Citi has devised an online calculator to help financial planners and investors alike calculate annualised returns for its
Current monthly fund registrations in the Cayman Islands are indicating a strong recovery and are running at over 100 new funds a month. The fund industry is now on track to exceed the previous total of regulated funds by the
The Alternative Investment Management Association (AIMA) is opening a new office in Washington, DC. The office, which opens this week, will support the association’s growing membership and government affairs work in the United States. The DC location expands AIMA’s existing
Mehmet Dalman’s WMG aims to raise USD 1 billion for a new Global Macro hedge fund managed by Paresh Patel, previously with Tudor. Of the approx USD 13 billion raise
The Securities and Exchange Commission (SEC) has charged two individuals who provided the biggest influx of investor funds into one of the largest-ever Ponzi schemes in South Florida. The SEC alleges that George Levin and Frank Preve, who live in
CME Group has approved China Merchants Futures (HK) Co as a CME, CBOT, NYMEX and COMEX clearing member, effective 21 October 2013. "We are pleased to welcome China Merchants Futures as our clearing member," says Kim Taylor, president, CME Clearing. "Having
Eurex and the Korea Exchange have received commitment and support from major market participants for the launch of their joint Eurex/KRX Link on 30 August. This link comprises a cooperation to trade and clear options on Korea’s blue-chip index, Kopsi
Despite hedge funds posting a slightly positive performance of 0.06 per cent for June, according to the Lipper Hedge Fund Composite Index, their risk/return profile remained intact. June’s return brought year-to-date performance to minus 2.88 per cent. Dedicated short-bias (+1.84
Hennessee Group, an adviser to hedge fund investors, has announced that the Hennessee Hedge Fund Index increased by 2.88 per cent in October and is up 13.65 per cent in the first 10 months
