With less than three months to go until new legislation ushers in major changes for the European hedge fund industry, a new report reveals that the continent’s share of the global market has remained surprisingly stable at just over a
Stenham Asset Management has launched a new Global Macro fund of hedge funds – Stenham Helix. Stenham has been invested in Global Macro hedge funds since the 1980s and its flagship macro fund of hedge funds, Stenham Trading, has achieved
Funds managed by Värde Partners have completed the acquisition of FirstCity Financial Corporation. Mark B Horrell, who previously served as senior vice president and head of US acquisitions of FirstCity, has been appointed chief executive officer of FirstCity, succeeding
Two new recruits in New York have boosted Equity Trust’s presence in the North American market. Felicia Fratila and Lawrence Kho, experienced professionals who have worked for Equity Trust since 2007, have moved to New York to join local Managing
Northern Trust has appointed Patrick Everett as Dallas region president, overseeing the company’s North Texas wealth management operations, which provide investment management, fiduciary services and banking solutions to individuals and institutions. Formerly chief investment officer for Northern Trust’s Western region
A poll of investment professionals ranging from investors to analysts has seen Capricorn FX voted as the "Best Managed Futures/CTA" in the Hedgeweek 2011 awards. Capricorn was recognised as a premium currency manager that has consistently produced risk-adjusted returns that
Misys has released Sophis VALUE v5, its flagship buy-side solution. The new version offers an increased level of transparency for traditional and alternative asset managers into their operations from pre-trade activity, through portfolio and risk management, to back-office processes.
Investcorp has appointed Jonathan Joyce as head of operational risk for the firm’s New York-based hedge funds group. Joyce has nearly 10 years of hedge fund operations experience and joins Investcorp from FRM Investments, a subsidiary of Man Group, where
Level E Ltd, the Edinburgh-based provider of advanced financial market trading analytics, has launched a managed accounts platform, providing those wishing to harness the company’s leading artificial intelligence-based trading systems with a cost-effective, flexible entry point. The managed account platform
Managers need to start performing a rational cost benefit analysis on the Alternative Investment Fund Managers Directive (AIFMD) and to strip out the emotion, says Ernst & Young. “The AIFMD knot is difficult. A single stroke of the knife won’t
