Latest News
London-based Hugh Hendry’s Eclectica Credit Fund, positioned to profit from a slowdown in China economic growth, has performed strongly over the las
Having already seen UBS and State Street increase the scope of their hedge fund services in Asia, the former launching a hedge fund administrat
Some 42% of Japanese institutional investors plan to increase their allocations to hedge funds in the near term according to a new investor survey by HFC Advisory.
HFC Advisory, a Tokyo-based consulting and research firm, interviewed a wide range of Japanese investors between May and August for the Hedge Funds Club Japan Investor Survey 2011.
“Japanese investors are by far the most important hedge fund investors in the Asia-Pacific region. The survey shows that investments in hedge funds are growing and that pension funds in particular keep increasing their allocations. Japanese investors are active investors in global alternative
Trident Trust Group, a leading independent provider of corporate, trust and fund services to the financial services sector worldwide, has established a dedicated fund services division, Trident Fund Services.
“Establishing Trident Fund Services reflects the scale and continued growth of our funds services capabilities,” says Karine Seguin, Head of European Business Development at Trident Fund Services. “We already act for more than 300 funds around the world and intend to grow this number through offering clients a compelling combination of global reach, personal service and the collective knowledge of one of the most experienced management teams in the business.”
NYSE Euronext has announced that Alan van Griethuysen has been named President of the Association of Futures Markets (AFM).
The Association of Futures Markets (AFM) is an international non-profit organisation that was founded in 1998. The prime objective of the Association is to globally promote and encourage the establishment of new derivative markets. To this end, the AFM organises international conferences to promote communication among AFM-members, to strengthen their relationship and to transfer information and experience among them. Currently this organisation has 31 members. NYSE Euronext is one of the founders of this association.
Alan van Griethuysen is Executive
The Depository Trust & Clearing Corporation (DTCC) has appointed James E Odell has as First Deputy General Counsel (Deputy GC).
Odell brings more than 25 years of legal expertise in the financial services industry to this role, most recently with UBS Investment Bank. He reports to Larry E Thompson, Managing Director and General Counsel.
Odell will serve as the primary legal advisor to the General Counsel and the lead legal advisor to DTCC’s senior business leaders. In this capacity, he will work with the General Counsel in managing the legal department as well as outside legal. He will become
AlphaShares has launched a new China Yuan Bond Index designed to track bonds that are denominated in China’s local currency the renmimbi or RMB.
The AlphaShares China Yuan Bond Index measures and monitors the performance of an investable universe of publicly-available Chinese fixed income securities denominated in Chinese Yuan and includes bonds issued by both mainland Chinese and non-Chinese entities.
“The young but fast growing market for so-called ‘dim sum’ bonds provides investors the opportunity to own bonds denominated in the RMB giving US investors direct exposure to the Chinese currency,” says Dr Burton G Malkiel (pictured), Chairman of
Redwood Asset Management has announced a change in management and name to the Redwood Conservative Long/Short Equity Fund.
Effective immediately, Red Sky Capital Management will assume the role of Portfolio Manager to the fund and the fund name will change to the Redwood Absolute Return Fund.
Led by Timothy Lazaris (pictured), Red Sky Capital Management is a dedicated alternative asset manager founded in 2010. The group of Partners at Red Sky have extensive experience in the financial services industry, including investment management and research in a number of sectors including Financial Services, Energy and Materials. The team has also developed
KBR Capital Markets has hired Steve Carson, formerly of NGAS, as its President and Chief Compliance Officer, and Jim Fitzpatrick, formerly of Steadfast Companies, as its Senior Vice President and National Sales Manager.
Additionally, KBR Capital Markets announced that it has added a number of members to its external and internal sales team, as well as its support divisions. This team markets KBR Capital Partners, Inc. co-branded partnership programs through the Independent Broker-Dealer and Registered Investment Advisor (RIA) channels.
Carson has more than 30-years of business and entrepreneurial experience in a variety of industries, and private and corporate law practice.
Cowen Group, Inc has launched the Ramius Trading Strategies Managed Futures Fund providing investors with access to a portfolio of institutional-caliber managed futures managers in a daily liquidity format utilising Ramius’ proprietary managed account infrastructure, which allows for position level transparency and enhanced risk analytics.
The fund commenced operations on 13 September, 2011, and has approximately USD230 million in assets under management. It is managed by William Marr, President and CEO of Ramius Trading Strategies LLC ("RTS"), and Alexander Rudin, PhD, Director of Investment Research of RTS.
Thomas W Strauss (pictured), President and CEO of Ramius LLC, says: "With
