Hedge funds gained 0.32 per cent in October, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 6.09 per cent year to date. “News flows continued to drive the markets in October,” says Sol Waksman,
Man Group has entered into a series of transactions with Hutchinson Investors, managed by the Baupost Group, to sell the residual exposure to the Lehman estates that it acquired in July 2011 from certain GLG managed funds. The total consideration
Global broker Mariana UFP has selected TORA ’s cloud-based order and execution management system (OEMS) for pairs trading in London, New York and Melbourne. Pairs trading involves simultaneous buying and selling of multiple securities when the relative prices hit certain
Liontrust Asset Management has doubled its assets under management over the past year. AUM has grown from GBP1.19bn on 30 September 2011 to GBP2.36bn on 30 September 2012 and GBP2.38bn on 12 November 2012 while Liontrust has now recorded nine
DCG Luxembourg managing director Daniela Klasén-Martin (pictured) says the new risk management requirements introduced by this year’s revision of the grand duchy’s SIF law are only the start for asset managers that fall within the scope of the EU’s AIFM
The automotive sector is revving up interest with fund managers such as Paris-based Charles-Henri Neme, whose EUR400million Exane Funds 1 – Ceres A fund is targeting automotive stocks to increase cyclical exposure and piggyback on emerging market growth trends reported
Accusource, a provider of middle- and back-office operational services, has teamed with Canoe Intelligence, in a bid to bring ‘efficiency, speed and increased accuracy’ to the investment management industry. Institutional investors and family offices manage complex portfolios that often include
The US Commodity Futures Trading Commission (CFTC) has filed a complaint in federal court in Santa Ana, California, charging defendants Robert J Cannone of Laguna Niguel, Thomas B Breen of San Juan Capistrano, Francis Franco of Anaheim, and their company
Mark Baak (pictured) has joined Darwin Platform with effect from 1 January, 2012. Baak, the former Head of Portfolio Management at Finles Capital Management, will be responsible for the support and coordination of various investment management initiatives either tailor made
The hedge fund industry took in USD3.4bn (0.2 per cent of assets) in September, building on a USD7.7bn inflow in August, according to a report by BarclayHedge and TrimTabs Investment Research. Based on data from 3,004 funds, theTrimTabs/BarclayHedge Hedge Fund
