According to data from Credit Suisse Group AG’s prime brokerage unit, approximately 80 Asia-focused hedge funds reported average losses of -2 per cent and
Citi has been awarded a mandate to provide a full complement of fund of hedge funds administration and custody services to Sandalwood Securities. "After a thorough review of service providers, two of the key factors driving our decision to select
This year has already proved bountiful for Asian hedge funds.
Talisman Global Asset Management, a London-based private investment company, has appointed David Zobel to the role of chief executive officer. Zobel was previously Head of Hedge Fund Strategies at BlueBay Asset Management plc where he was a partner and helped
Newedge has appointed Françoise Guillaume (pictured) as Global Chief Operating Officer and Deputy Chief Executive Officer. Based in Paris, Guillaume will also participate as a member of the Newedge Executive Committee. Guillaume joins from Société Générale where she has worked
Hermes BPK Partners LLP (Hermes BPK), the USD1.6 billion alternative advisory boutique and fund of hedge funds, and Northern Lights Capital Group LLC (NLCG), a Seattle based private equity firm focused on asset management with AUM of USD11 billion, are
The Commodity Futures Trading Commission’s (CFTC’s) Office of General Counsel has issued a no-action letter on 31 August, 2011, permitting the offer and sale in the United States of Euronext Brussels’ (EB) futures contract based on the BEL 20 Index
Carlisle Management Company, the Luxembourg-based alternative fund manager, has appointed Victor Heggelman as the company’s new chief financial officer effective September 2011. "We’re pleased to welcome Mr. Heggelman to our Executive Management team," says Jose Garcia, Chief Executive Officer of
London-based RiverCrest Capital, a recently established absolute return-focused investment manager, has signed its first two teams with plans to launch funds
Stockholm-based RPM Risk & Portfolio Management AB, who specialize in running CTA and global macro strategies, have received approval from Luxembourg&rsqu
