The US Commodity Futures Trading Commission (CFTC) today announced it filed separate but related civil injunctive complaints in the US District Court for the Southern District of New York in connection with the operation of two forex pooled investment vehicles
Evercore Partners Inc has completed the purchase of a 45% non-controlling interest in ABS Investment Management, LLC, an institutionally focused equity long/short hedge fund-of-funds manager. Under the terms of the purchase agreement announced on 14 November, 2011, ABS’s founders and
Hedge funds delivered mixed results in October but in aggregate closed in negative territory, according to GAM. The HRFX Global Hedge Fund index lost 0.5 per cent, bringing its year-to-date performance to 2.1 per cent. At the strategy level, event
Quantifi, a provider of analytics and risk management solutions for the global OTC markets, has published a joint whitepaper with consultant Jon Gregory exploring the difference in capital charges between the simple and more advanced approaches and the capital relief
The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.47 per cent in October as three of the seven index component strategies reported positive results for the month. The three top performing strategies were event driven (0.75 per
Irwin Menken, founder of software company C3, has joined Avalon Lake Partners. C3, a proprietary, web-based regulatory infrastructure tool, assists hedge funds and broker dealers with document aggregation, document audit trails and calendaring as these tasks relate to SEC and
Valentijn van Nieuwenhuijzen (pictured), Head of Strategy at ING Investment Management on the outcome of the US presidential election… The combination of an Obama win and divided Congress was our and the market’s base case expectation and is therefore not
Thomas (Tom) Kingsley is to drive Bloomberg Tradebook’s Asia Pacific execution consulting practice from Singapore. Kingsley brings 15 years of experience with the Asian equity markets having led sales and trading teams at buy-side and sell-side institutions. He joined Bloomberg
Indus Valley Partners (IVP), a provider of technology solutions to alternative asset managers, has added CPO-PQR and CTA-PR reporting functionality to the firm’s regulatory filing and reporting application – IVP RAPTOR. The update gives registered commodity pool operators (CPOs) and
Federated Investors is to acquire Prime Rate Capital Management, LLP, a United Kingdom-based provider of institutional liquidity and fixed income products, from Matrix Group Limited. Prime Rate Capital Management’s family of UCITS products includes Prime Rate Sterling Liquidity Fund, Prime Rate
