Hedge funds lost 0.64 per cent in December according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index was up 0.29 per cent at the end of 2015, its smallest yearly gain since 2011 when it declined 5.48
BNY Mellon has appointed Peter Salvage (pictured) to the newly-created role of Global Head, Hedge Fund Services. He will report to Chandresh Iyer, Chief Executive Officer of BNY Mellon’s Global Alternative Investment Services and Structured Products business. “Peter brings extensive
Options, a managed service and IT infrastructure provider, and enterprise data management (EDM) solutions specialist GoldenSource, are partnering to offer a fully managed solution to capital markets clients seeking to improve their (EDM) capabilities. The new combined solution has already
The Preqin All-Strategies Hedge Fund benchmark returned 0.26 per cent in May, marking the seventh consecutive month of positive returns for the industry. Overall, hedge funds have recorded just three months of losses since the start of 2016. Multi-strategy hedge
Cordium, a provider of compliance consulting, accounting, tax and software to the financial services industry, is evolving its EMEA compliance offering to a tiered services model. 

With a focus on improving the choice, quality, efficiency and consistency of their service
Dash Financial Technologies has appointed Robert Boylan (pictured), as Managing Director, Business Development. In this role he will be responsible for further building the firm’s business among both its buy and sell side client bases. Boylan brings over 25 years’
The South East European Power Exchange (SEEPEX) and its project partners are to launch the Serbian Day-Ahead market on 17 February 2016, subject to member readiness. Member tests have been conducted successfully and final regulatory issues are about to be
Hedge funds posted their fifth consecutive month of gains this year, up 0.31 per cent during the month of May, according to the latest Index Flash Update from EurekaHedge. On a year-to-date basis, managers gained 3.25 per cent while underlying
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2017 measured -0.13 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.24 per cent in June. “SS&C GlobeOp’s Capital Movement
Mirabaud Securities, the brokerage and corporate finance arm of Swiss financial and banking Group Mirabaud, has enhanced its expertise in the petrochemicals sector with the appointment of David Thomas as oil and gas analyst. Thomas, who joined Mirabaud Securities to
