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Boston-based Affiliated Managers Group, Inc, a diversified asset management company, has acquired an equity interest in BlueMountain Capital Management, the USD 4.8 billion (AuM) credit al
Jon L Stein has joined Parker Global Strategies (PGS) as Managing Director of Strategic Initiatives.
In this newly created position, Stein will be responsible for product development and marketing for the firm in the areas of foreign exchange, portable alpha solutions for commodities and global natural resources, and several PGS investable indices that are in development. He will establish an office for PGS in Chicago and will also serve as a member of the firm’s Investment and Management Committees. Stein reports to Michael R. Parker, President.
‘We are very excited to have Jon on board and believe his
Augustus Asset Managers Limited, the independent investment manager of segregated accounts and hedge funds, has signed a four year IT infrastructure outsourcing deal with SAVVIS, worth GBP
A recent global survey of hedge fund managers cited technology as the number one area they believe fund administrators should focus on improving in the next two years.
The Dubai Financial Services Authority (DFSA) has issued its Hedge Fund Code of Practice, the first of its kind to be issued by a regulator.
David Knott, Chief Executive of the DFSA, says, ‘While there are a number of industry-based Hedge Fund Codes, the DFSA’s Code is the first of its kind to be issued by a regulator. Having received highly positive feedback throughout the consultation period, we are confident that the Code will provide investors and Hedge Fund Managers with a backdrop for the successful development of Hedge Funds in the DIFC by ensuring the industry has the necessary
Nearly half of UK pension funds now have hedge fund investments as the appetite for alternatives among pension funds continues to grow.
ICAP plc, the interdealer broker, and Jardine Lloyd Thompson Group plc have revealed that their joint venture, ICAP-JLT, has brokered its first catastrophe swap transaction.
Eurex has successfully launched major system enhancements over the past few days.
Only one of the six strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in November, mirroring the monthly performance in August – the only other month this year wh
Canadian private equity firm Ubequity Capital Partners has acquired a majority stake in PCE Investors, an infrastructure platform for hedge fund managers, from its previous owner, the brok
