Northern Trust has been selected by New York-based fund manager Auda Hedge to provide fund administration, custody, banking and foreign exchange services to its fund of hedge funds program
Citi has introduced a new operating model for hedge funds, designed to help managers launch, manage and build successful hedge funds without excessive investment in non-core functions. Citi Prime Finance’s Hedge Fund 3.0 details an outsourcing and partnership framework to
SEI has unveiled a new service that assists SEC-registered investment advisers of private funds in meeting their Form PF obligations. Form PF was recently jointly adopted by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Agio Technology, a provider of managed IT services for hedge funds, continued to demonstrate significant growth in 2011 as a result of a growing trend of hedge funds and other investment advisory firms outsourcing non-differentiating IT functions to third-party providers.
Fusion Asset Management has launched the Fusion FX Liquidity Hedge service for corporate clients. Fusion has been implementing this service for financial institutions since 2009 and is expanding into the corporate space due to demand from leading European corporations. Kirill
Hedge funds posted monthly declines in November for the fifth time in the last seven months, as lack of clarity on resolution of the European sovereign debt crisis resulted in continued investor caution and risk aversion. The HFRI Fund Weighted
Beaumont Advisors Limited has launched a new business offering hedge fund operational due diligence services. Seasoned hedge fund industry veterans, Lori Barton and Gillian Scott (pictured) who have collectively performed over 800 due diligence assignments, are leading Beaumont’s hedge fund
BISYS has named Mary Lumetta vice president of product development for its Hedge Fund Services business.
Funds under management and administration in Guernsey have hit a new high of GBP 111.4bn, with a record inflow of GBP11.3 billion (11.3 per cent) i
HedgePole AG has started offering middle and back office solutions to fund of hedge funds, their managers and investors.
