HSBC Global Asset Management has launched a global currency fund aimed at institutional investors, which aims to exploit currency market inefficiencies and imbalances.

It has just emerged into the public domain that Larry Summers, director of the National Economic Council for President Barack Obama, earned more than USD5m from hedge fund manager D.E.

Luxembourg-domiciled fund assets fell by nearly 30 per cent to USD2,152.0bn (EUR1,548.1bn) over the year to the end of 2008, down from USD3,024.2bn (EUR2,068.3bn) in 2007, according to

The Swedish state pension platform, Premium Pension Authority, has included Salus Alpha funds in its portfolio.

The estimated March 2009 return for the Newedge Volatility Trading Index is -0.88 per cent, compared with +0.72 per cent for February 2009.

Liquid Capital Management has announced the launch of its family of alternative investment funds focused on managed futures.  The Liquid Capital Fund, Liquid Ultra Fund, Liquid SO and Liquid LO funds are closed-end funds that use a statistical approach to taking advantage of volatility in equity markets by trading in futures contracts.     Liquid Capital president and chief investment officer Brian Kim has more than a decade of experience in the financial markets, including positions as a proprietary trader at Heartland Securities, a privately held equity trading firm, as a portfolio manager at First Security Investments, and his current role

There was once a time when taking a pause in investment activity would have meant missing plethora of missed opportunities.