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Central Asset Investments, a Hong Kong-based Asia-focused multi-strategy hedge fund manager, has cut its losses
FRM Capital Advisors (FCA) – the seeding arm of Financial Risk Management, a leading London-based FoHFs group with USD9billion in assets – is planning to commit seed
Two units of New York hedge fund Och-Ziff Capital Management Group LLC are being sued by ex-employee, Zain Fancy, in Singapore reported Bloomberg this wee
Daiwa Capital Markets Hong Kong, part of Daiwa Securities Group Inc. is pleased to announce the appointment of Joost Lobler as Head of Sales for Asia (ex Japan) for its Global Asset Services product.
Global Asset Services offers fund administration, custody, trusteeships and a range of financial services to the alternative investment industry. Lobler will be based in Hong Kong and will be responsible for developing the client base in Asia.
Karl McEneff (pictured), Managing Director at Daiwa says: “The fast growing Asian markets offer tremendous opportunities for Daiwa. The Group is determined to expand its services to
Algorithmics, a provider of enterprise risk solutions, has launched Algo Strategic Business Planning, a product that provides a banks’ senior management with a comprehensive view of their operations, and the ability to stress, forecast and optimise over a range of possible changes in portfolios and key risk drivers at the enterprise level.
Algo Strategic Business Planning provides comprehensive decision support for those required to manage the complexities of a bank’s risk/return profile, now and over the planning horizon. Allowing the entire banks’ policies and strategies to be measured and analysed in terms of capital consumption, exposure, liquidity and profitability over
Paladyne Systems’ hedge fund solution Paladyne FastStart is experiencing record growth in the Asia-Pacific region and the company has outlined plans to expand its Hong Kong presence to meet this strong demand.
Since Paladyne FastStart was introduced in Asia-Pacific 15 clients, including Paridon Asia, Instinct Capital, and Gen2 Partners, have signed-up for this bundled offering.
"After our due diligence process we found Paladyne FastStart to be the solution for us that was capable of handling the complexity of our strategies, as well as the growth we anticipate in the coming months," says Robert van Paridon, CEO of Paridon Asia, a Singapore-based
A rise in interest rates is not the answer to rising inflation warns Lawrence Galitz of ACF Consultants, after UK Chancellor George Osborne predicted in his ‘Budget for Growth’ that inflation will rise to 5% this year before dropping to 2% in two years time.
Inflation has been creeping up slowly from 3.3% in November last year, to 3.7% in December, 4.0% in January and 4.4% in February.
In December, the rise in inflation was largely due to higher fuel, utility and food costs. In January the Office for National Statistics blamed it on the increase in VAT, with the
Hedge fund IT spending in North America is expected to grow at a compound annual rate of 4.4% (USD231 million) from 2009 to 2014, with Asia estimated to grow the fastest at 7.2% (USD36 million), according to a new report, Hedge Funds 2011: Navigating Tumultuous Waters, from Celent, a Boston-based financial research and consulting firm. In Europe, IT spending will see an increase of 5.6% from 2009 to 2014.


Despite the contraction that followed the financial crisis, the report says that the hedge fund industry has since rallied, concluding 2010 with the largest quarterly increase in assets in its history: USD149billion. Total
HedgeOp Compliance, LLC, a provider of consulting services for private fund advisers and specialised compliance software for a wide array of investment advisers, has expanded its footprint in the US market with the opening of a San Francisco office.
The expansion to the West Coast is part of a strategic initiative by HedgeOp Compliance, which is head quartered in New York with offices in Boston, to serve the private fund adviser community in the region. Part of this initiative will expand HedgeOp’s services to the private equity community. The firm now has offices in the major hubs for alternative advisers
Ardel has promoted two senior members of staff to director roles within the company. Steve Desmond is now director of Ardel Fund Services and Tony Martel is associate director (IT) of Ardel Holdings.
Steve Desmond joined Ardel in 2006 and has over 23 years experience in the financial services sector. In his new role he is responsible for the development of Ardel’s fund business, the efficient take-on of fund transfers and the launch of all new funds administered by the company.
“We have seen significant growth over the past few years and with the recent structural changes to the company,
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