Barclays Capital, the investment banking arm of Barclays Bank PLC, has signed up to receive order flow from Fidessa’s global connectivity network.
Schroders acquisition of NewFinance Capital, the London-based funds of hedge funds manager, is now complete following receipt of FSA approval.
Utrecht-based Finles Capital Management has launched the Star Selector Fund, with investors only paying a performance fee.
Hedge Fund Research has signed a deal under which Mercer IC and its clients will have access to extensive data on single strategy transparent hedge funds.

Japan’s fund management sector needs to develop attractive products focused on fast-growing Asian economies and shift to a more incentive-based compensation structure to attract key talent, add clients and lift profit margins, according to a white paper by Casey Quirk
Fund administrator Investment Data Services (IDS) has joined forces with insurance broker Glenrand MIB to provide affordable insurance cover to clients.
The Lyxor Hedge Fund Index was up 0.92 per cent in April. The top performing strategies over the month were fixed income arbitrage (up 3.02 per cent), L/S credit arbitrage (1.95 per cent), and convertible bonds and volatility arbitrage (1.79

Deutsche Bank has partnered with Toscafund to launch a Ucits III version of the Tosca Mid Cap fund. The fund, launched on Deutsche Bank’s Platinum platform, will seek to mirror the Tosca Mid Cap Fund managed by Martin Hughes, the
Finisterre Capital, an emerging markets total return specialist, is changing the name and liquidity terms of the Finisterre Special Situations Fund. The fund will now be known as the Finisterre Credit Fund and will continue to concentrate on bottom-up