GLG Partners, the discretionary investment manager of Man Group, is to launch the GLG Total Return Fund. Available to investors from 29 July, the absolute return strategy will be managed by the macro and relative value (MARV) team, headed up
NYSE Euronext has provided a statement and timeline for the completion of its acquisition by IntercontinentalExchange (ICE), an operator of global markets and clearing houses. ICE and NYSE Euronext now have all regulatory approvals necessary to proceed with closing their
Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) hosted a seminar in Tokyo on Wednesday to update participants on the LME’s markets. The theme of the seminar was the metals marketplace. The event included
Hedge funds are beginning to take advantage of new communications channels one year after the enactment of the JOBS Act, according to a Peppercomm study. "The JOBS Act is working by removing grey areas surrounding hedge fund communications and enabling
The Commodity Futures Trading Commission has filed an action to revoke the registration of Philadelphia Alternative Asset Management as a commodity pool operator after the company was conv
The Securities and Exchange Commission has adopted amendments to the rules that govern money market mutual funds (MMFs), making structural and operational reforms to address investor risk while preserving the benefits of the funds. The rules build upon the reforms
Single stock futures have continued to enjoy strong growth this year at international derivatives exchange Eurex, with trading volume rising by 196 per cent over the past five months compa
Citi has launched hedge fund middle office services, a suite of solutions for hedge fund managers that aims to improve efficiency and allow managers to focus on optimizing investment de
Carne Group, a provider of governance solutions to the global fund management industry, is expanding its Cayman Islands office with the appointment of Vanessa Barrett to its team of independent fund directors. Barrett, a fund director who has worked
BNP Paribas and Morgan Stanley have joined EurexOTC Clear for Interest Rate Swaps (IRS), Eurex Clearing’s central counterparty service for OTC derivatives, increasing the total number of clearing members to 32. “Joining EurexOTC Clear is a major element of our
