Blue Ink Investments, a South Africa-based fund of hedge funds manager, has acquired full ownership of Legae Capital, following its purchase of Legae Securities’ 43 per cent and Fatima

GLG Partners, the US-listed asset manager, has reported a GAAP net loss attributable to common stockholders of USD120.3m for the quarter ended 31 March 2009.

GLG Partners, the US-listed asset manager, has reached an agreement with its senior lenders to amend its credit agreement. 

Concept Capital, an institutional broker and total solutions provider for global investment managers, has announced that Rob Davis has joined the firm as managing director and head of h

Investment manager Turner Investment Partners has announced the launch of the Turner Spectrum Fund, a no-load, open-end mutual fund that seeks capital appreciation by investing in six l

Cogent Partners, an investment bank focused on alternative assets, has announced the launch of a new hedge fund advisory business and the appointment of Pascale Alvanitakis-Guély

Sandalwood Securities, a New Jersey-based alterative investment manager and broker dealer, has announced that it has retained Fortis Prime Fund Solutions to provide administration servi

Deutsche Börse is expanding its European Directors’ Dealings data service to include seven more countries.

For years hedge fund managers have been routinely describing their goal – indeed, their promise to investors – as achieving ‘above-average risk-adjusted returns’, and the industry has traditionally