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Yesterday, a former Bear Stearns hedge fund manager opened her own firm with nearly USD1bn in assets.
Hedge funds declined by 1.33 per cent in June, according to the Barclay Hedge Fund Index compiled by Fairfield, Iowa-based BarclayHedge, and are now down by 2.09 per cent over the first si
Hedge fund service provider Spectrum Global Fund Administration has announced plans to consolidate further its primary administration service functions in its Columbus, Ohio facility, whic
The London-based Alternative Investment Management Association has broadly welcomed the UK Treasury’s partial draft regulations on offshore funds, but it fears that the proposals will fail
Financial Risk Management, a fund of hedge funds manager with offices in Europe, Asia, North America and Australia, has appointed Au King-lun as chief executive of FRM Hong Kong, responsib
KGR Absolute Return PCC, a Guernsey-registered fund of hedge funds that invests with Asia-focused managers, has raised some GBP15m through a placing and offer for subscription for C shares
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Troubled times bring waves of rumours and speculation. But sometimes this goes too far, especially if it leads to something more serious, even illegal.
Specialist emerging markets manager Argo Group has announced plans to launch the Argo Multi-Strategy Fund, a diversified multi-asset class portfolio that will enable investors to participa
Wilmington, Delaware-based PNC Financial Services Group has announced that its PFPC fund administration business has been renamed PNC Global Investment Servicing.
