The Hennessee Hedge Fund Index declined 0.60% in December (-4.27% YTD), while the S&P 500 advanced 0.85% (-0.02% YTD), the Dow Jones Industrial Average advanced 1.43% (+5.52% YTD), and the NASDAQ Composite Index fell 0.58% (-1.81% YTD). The Barclays Aggregate
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished May down 0.40 per cent, with five out of 10 strategies in positive territory. In total, the industry saw estimated outflows of approximately USD2.53bn in June,
The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.39% in September with all bar one of the sub strategies recording positive performance for the month. Dr Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse, says: "The
By James Williams – "As an Eads board member, I am deeply disappointed the politicians were not persuaded by the industrial logic of this merger which would have created a world-class leader.” These were the words of Sir John Parker,
James Turk, an authority on precious metals, has published a report for the GoldMoney Foundation saying the Thomson Reuters GFMS official figure for the world’s total supply of above ground gold overestimates the stock by 16,032 tonnes, equating to GBP560bn
Funds under management at Man Group totalled USD52.7bn at 30 June 2012, down from USD58.4bn at 31 December 2011. The figure reflects sales of USD7.2bn, redemptions of USD9.6bn, investment movement of -USD0.3bn, FX translation effects of -USD0.5bn and other movements,
Returns Invested in Children and Education (RICE), a Hong Kong and Singapore registered charity launched by Asia-based asset managers and their service providers, raised HKD600,000 in donations at the organisation’s first fundraising event in Hong Kong. The event was attended
Gamma Finance, a provider of advisory services to the alternative investment sector, has been awarded advisory mandates of USD500m by clients seeking to optimise exits from a diverse range of lower-liquidity assets, including real estate and private equity positions. Placement
2100 Xenon Group, an affiliate of Old Mutual Asset Management (OMAM), is to acquire the majority ownership interest in its business from its parent company OMAM. The transaction, the value of which was not disclosed, is expected to close by
Alternative investment firm Hatteras Funds will host a series of forums across the US for financial advisers, home office research teams and consultants to meet the underlying hedge fund managers of the Hatteras Alternative Mutual Funds. Following a similar forum
