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Two new recruits in New York have boosted Equity Trust’s presence in the North American market. Felicia Fratila and Lawrence Kho, experienced professionals who have worked for Equity Trust since 2007, have moved to New York to join local Managing Director Wouter Plantenga.
Equity Trust’s New York operation is a representative office offering a one-stop sales presence in New York, and also functions as an intermediary for existing and potential clients throughout North America, and other parts of the world.
The office, set up in 2006 and headed Wouter Plantenga, provides the network of professionals and institutions in the US
A poll of investment professionals ranging from investors to analysts has seen Capricorn FX voted as the "Best Managed Futures/CTA" in the Hedgeweek 2011 awards. Capricorn was recognised as a premium currency manager that has consistently produced risk-adjusted returns that is uncorrelated to other asset classes.
An increase in AUM has elevated strategy assets to a peak of USD88m and total advisory assets to slightly under USD300m. Over seventy five per cent of the firm strategy assets are from institutional investors, the majority being from bank and fund of fund allocations, with the remainder of assets coming from high net
The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with Mexico. The TIEA was signed by Mexico’s Minister of Finance and Public Credit, Ernesto Javier Cordero Arroyo, in Mexico City on 18th March 2011 and by Manx Treasury Minister, Anne Craine MHK, in Douglas on 11th April 2011, and exchanged by post.
This is the Isle of Man’s 21st TIEA and its 25th agreement that meets the OECD international standard on tax co-operation and transparency.
Minister Craine says: “The signing of this agreement is an important step in building closer relations between Mexico and the Isle of
Level E Ltd, the Edinburgh-based provider of advanced financial market trading analytics, has launched a managed accounts platform, providing those wishing to harness the company’s leading artificial intelligence-based trading systems with a cost-effective, flexible entry point.
The managed account platform lets investors track the performance of Level E Ltd’s artificial intelligence-driven, quantitative trading strategies while retaining control and access to their funds. The platform has already attracted capital commitments of USD25 million from a US-based alternative investment group, with further investment expected in the near future. Level E Ltd’s quantitative trading methodology underpins the groundbreaking Level E Capital SICAV, an
The Gargoyle Group, an options-trading hedge fund manager and one of the largest privately-owned equity options trading firms in the United States, has selected Geneva-based alternative assets marketing firm MCAM Group to raise capital for Gargoyle Hedged Value Fund in Europe and Asia. 

Established in January 2000, the USD210 million Fund seeks to produce superior long-term investment returns versus the S&P 500 with significantly lower volatility via a long/short, options-enhanced strategy. The long portfolio employs Gargoyle’s proprietary metrics to select undervalued stocks from among the 1000 most highly capitalised US-listed companies. The long-only stock portfolio is complemented by a highly-correlated
A recent survey conducted by Thesis Fund Management, a New York based registered investment advisor and manager of The Flexible Fund (TFLEX), has revealed that many Americans are in the dark when it comes to hedge funds. When asked if they know what a hedge fund is, 65 percent of the 1,000 survey participants with varying income levels responded that they do not.
Though hedge funds are typically reserved for wealthier consumers, mutual funds have begun adopting their strategies to make them available to the average investor, making it increasingly important to educate consumers about hedge fund strategies.
"Hedge
Alpha Strategic, the AIM listed hedge fund investment group, has conditionally raised GBP2,493,722.61 (before expenses) by way of a placing to Northill Europe Holdings SARL of 4,705,137 ordinary shares of 1 pence each in the capital of Alpha Strategic at a price of 53.0 pence per Ordinary Share. Northill is a private company incorporated in Luxembourg whose sole shareholder is Northill Jersey Holdings LP. The ultimate majority owner of Northill is the Bertarelli family.
This investment by Northill represents a significant step forward for Alpha Strategic, which specialises in acquiring multiple revenue streams from a diverse range of key alternative investment
Jersey will become the first of the Crown Dependencies to offer Incorporated Limited Partnerships (ILPs) and to create a dedicated and distinct law for the constitution of Separate Limited Partnerships (SLPs). Both new structures will further enhance Jersey’s international appeal as a domicile for funds and other investment entities.
It was announced at the annual Jersey Finance funds conference and exhibition in London yesterday that SLPs will be able to be formed in Jersey from 20th April and ILPs from 24th May.
Heather Bestwick, Technical Director of Jersey Finance, says: ”The new Separate Limited Partnership and Incorporated Limited Partnership
The Royal Bank of Scotland (RBS) has launched two RBS Market Access Currency Hedged ETFs on NYSE Euronext’s Amsterdam market. These new currency hedged ETFs enable investors to invest internationally and hedge currency exposure in one trade, without having to monitor and maintain a currency hedge.
The new ETFs, which were created by RBS to provide Euro hedged exposure to the major benchmark indices S&P 500 and TOPIX, are the RBS Market Access S&P 500 EUR Hedged Index ETF, and the RBS Market Access TOPIX EUR Hedged Index ETF.
Each currency hedged index has been designed to replicate
Carne Global Financial Services has added a senior figure in the Irish funds industry to its growing list of experienced independent fund directors, with Mary Murphy joining the firm as a Managing Director, Alternatives.
Murphy, who will be based in Carne’s Dublin office, is a well-known figure in the Irish funds business, having been a founder and a member of the senior management team at International Fund Services (Ireland) Limited, a State Street company (IFS). From IFS’ launch in 1996, she focused on the growth of its hedge fund administration business and more recently on State Street’s private equity fund
