Trinity Fund Administration (Cayman) Ltd has opened a new office in New York City. The New York office will be primarily a local contact point enabling the firm to better facilitate its North American clients and business partners. John McCann
Scottish Widows is transferring GBP2.1 billion into portfolios linked to the FTSE RAFI Index Series. The mandate represents the largest single investment from a UK institutional investor into the FTSE RAFI Index Series. The funds will be linked to three
The Hennessee Hedge Fund Index increased 0.06 per cent in June and is up 2.10 per cent year-to-date, according to the Hennessee Group. In June the S&P 500 gained 3.96 per cent (8.66 per cent YTD), the Dow Jones Industrial
Hedge funds gained 2.11% in September, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 7.30% year to date. "The Fed's decision to delay tapering surprised investors and drove equity prices higher through mid-month," says
The European funds industry suffered redemptions of EUR3.6bn in May, reducing the total for net sales over the year-to-date to EUR108.8bn, according to Lipper’s latest FundFlash report. The picture looked even grimmer for long-term funds (excluding money market funds) as
Total capital invested in the hedge fund industry regained the USD2 trillion milestone to conclude 2011, according to data released today by HFR (Hedge Fund Research). The industry originally eclipsed USD2 trillion in AUM in Q1 2011 and peaked at
Babson Capital Management has appointed Ricardo Adrogue and Brigitte Posch to lead the firm’s new Emerging Market Debt investment team. Adrogue joins Babson Capital from Cabezon Investment Group, where he was a Member and Emerging Market Fixed Income portfolio manager.
The Luxembourg funds industry continued to expand over the last 12 months despite the eurozone crisis and declines in major stock indices. The number of funds in Luxembourg rose by 4.84% to 3,833 and net sales amounted to EUR16.998bn. While
By Simon Gray – Multi-manager offerings have long been central to Switzerland’s alternative investment industry, and that seems unlikely to change any time soon, but the five years since the onset of the global financial crisis in mid-2007 have seen
Hedge fund managers will be able to access new capital sources over the next 12 months as 80% of investors are at least considering investing with new managers, the latest Preqin research reveals. Furthermore, 38% of investors are planning to
