The AQC1 Algert Global Equity Market Neutral Fund launched by Aquila Capital and San Francisco-based investment manager Algert Global LLC has returned 4.71 per cent to investors since its inception on 12 February 2018. The fund ranks among the top
Fincross International (incorporated as RUBIX Financial Group Ltd) has received an in-principle approval for an investment banking license from the Financial Services Commission of Mauritius (FSC). Led by former Société Générale CEO of the Middle East and Africa, Eddy
The Scotiabank Canadian Hedge Fund Index ended April 2012 down 2.99% on an asset weighted basis and down 1.86% on an equal weighted basis. The aim of the Scotiabank Canadian Hedge Fund Index is to provide a comprehensive overview of
The European Commission has presented a financial services legislative package designed to raise standards and remove loopholes for the benefit of consumers. Specifically, the package proposes new, consumer-friendly standards for information about investments, raises standards for advice, and tightens certain
Frontier Capital Management, a UK-based investment management company, has named Colin Hodges chief executive officer. Hodges (pictured) previously held the position of chief operating officer. Michael Azlen, who founded the company in 2004, becomes executive chairman. Marc Davies has
The Commodity Futures Trading Commission (CFTC) has filed and settled charges against Jacob Bourne, a former managing director of Deutsche Bank Securities Inc, for fraudulently mis-marking swap valuations to conceal significant trading losses. The CFTC Order requires Bourne to pay
Jersey Finance has welcomed the awarding of a AA+ Long Term Issuer Default Rating – one of the top international credit ratings – to The States of Jersey by Standard and Poor’s (S&P). In addition, S&P has also given Jersey
Iridium Asset Management has selected LaCrosse Global Fund Services to provide fund administration and operational support for its Iridium Alpha Fund, an Asian equity long/short strategy that invests in commodity-related sectors. The Iridium Alpha Fund was launched in April 2010
The fund of hedge funds sector is still growing strongly despite intermittent predictions of its demise.
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished April down 0.04%, with four out of 10 strategies in positive territory. In total, the industry saw estimated outflows of approximately USD8.35 billion in April, bringing
