Gottex Fund Management Holdings, an independent alternative asset management group, has announced that its assets under management declined by 13.6 per cent in the third quarter, from USD1
The US Commodity Futures Trading Commission (CFTC) has entered an order requiring Newedge USA, LLC (Newedge), a New York-based futures commission merchant, to pay a USD700,000 civil monetary penalty for submitting inaccurate large trader reports to the CFTC and for
Investment management company DECALIA has launched a new merger arbitrage strategy which aims to generate an attractive absolute performance with low volatility, while remaining uncorrelated with conventional assets. W Capital, a specialist in this strategy, will manage the fund which
The Australian Securities and Investments Commission yesterday extended the ban on covered short-selling for non-financial stocks until November 19, but announced that its ban on shorting
Investec Private Bank this week launched Nova Alpha, an innovative fund of hedge funds. CIO Kim Hillier explains the thinking and strategy behind the product launch. HW: How do you define your target client base and investment approach? KH: Our
Lloyds TSB Corporate Markets has appointed Charlie Diebel as head of market strategy reporting to Trevor Williams, chief economist. In this newly created position, Diebel will lead a team of strategists responsible for generating daily market analysis and insights as
Altegris, a provider of alternative investments, has named Jack L Rivkin as chief investment officer. Rivkin will oversee the firm's research and investments group and will be a member of the Altegris investment committee. He will also have overall
Global hedge funds finally reversed two consecutive months of declines by making positive returns in July, the HFRI Fund Weighted Composite Index
With over USD 1 billion in assets u
The Securities and Exchange Commission has filed fraud charges against New York-based hedge fund adviser Philip A Falcone (pictured) and his advisory firm, Harbinger Capital Partners LLC for illicit conduct that included misappropriation of client assets, market manipulation, and betraying
