SAM, the alternative asset manager launched by Lord Stanley Fink in 2008, has launched IS Prime, a new foreign exchange brokerage service. IS Prime will only target institutional investors – retail brokers, asset managers, regional banks, hedge funds and family
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action charging Oscar Hernandez of Miami, Fla., and his Miami-based companies, Midway Trading Company, LLC and Conquest Investment Group, Inc., with operating a USD3 million commodity pool Ponzi
Standard & Poor’s Ratings Services said today that the ratings and outlook on UK-based hedge fund manager Man Group PLC were unaffected by the 8.5% decline in assets under management (AUM) during the quarter ended 30 September, 2011. Man’s preclose
This week the Management Board of Directors of the Palaedino Fund announced that London-based Sabre Fund Management Limited had launched the Sabre Dynamic Equity Fund. This is the seventh fund to join the Palaedino UCITS Platform, a Luxembourg SICAV established
Equinox Funds has expanded its Alternative Strategy Platform with the addition of the Equinox Aspect Core Diversified Strategy Fund (EQAIX). By deploying a medium-term trend following strategy developed by Aspect Capital Limited (Aspect), a legendary alternative asset management firm based
Imatchative, the company behind the AltX data analytics platform and marketplace for capital introduction in the global alternative asset class space, has appointed John Bohan to the role of Head of Corporate Development Having served as an advisor to the
SW Mitchell Capital, the USD2billion London-based European equities specialist is planning to soft close the
Credit Suisse Asset Management (CSAM) has closed its ILS Property & Casualty Fund (the P&C Fund) with a total of USD576 million in capital commitments from a diverse mix of institutional investors. The P&C Fund includes investors from the US
The Securities and Exchange Commission has charged a Long Island-based investment adviser with defrauding investors in hedge funds investing in PIPE transactions and misappropriating more than USD1 million in client assets for his personal use. The SEC alleges that Corey
National Futures Association (NFA) and GFI Group have entered into an agreement that paves the way for NFA to perform regulatory services for GFI’s swap execution facility (SEF). The agreement establishes a preliminary framework for the exchange of information and
