Asia ex-Japan hedge funds were down an estimated 4.11 per cent in May according to Eurekahedge, amid continued macro headwinds blowing out of Europe.
Vistra Fund Services has launched Vistra Fund Services Asia Limited, to complement the group’s fund administration operations in Jersey and Luxembourg. The new operation, which is based in Hong Kong, will provide fund administration and associated services to fund managers
Dan McNicholas, former director and head of financing sales for Global Mark
Appleby, the world’s largest provider of offshore legal, fiduciary and administration services, is set to expand into mainland China with the opening of a new representative office in Shanghai. The new office, due to open on 2nd April 2012, will
Hermes BPK Partners has acquired the USD100m Caliburn Greater China Fund. The fund will be integrated into Hermes BPK’s suite of hedge fund solutions and will be renamed the Hermes BPK Greater China Fund. The fund is a thematic multi
Quam Securities, the brokerage arm of Hong Kong-based financial services group Quam Limited, has registered with the Hong Kong telecommunications hub of Chicago Mercantile Exchange enabling it to access the CME Globex trading platform. Launched in October 2012, CME
International law firm Akin Gump Strauss Hauer & Feld LLP has announced plans to open an office in Hong Kong and further expand its international footprint.
The Australian Securities and Investments Commission has released for consultation draft regulatory guidance with new disclosure benchmarks and principles for hedge funds to improve investor awareness of the risks associated with these products. The guidance, contained in Consultation Paper 174 Hedge funds: Improving
Nicholas Tsang, the son-in-law of China’s Vice Premier Wang Yang, has launched a Hong Kong-based hedge fund focused on mainland equities. Zhang joins a growing number of young family members of top officials who have set up asset management businesses
Tullett Prebon has appointed Adrien Geliot to its Alternative Investments team. Geliot will be based in Hong Kong alongside Tim Chillington, who recently joined the team from GFI, strengthening Tullett Prebon’s reach into the Asian Alternative Investments Market. The
