The Lyxor Hedge Fund Index was up +2.16 per cent in May, taking year-to-date performance up +2.13 per cent as of 29 May.

May marked a turning point for commodities as significant gains in the energy sector drove double digit returns in major indices, pushing the sector into positive territory for the year

Following Bermuda’s signing of its 12th Tax Information Exchange Agreement with the Netherlands, the OECD has updated its progress report to include Bermuda with other jurisdictions tha

Morgan Stanley Fund Services, a provider of independent fund administration services, has launched an investor reporting platform in response to the growing demands for additional fund

Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 3.61 per cent in May.

The Hennessee Hedge Fund Index advanced +5.68 per cent in May and is up +11.40 per cent year-to-date, according to Hennessee Group.

Deutsche Börse has introduced Xetra Release 10.0, the latest version of its pan-European trading system, which features many technical improvements for algorithmic trading.

47 Degrees North Capital Management has launched the 47 Degrees North Innovation Fund, which offers investors access to a diversified portfolio of alternative investment strategies.

Fidessa LatentZero, a provider of front-office solutions to the buy-side, has further expanded derivative instrument coverage in the Capstone suite of solutions. 

QIC has opened its Global Fixed Interest Alpha Fund to investors outside Australia via a US dollar class of units.