster access to data for
With the exception of a stable CTA Global strategy and a profitable Fixed Income Arbitrage strategy, all the major hedge fund strategies in the EDHEC-Risk Alternative Indexes finally registered losses after a first quarter of positive but waning performances. The
Chi-X Europe, the pan-European equities exchange, has received an enquiry from a third party which may or may not lead to an offer for the whole or partial sale of the company. The enquiry is currently being reviewed by the
Switzerland-based data giant SIX and Eagle Investment Systems, a BNY Mellon company, have expanded their existing alliance to help Eagle clients source global sanctions data. SIX and Eagle have had a relationship since 2011. Eagle clients can now source sanctions
Managed futures managers experienced mixed performance for July, the latest report from Lipper Tass shows. While discretionary managers saw gains benefiting from long equity, commodity trading exposures and yields edging downwards, systematic traders ended in negative territory on market trend
Size mattered in the fund of hedge funds sector in 2011, as large managers saw AUM fall while those in the mid-market enjoyed an average 10% increase, the latest Preqin research shows. In total, 24% of fund of hedge funds
Ken Griffin’s Citadel Investment Group has agreed to plough in USD2.25bn in embattled discount brokerage E*Trade Financial Corp.
The Morningstar 1000 Hedge Fund Index rose 2.7 per cent in July, while the currency-hedged Morningstar MSCI Composite Hedge Fund Index climbed 0.9 per cent. Year to date through July, these indexes were up 0.4 per cent and 1.7 per
Alternative asset manager KKR has begun trading on the New York Stock Exchange. In accordance with previously announced plans, the common units of KKR Guernsey no longer trade on Euronext Amsterdam “Today’s NYSE listing is an important milestone for KKR,
