Ader Investment Management (AIM) has launched Accelerator Fund Partners LP, a funding platform for hedge funds looking to boost assets under management and enhance their distribution into family offices and fund of funds. AIM is seeking to act as a
Ilan S Nissan and Christian C Nugent have joined Goodwin Procter’s Private Equity Practice as partners in its New York office. They will focus on advising private equity funds, hedge funds, alternative asset managers and their portfolio companies on a
Nine of the 11 Newedge Hedge Fund Indices saw gains in October, including the Newedge CTA, Trend, and Short-Term indices. Trend-following strategies, as represented by the Newedge Trend Index, faired particularly well, finishing the month up 2.55 per cent.
The Arbitrage Event-Driven Fund, which is advised by Water Island Capital, has been rated 5-Stars Overall out of 94 market neutral funds by Morningstar based on risk-adjusted returns performance. Morningstar’s Overall rating takes into account a fund’s risk, volatility and
The International Swaps and Derivatives Association (ISDA) and Markit have launched the ISDA Canadian Representation Letter on ISDA Amend, a joint electronic solution that streamlines aspects of compliance with Dodd-Frank, EMIR and other over-the-counter derivatives regulatory requirements. On 14 November
What a novel idea. The asset management arm of giant insurer AIG is forming a partnership with a hedge fund investment group to seed emerging hedge funds.
The board of the London Metal Exchange (LME) has approved the proposed changes to its warehousing policy designed to cut queues at warehouses, following a three-month consultation with the global metals industry. The LME has closely engaged with the FCA
Highland Capital Management has launched its first European regulated fund and will act as the sub-advisor of the BB Highland Floating Rate Fund. The fund has been launched as an Irish Qualified Investor Fund (QIF) in partnership with BB DTVM,
Northern Trust has enhanced its collateral management system to include forward settling mortgage-backed securities (MBS) in response to new margin recommendations affecting asset managers that use the securities in a variety of fixed income trading strategies. Offered as a component
Cayman Islands law firm Truman Bodden has announced a merger with Higgs & Johnson of the Bahamas as of the beginning of next year.
