The board of BISYS Group, Inc has accepted the resignation of Russell P Fradin, President, Chief Executive Officer and Director of the Company, with effect from 5 September 2006.<
Shore Capital is planning to launch the Puma Sphera hedge fund on 1 December, replicating a proven long-short equity strategy managed by Tel Aviv-based Sphera Fund Management since 2001.
Linedata has secured two new hedge fund clients in Asia, with both selecting Linedata Global Hedge to support their businesses. One of these, Magenta Advisors, an independent boutique asset management and investment advisory firm based in Singapore, selected the portfolio
GLG, the discretionary investment manager of Man Group, has made a number of senior hires to its macro and fixed income team. The appointments are part of a focus on expanding GLG’s strategy as it relates to absolute return macro
Thornburg Investment Management (TIM), the USD87bn asset manager, has opened an office in London to enhance its global distribution capabilities. TIM has appointed Chris Elsmark and Karim Elfar to the newly-created positions of joint managing directors in the firm’s
Eric Derobert of Caceis summarises the implications of MIFID on the European financial services sector.
The Headstart Fund of Funds advised by Headstart Advisers and chief investment officer Najy Nasser outpaced the leading fund of hedge funds benchmarks for the fourth consecutive year. The Headstart Fund of Funds returned an estimated 11.21 per cent in
Advise Technologies, a software solutions provider for global regulatory compliance, saw rapid growth during 2012. Advise secured significant new client gains across the US fuelled by demand for its solutions, including its Consensus RMS suite of regulatory reporting tools. A
GAM Group AG (GAM), a wholly owned subsidiary of GAM Holding AG is to enter into a partnership with QFS Asset Management L.P. (QFS), a US-based alternative asset management boutique that specialises in currency, global macro and fixed income strategies.
Credit-based hedge fund strategies could well see increased investor demand as Asia’s credit markets continue to mature. In a recent blog on Preqin, Ivan Jincheng Han wrote that corporate credit and high yield are expected to remain high and are
