Latest News
Q3 saw Asian hedge funds perform strongly according to a new report by US research house, Hedge Fund Research, Inc.
London-based RAB Capital, one of the city’s most respected hedge funds, has shut down its Asia-focused fund – the RAB-Pi Asia Fund Ltd
After first announcing plans back in January this year that it would be opening a Hong Kong office, Soros Fund Management LLC
Jersey-based Altis Partners, the Channel Island’s first ever CTA, has now become the first Jersey hedge fund to open an office in Hong Kong.
Charlie Chan, a 25-year veteran and former star prop trader at Credit Suisse
I.A. Englander has entered into a definitive agreement to acquire Alaris Trading Partners.
The terms of the transaction, which is subject to review and approval by the Financial Industry Regulatory Authority, were not disclosed.
One of the largest independent US derivatives brokerage firms, I.A. Englander serves clients throughout the US, Canada, Europe, Asia and Latin America. I. A. Englander’s core options execution business represents a significant share of the daily traded contracts on the American Stock Exchange, the Chicago Board Options Exchange and NYSE Arca Options.
Alaris provides institutional brokerage services to hedge funds, asset managers, and registered investment advisers
Hedge Funds Care, the alliance of hedge fund industry professionals committed to protecting children from abuse and neglect, has set the date for its London fundraising benefit gala.
The annual black tie event will take place at the Grange St. Paul’s Hotel, London on 2 December.
The fifth annual fundraising gala will include a live auction conducted by Lord Jeffrey Archer. Items on auction will include a signed Status Quo guitar, a luxury holiday in Barbados and a bespoke tailoring package. Also up for auction will be tickets and backstage passes to a concert by The Saturdays at London’s O2
The European Fund and Asset Management Association says it welcomes the end to the uncertainty that has faced fund managers of all non-Ucits investment funds since the European Commission’s initial proposals for legislation in April 2009, following the approval of the Alternative Investment Fund Managers Directive by the European Parliament.
Efama says the Directive has been erroneously labelled as a hedge fund directive, whereas in reality it also covers real estate funds, investment trusts and non-Ucits retail funds along with many other kinds of nationally regulated investment funds.
The association believes the result of 18 months of negotiations is
Quintillion fund administration has transferred Polunin Capital Partners’ Emerging Markets Active Fund to its administration service.
Polunin transferred the administration of the fund to Quintillion on 1 January 2010.
Julian Garel-Jones of Polunin Capital Partners says: “Our experience after nine months has been exemplary. Quintillion’s performance has exceeded our expectations on most parameters. In particular the monthly NAV, a key performance indicator, has been produced in a very timely manner. More importantly, the team at Quintillion has taken a very active approach to problem solving, typically anticipating potential issues long before they have a chance to become more serious.”
Hedge Solutions, a provider of hedge fund administration and accounting solutions, has added Mason Snyder and John Wise to its advisory board.
Snyder is currently co-founder and partner at Catalina Partners specialising in operational risk and due diligence for alternative investments.
Wise is a tech entrepreneur and currently chief executive of InvestCloud, a financial software and operations company.
“Mason and John both bring a wealth of industry know-how at a time when we are positioning the company to meet increased demand while improving our competitive edge,” says Scott Cohen (pictured), Hedge Solutions founder and chief executive.
Hedge Solutions was founded
