New hedge fund launches rose to the highest level in three quarters in Q1 2015, as strong performance industry-wide drove both total global hedge fund capital and the total number of hedge funds to record levels. Hedge fund launches totalled
Franklin Templeton Investments has amended the objectives for its three Luxembourg-registered multi-asset funds to include return and volatility targets effective 19 June. The funds, which are part of the Franklin Templeton Investments Fund (FTIF) range, will also be renamed
San Francisco-based Ashbury Heights Capital has been granted leave to proceed with its fraud and breach of contract lawsuit against market intelligence company FactSet Research Systems and securities executive Doug Engmann. The ruling by a California Court could impact over
Liquidnet is integrating with seven Order Management Systems (OMS) to provide direct connectivity into the first dark pool for corporate bonds, which is scheduled to launch in Q3. Through these integrations, Liquidnet is centralising a critical mass of corporate bond
Hedge funds were up 0.92 per cent in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index has gained 4.58 per cent year to date. “Developed market equities lead the way to a profitable month for
Markit has launched an Alternative Investment Fund Managers Directive (AIFMD) external valuer service providing independent valuations for alternative investment fund managers. Markit’s aim is to help customers address the statutory and policy requirements of fund managers, regulators and investors for
Lazard Asset Management (LAM) has appointed Léopold Arminjon as a portfolio manager/analyst. Based in London, Arminjon will be responsible for running a new European long/short equity strategy to be launched later this year. “Léopold brings with him over 18 years
European policy makers have proposed money market fund (MMF) reforms relatively similar to the US changes slated to take effect next year, says Moody's Investors Service in a new report. "As in the US, the goal in Europe is to
Conestoga Capital Advisors has added Derek Johnston, CFA, and Larry Carlin, CFA, to the firm. Both will serve as Equity Research Analysts and support Conestoga's research of small- and mid-capitalisation stocks. Johnston is joining Conestoga from 300 North Capital, a
The Association of the Luxembourg Fund Industry (ALFI) has appointed Denise Voss as chairman of ALFI. Voss takes up the position, which will initially run for two years, with immediate effect. “I am very excited about this appointment,” says Voss.
