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The US Commodity Futures Trading Commission and UK Financial Services Authority have signed a memorandum of understanding to enhance cooperation and the exchange of information relating to
Eddington Capital Management, a fund of hedge funds specialist, has named Andrew Popper as its new chairman.
Nexar Capital Group, a global investment management firm, has launched and received an investment from funds managed by Aquiline Capital Partners, a New York-based private equity firm.
Hedge funds rose 2.06 per cent in August, according to the Barclay Hedge Fund Index compiled by BarclayHedge.
Icap, an interdealer broker, has expanded its alternative investments business with the hires of Laura Prager and Linda Prager, who will act as co-heads and managing directors of the al
Structured Portfolio Management, an asset management firm focusing on fixed income, has hired Vishal Bhutani as a managing director to trade within the SPM Opportunity fund. 
Investment management consultancy Laven Partners has appointed Robert Mirsky as managing director.
The Newedge Volatility Trading Index returned an estimated -1.33 per cent in August 2009, compared with an estimated +0.67 per cent the previous month.
The Legis Group, specialists in fiduciary and fund administration, has appointed Adrian Relph as a director of Legis Trust Limited.
Jersey Finance has welcomed an endorsement from the IMF in its latest review, which has praised Jersey’s high standards of regulation and supervision.

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