Institutional alternative investment manager Crestline Investors has partnered with Denali Capital, a syndicated commercial loan asset management firm, to further expand a collateralised loan obligation (CLO) platform. The business will operate under the name Crestline Denali Capital. Denali Capital
After Hedgeweek reported at the end of June that Sunwah International Asset Management (the investment management arm of Sunwah International Ltd) was pre
HSBC has appointed former Citadel Asset Management COO Paul Hamill Hamill as global head of prime services. Hamill who has over 20 years of financial services experience experience with a particular focus on alternative asset management, prime brokerage and
The Securities and Exchange Commission has filed a settled civil enforcement action against Anthony Scolaro, a former portfolio manager at the hedge fund investment adviser Diamondback Capital Management, LLC, charging Scolaro with using inside information to trade ahead of the
The Hennessee Hedge Fund Index declined 3.38% in August (-1.92% YTD), while the S&P 500 declined 5.68% (-3.08% YTD), the Dow Jones Industrial Average fell -4.36% (+0.31% YTD), and the NASDAQ Composite Index decreased -6.42% (-2.78% YTD). Bonds rallied
The Investment Management Association has published a guide for investors on the Key Investor Information Document (KIID) reported IFA Magazine this we
AXA Investment Managers has added to its family of bond funds by launching a Europe-focused short duration bond fund.
The Securities and Exchange Commission has announced an asset freeze against a Chicago-area money manager and his hedge fund advisory charged with lying to prospective investors in their startup quantitative hedge fund. A federal court has entered a preliminary injunction
Paris-based multi-specialist asset manager UFG-LFP has added some flavour to the UCITS space by launching a fund combining wine with real estate reported Citywire Global this week.
The bloodbath continued for hedge funds in August as they struggled to come to terms with whipsaw markets, driven by investor fear of economic uncertainty in Europe and the US.
