Following its leveraged buyout from Liberty Group in May, Ermitage Limited has appointed Nick Macleod as Head of Quantitative Research & Risk Management. Macleod, a leading light at rival fund of hedge fund house, FRM, will report to Chief Operating
MAXAM Capital Management LLC has made two key appointments: Richard A Phelan as Chief Financial Officer; and David W Jennings as a Managing Director with responsibility for sales and
Hedge fund performance was adversely impacted by the escalation of the Euro-centric sovereign bond crisis in May, with the HFRI Fund Weighted Composite Index declining by 2.26 per cent for the month. May was the worst performance month since November
It may be, as some market participants in Dublin candidly acknowledge, because the global hedge fund business is booming.
Mark Chapman, Managing Partner at Deloitte & Touche in the British Virgin Islands, explores the breadth of investment strategies employed by the offshore jurisdiction’s burgeoning hedg
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will experience its first negative month since February 2009 in May with a fall of 2.73 per cent. The index remains up 1.52 per cent year-to-date and, based on comparable indices,
Dow ends the day down 120 points we therefore remain bearish and fail to see any reason to change this stance.
After falling steadily for four quarters, hedge fund liquidations rose again in the first quarter of 2010 with 240 funds closing during the period, according to the HFR Market Microstructure Industry Report by Hedge Fund Research. Liquidations were disproportionately skewed
Integrated Business Systems, Inc (IBSI), the provider of Visual Portfolio Manager integrated solutions for hedge funds, has reported strong growth in all areas of its business.
Wall Street clawed back some gains yesterday and finished back above 11000 up 56 points at 11405.28 Nasdaq and the S&P 500 also made modest gains .
