Hugh Hendry’s China short hedge fund, which seeks to profit from a Chinese slowdown by shorting the credit of companies with exposure to the mainland has proved to be one
Paladyne Systems’ hedge fund solution Paladyne FastStart is experiencing record growth in the Asia-Pacific region and the company has outlined plans to expand its Hong Kong presence to meet this strong demand. Since Paladyne FastStart was introduced in Asia-Pacific 15
State Street Corporation has appointed Craig Butterworth as head of fixed income sales for Europe, Middle East and Africa. Butterworth will lead State Street Global Market’s fixed income sales team and will be responsible for expanding its rates business with
Commodities alternative investment manager J E Moody has joined dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies. The move allows investors to access J E Moody’s Commodity Relative Value (CRV) Program in a transparent, safe, liquid and
The international derivatives market Eurex Exchange will introduce the second tranche of derivatives on global MSCI indices on 1 July. Futures and options based on the MSCI World, MSCI Europe, MSCI AC Asia Pacific ex-Japan and futures on the
International law firm Maples and Calder has appointed 12 new partners across its global offices. The new partners in the Cayman Islands office include Daniel Beckett, Jeremy Bomford, Michael Johns, Jonathon Meloy and Justin Pennay. James Gaden, Richard Grasby
AlphaMetrix, a provider of platform and administration services for hedge funds and investors, has appointed Mikus Kins as Executive Director of Business Development. Kins reports to Geoff Marcus, Chief Strategic Officer, and is based in Chicago. Most recently, Kins was
Ardel has promoted two senior members of staff to director roles within the company. Steve Desmond is now director of Ardel Fund Services and Tony Martel is associate director (IT) of Ardel Holdings. Steve Desmond joined Ardel in 2006 and
The Lyxor Hedge Fund Index was down 0.44% in November. Year-to-date performance as of November 2011 is -6.26%. The top performing strategies over the month were Lyxor L/S Equity Market Neutral Index (+0.77%), Lyxor CTA Long Term Index (+0.66%) and
North Carolina hedge fund manager James Alexander Shepherd has agreed to plead guilty to charges that he defrauded investors of approximately USD6m. According to filed court documents and court proceedings, beginning in 2006 and through the spring of 2013,
