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BISYS has launched its comprehensive ComplianceEDGE program, which provides the policies, procedures, testing, reporting, and recordkeeping required for fund companies to co
The Massachusetts state pension fund is allocating USD 1.7 billion to five funds of hedge funds managers to help diversify risks and bolster returns.
Are registered investment advisers in the US required to adopt a formal e-mail retention policy? This note from law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP clarifies the matter.
At the “SEC Speaks” conference sponsored by the Practising Law Institute, the staff of the Securities and Exchange Commission emphatically stated that SEC investigators will request an adviser to produce its past e-mails when conducting an inspection of the adviser.
According to the SEC staff, the impetus for requesting past e-mail has been the market timing and late trading scandals involving mutual funds and hedge funds.
The SEC staff stated that
BNP Paribas Asset Management (BNP PAM) has agreed to acquire the USD 650 million Javelin fund of hedge funds business from ZCM Investor Capital Inc.
Mellon HBV Alternative Strategies has refocused the mandate of its US special situations investment strategy to take advantage of key event-driven investment opportunities.Â
Total hedge fund capital allocated to Japan’s equity markets more than doubled on a year-on-year basis to USD 72 billion at the end of 2003.
In conjunction with a group of substantial European-based family offices, Arundel Partners, the London-based hedge fund investment group, is launching Arundel Emerging Manag
Hedge fund use by US pension funds, endowments, and foundations remained on a steep upward curve throughout 2003, with 23% of funds reporting hedge fund use as compared to j
LGT Capital Partners, the Swiss- based alternative investment manager, has been appointed by the Seventh National Swedish Pension Fund as a manager for AP7’s private equity
Ed G.Robertiello, CFA, has joined USD 4 billion Asset Alliance in New York as Senior Managing Director of Investments and Research.
