The hedge fund industry is the most competitive industry in the world, where portfolio managers are constantly struggling to identify inefficiencies in the capital markets and quickly take advantage of them before their competitors. The most extreme example of
Fidessa has extended its equities platform to support exchange-traded derivatives, delivering connectivity to Euronext.liffe, EUREX, CBOT and CME.
Old Mutual Global Investors has launched an offshore Cayman hedge fund based on its 2009-launched UCITS-compliant Global Equity Absolute Return Fund. The fund is called the Old Mutual Arbea Fund and will be managed by the same team as the
PineBridge Investments has appointed two senior sales executives – Tucker Glavin as managing director, US sales and Paul Osborne as managing director, UK & European sales. Glavin and Osborne will be based in New York and London, respectively, and
The Securities and Exchange Commission has adopted a new rule to implement a JOBS Act requirement to lift the ban on general solicitation or general advertising for certain private securities offerings. In connection with this new rule, the Commission voted
The Depository Trust & Clearing Corporation (DTCC), working in conjunction with leading inter-dealer brokers, has launched AffirmXpress.
BlueBay Asset Management, a manager of fixed income and alternative investments, has appointed David Riley as partner and head of credit strategy, reporting to BlueBay’s chief investment officer Mark Poole. Riley (pictured) joins BlueBay from Fitch Ratings, where he
The Luxembourg Parliament has adopted the law transposing the Alternative Investment Fund Manager Directive (AIFMD) into Luxembourg law. Marc Saluzzi (pictured), chairman of ALFI, says: “With the legislative process now complete, the regulated alternative investment fund industry in Luxembourg
Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pullback in equity markets. According to data compiled by Eurekahedge those in Asia ex-Japan were the worst hit. The Eurekahedge
Platinum Capital Management has announced the listing of three of its funds on the Luxembourg Stock exchange.
