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In a stinging report summarising the results of an internal investigation into the U.S.
The Alsis Latin America Fund returned 33.4 per cent per annum during the second quarter, according to an update from the investment manager.
The returns in the second quarter 2009 correlate closely to the HFRI Fixed-Income Asset-Backed Index which had a return of 32.1 per cent per annum for the quarter.
Alsis says its performance since the inception of the fund outperforms both global and emerging markets benchmarks. During the 16 months that Alsis has operated with a 15.0 per cent per annum return, the MSCI USD World Index has lost 25.9 per cent per annum, the HFRI Emerging
In a move to further strengthen its India practice, international offshore law firm Harneys has relocated India practice head Chetan Nagendra to its London office.
In August EUR88.1bn was traded on Xetra and on the floor at Börse Frankfurt – a decrease of 34 per cent from the August 2008 figure of EUR133.0bn.
BNP Paribas Investment Partners has joined forces with Crédit Agricole Asset Management to create a European provider of fund distribution services.
SEI has extended its relationship with Edgewood Management to provide the firm with a complete investment operations outsourcing solution encompassing Edgewood’s investment products.
Katherine "Kit" Addleman, the Atlanta regional director of the Securities and Exchange Commission, will become partner in law firm Haynes and Boone’s Dallas office in late Oct
The US Commodity Futures Trading Commission has filed an action to permanently revoke the registrations of Linuxor Asset Management, a New York-based commodity pool operator, Linuxor Ca
Gottex Fund Management, a global alternative asset management group, has reported gross revenues of USD46m in the first six months of 2009, a 51 per cent decrease from the USD93m record
At the international derivatives markets of Eurex, an average daily volume of 9.1 million contracts was traded in August 2009, compared with 9.5 million in August 2008.