Lyxor Asset Management has made two senior management appointments in the US, which will take effect in early August 2014. Nathanaël Benzaken (pictured) has been appointed as chief executive officer for Lyxor in the US. He will be based in New
PerTrac has been recognised by industry publisher Hedgeweek as the “Best Risk Management Software Provider.” Global Fund Media, parent company of Hedgeweek, polled its 60,000 readers, including more than 20,000 institutional investors, and asked them to assess the best hedge
The Lyxor Hedge Fund Index recorded a positive performance of 1.10% in February 2011. The top performing strategies over the month were Lyxor L/S Equity Variable Bias Index (2.30%), Lyxor Special Situations Index (1.88%), and Lyxor L/S Equity Market Neutral
Mitsubishi UFJ Fund Services, a global asset administrator, has acquired Meridian Fund Services Group, a fund administrator with USD14bn of assets under administration (AuA). Mitsubishi UFJ Fund Services, part of Mitsubishi UFJ Financial Group (MUFG), provides a wide range of
Long/short equity strategies look set to benefit from decreasing levels of correlation between securities, according to funds-of-hedge-fund (FOHF) managers interviewed by Standard & Poor’s Fund Services in its latest sector update. “As correlation falls, FOHF managers are anticipating that
MF Global Holdings Ltd (NYSE: MF), a broker-dealer providing trading and hedging solutions, has made several appointments within the firm’s senior management team. Bradley Abelow, the firm’s current global chief operating officer (COO), will assume the additional role of president,
Wells Fargo & Company has completed its previously announced acquisition of LaCrosse Global Fund Services (LaCrosse), an independently managed hedge fund administration and middle-office service provider, from Cargill. This acquisition provides Wells Fargo’s Corporate Trust Services division with a complete
The Securities and Exchange Commission today charged a San Francisco-area investment adviser with defrauding investors by giving them a bogus audit report that embellished the financial performance of the fund in which they were investing. The SEC alleges that James
The US Commodity Futures Trading Commission (CFTC) has obtained a federal court order imposing more than USD46.9 million in restitution and civil monetary penalties on Robert D Bame of Moreno Valley, Califonia, and his firm, Forward Investment Group, LLC (Forward)
Kinetic Partners is celebrating five successful years since the opening of its Grand Cayman office with two new hires to strengthen their insolvency and forensic services practice. These new appointments will further enhance and develop Kinetic Partners’ proven capabilities to
