The HFRI Emerging Markets: Asia ex-Japan Index gained 0.75 per cent in June, compared to an anemic 0.05 per cent return for the broader industry, according to He
The Securities and Exchange Commission has filed a civil injunctive action against Stephen M Folan, a former registered representative in the Chicago office of FTN Financial Securities Corp (FTN), for assisting Sentinel Management Group, Inc (Sentinel), a bankrupt former investment
US hedge fund Independence Capital Asset Partners (ICAP) has launched an onshore UCITS-compliant version of its flagship fund in conjunction with Swiss f
The Alternative Investment Management Association has expressed support for the elimination of the ban on general solicitation and advertising by hedge fund managers in the US, but has said that only accredited investors should continue to be allowed to invest
Aquis Exchange, the proposed pan-European equities trading exchange, has entered into agreements with EMCF, LCH.Clearnet and SIX x-clear for them to provide it with central counterparty (CCP) services. Aquis Exchange is set to introduce subscription pricing for European stock
The Hennessee Hedge Fund Index declined by 1.95 per cent in July and is now down by 3.23 per cent so far in 2008, according to Hennessee Group, a provider of industry data and adviser to h
MSCI, a provider of investment decision support tools, has launched the Barra China Equity Model (CNE5), which captures the short and long term dynamics of the Chinese local market and includes the latest advances in risk methodology. The enhanced model
GLG Partners, the investment manager division of Man Group, has made a series of appointments in Asia to form a long-short equities team focused on fundamental stock picking. Based in Hong Kong, the team will be co-managed by David Mercurio,
Altegris Clearing Solutions has added BofA Merrill Lynch’s futures and options and OTC clearing unit to the roster of futures clearing firms with which it maintains introducing relationships. BofA Merrill Lynch is the eighth leading futures commission merchant (FCM)
PineBridge Investments has signed an agreement to invest in, and provide services to, Method Holdings (Method), a financial holding company focused on aggregating the wealth management subsidiaries of “Top 100” CPA firms. The PineBridge-Method partnership is designed to bring PineBridge’s
