London-based Fauchier Partners has launched a fund of hedge funds focusing on special situations. The objective of the new Jubilee Special Situations Fund (JSSF) is to provide investors with the premium returns more commonly associated with longer term and less liquid investments. JSSF has a return target of LIBOR plus 8 per cent. It has been designed as an ideal vehicle for investors who are able to commit funds for longer time periods and who require diversification from and better liquidity terms than typically offered by private equity investments. JSSF will comprise a portfolio of hedge funds investing across the

Trafalgar Capital Management (UK) LLP, the London-based hedge fund manager, has celebrated the fifth anniversary of its Trafalgar Trading Fund Inc.

State Street has recruited Kevin Sullivan and Neil Wright to senior vice presidents with responsibility for overseeing the ongoing development of State Street’s derivative processing capab

MSCI Barra is developing a global family of Islamic indices, designed to reflect Sharia investment principles while retaining replicability for international investors.

The growing popularity of hedge funds and real estate funds helped Luxembourg’s fund industry to a fourth year of strong growth.

Northern Trust has been selected to provide fund administration services to the Guernsey listed EUR 816 million (approximately USD 1.1 billion) BH Macro Limited fund.

Pioneer Alternative Investments (PAI) has grown its Fund of Hedge Funds research team with the appointment of Josh Hall as Senior Operational Due Diligence Analyst.

Standard & Poor’s has launched a fully investable GCC Shariah Index which has been designed to capture the largest and most liquid stocks across the GCC, paving the way for the creatio

The private bank Sal Oppenheim jr & Cie has taken control of the French asset management company Financière Atlas S.A.