Last Monday saw New York-based GSB Podium Advisors launch a UCITS version of its global market neutral equity long/short strategy, prior to which it had been running solely in the form of three managed accounts. The GSB Equity Market Neutral
Vega Asset Management LLC, the USD 12 billion hedge fund manager, warned that it expects to suffer further redemptions. The hedge fund had redemptions in September equal to 4% of total asset
GTS, an electronic market maker across global financial instruments, has acquired an ownership stake in Wavelength Capital Management, a New York-based systematic investment firm. Wavelength was founded five years ago as an independent investment management firm specialising in liquid, transparent,
Progressive Alternative Investments Limited has launched the Stockbridge Fund; a UK long/short, small/mid cap hedge fund that began trading on 1 October. The princi
Societe Generale Prime Services has announced the constituents for its range of 2019 CTA indices, following an annual review. There are three additional constituents to the flagship SG CTA Index, one re-entry to the SG Trend Index for 2019, and
Backstop Solutions Group, a cloud-based productivity suite provider for institutional and alternative investors, is to acquire BarclayHedge, a provider of alternative investment data and indices. With proprietary access to the 2,200 alternative investment managers and 6,900 funds tracked by BarclayHedge,
Mehmet Dalman, Commerzbank’s Investment Banking chief, has left to launch an innovative hedge fund-focused wealth management group. Dalman’s new London-based compan
The value of regulated funds serviced in Jersey has broken through the GBP300 billion barrier for the first time, according to the latest figures to be collated by the jurisdiction’s regulator the Jersey Financial Services Commission (JFSC). Figures for the
The Eurekahedge Hedge Fund Index was down 2.36 per cent year to date as of November 2018, in contrast to the 8.45 per cent gain made in 2017, which turned out to be the best year for hedge funds and
