Gottex Fund Management is to establish a joint venture with VStone Asset Management, a private asset manager, which will provide access to mainland China asset management and investors. Gottex, which has one of the largest hedge fund teams in Asia,
Trading volume last month at international derivatives exchange Eurex totalled 197.7 million contracts, compared with 196.3 million a year earlier and 194.6 in May.
The US Securities and Exchange Commission (SEC) has charged Barclays Capital with failing to maintain an adequate internal compliance system after its US wealth management business acquired the advisory business of Lehman Brothers in September 2008. An SEC examination and
Volatile financial markets continued to impact the hedge fund industry in the second quarter of the year, contributing to more than 180 hedge fund liquidations, according to Chicago-based
The National Futures Association (NFA) has ordered Forex Capital Markets (FXCM), a registered retail foreign exchange dealer located in New York City, to pay a USD200,000 fine. NFA issued the fine to FXCM for conducting business with an unregistered entity
GLG Partners has announced that Galia Velimukhametova is to join its London office as a portfolio manager, working alongside Steve Roth, portfolio manager for the GLG Credit Fund and Marke
Paris-based Olympia Capital Management has launched the Olympia Energy Fund, a diversified multistrategy energy-related fund of hedge funds with an
The Maples group is expanding its presence in the Asia Pacific region with the launch of the full service offering of MaplesFS in Singapore. MaplesFS, through its operating divisions Maples Fund Services and Maples Fiduciary, is an independent provider of
US Bancorp Fund Services has agreed to acquire Quintillion Limited, an Ireland-domiciled full-service hedge fund administrator. The announcement supports US Bancorp Fund Services’ initiative to expand its alternative investment servicing network supporting the European investment community. “This acquisition continues
smartTrade Technologies has released a new version of its order management system (OMS), which has been adopted by clients in Europe, the Americas and Asia Pacific. smartTrade clients have optimised trading flow by using smartTrade OMS to handle client orders
