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Total hedge fund asset levels increased by 8 per cent in the second quarter of this year to USD2.593trn, from USD2.401trn at the end of March, according to the latest HFN Hedge Fund Indust
Hedge funds recorded on average little or no gains in July as managers suffered from sharp falls in US, European and Asian equity markets, widening credit spreads and rising oil prices.
The board of London-listed fund of hedge funds Dexion Trading has finalised proposals to replace its previous investment adviser, FRM Investment Management, with Legg Mason subsidiary Perm
The Federal Reserve injected some USD38bn into the US banking system, following similar moves by the central banks of Europe, Australia, Canada and Japan, in a bid to stabilise the bond ma
Torrey Associates, an SEC-registered fund of hedge funds manager, has recruited John McClenahan as director of risk management from long/short equity manager North Sound Capital Management
State Street Corporation has announced the appointment of Nick Wright as senior vice-president and chief operating officer of State Street’s investment servicing business in the UK, Middle
Citco Fund Services has announced the opening of a new office in Malvern, in the suburbs of Philadelphia, as a financial reporting centre of excellence whose services will be available to
CMA Global Hedge, the Guernsey-domiciled, London-listed fund of hedge funds, has announced that it can now offer significant access to its investment strategies in euros, US dollars and st
SuperDerivatives, a provider of multi-asset derivatives solutions for real-time option pricing, independent revaluation, derivatives data, online trading and risk management systems, has a
Axes, a New-York-based agency broker and pioneer in electronic trading access to the world’s developed, emerging and frontier markets, has appointed BNP Paribas Securities to replace Soci&
