US Senator Jack Reed has introduced the Private Fund Transparency Act of 2009 in an effort to strengthen financial oversight of hedge funds and other private investment funds.
Global Advisors Bitcoin Investment Fund (GABI) completed its initial offer period in early September, and has now taken the first step to deploy the fund’s assets into bitcoins. Recent price weakness has been observed and attributed to a series of
Apparently unscarred by the Amaranth Advisors fiasco, the trader whose natural gas trades triggered the collapse of the Connecticut hedge fund manager nearly two years ago is back in busin
The Alternative Investment Management Association has welcomed comments about the hedge fund industry contained in the Treasury’s white paper on reforming financial markets.
Saxo Capital Markets UK (SCML), the UK subsidiary of Saxo Bank A/S, has appointed Anthony Belchambers, former chief executive of the Futures & Options Association, as a non-executive director. Belchambers joins from FIA Europe, formerly the Futures & Options Association,
Administration and corporate services firm Crestbridge has appointed Gren Carr-Jones as a director in its Luxembourg office. Carr-Jones will act as director for the fund and corporate entities Crestbridge administers on behalf of clients. A real estate specialist with
Sunrise Capital Partners has opened to outside investors the Sunrise Aggressive Diversified Strategy, the latest global macro offering from one of the world’s premier systematic trading firms. The launch culminates 15 years of research and proprietary trading on the strategy,
2014 has been good for long/short equity funds, asset-wise – investors poured USD51.6 billion (net) into them in H1 2014, the strongest inflows since H1 2006. According to the latest data from Eurekahedge, global hedge funds saw net inflows of
UBS Asset Management has added its Xtra Yield strategy to the firm’s Luxembourg-domiciled SICAV by a launching a UCITS compliant version of the fund reported Citywire Global this week. Investors can choose from four different strategies in the UBS Strategy
Domestic regulations in Europe are inhibiting the cross-border benefits of the European Commission’s Alternative Investment Fund Managers Directive (AIFMD), according to analysis by law firm CMS. CMS has released a passporting guide to help Alternative Investment Fund Managers (AIFMs) navigate
