Hedge funds
Hedge Funds Review Americas Awards 2013 open for entries
Hedge Funds Review is now accepting entries for the Americas Awards 2013. These awards recognise the top-performing hedge funds and funds of hedge funds in the US, Canada and Latin America
Risk management central to hedge fund capital raising, says survey
As more institutional investors opt for hedge funds, robust risk management is being seen as a central function needed in order to raise capital, according to a survey by Prmia and SunGard APT
LGT Capital Partners opens China office
People moves
Frontier hedge fund investors eye Iraq
A slate of telecoms IPOs and efforts to modernise banking regulations have some frontier market hedge funds enthused about prospects for Iraqi equities as institutional investors sit on the sidelines
Mariner picks ex-BlackRock rates head for macro strategy
Eric Pellicciaro, the former head of global rates investments at BlackRock, will manage a global macro portfolio for Mariner’s newly launched incubation fund
Armajaro plans hedge fund diversification and expansion
Staying power
United Arab Emirates amends rules on private placement of hedge funds
UAE rules have changed to exempt registration for private placement of foreign funds, overturning regulations adopted in 2012 that lengthened the process of offering hedge funds to local investors
Adelante Emerging Debt Fund: Adelante Asset Management
Makeover formula
Hedge funds face continued global economic uncertainty
Search for meaning
Convertible arbitrage hedge fund strategies continue to outperform
Developed Europe-focused funds report positive gains
Hedge fund investors divided on SAC probe
SAC hopes to put an insider trading probe by the US Securities and Exchange Commission behind it after agreeing to pay a record fine, but hurdles still remain
Hedge fund managers challenged to provide investor solutions, not products
Hedge funds are under pressure to differentiate and explain their worth concludes a survey by SEI. Managers need to work with investors to find portfolio solutions rather than offer products
Commodity trader CF Partners launches first hedge fund
CF Partners, active in the commodities market since 2006, has launched a long/short equity hedge fund after hiring Alvaro Ventosa from Spanish fund manager Cygnus Asset Management
Primes push synthetics as Basel III bites
Synthetic benefits
English court decision highlights difference with Cayman law
Derivative claims are a way for fund investors to sue a fund’s manager. A recent English court decision highlights the contrast between limited partnership derivative claims in England and in Cayman
Apex offers low-cost option for hedge fund start-ups
Apex Fund Services is providing start-up hedge fund managers with a range of options to keep costs down, including free office space in several major cities around the globe. It will also offer advice
Alternative Ucits shaken by regulatory changes
Esma guidelines for Ucits funds and the introduction of the AIFM directive are casting doubt over the future shape of the alternative Ucits industry as demand for the products remains strong
Cyprus bail-out does not stop long-term problems for euro
The eurozone faces mounting political and social tensions. Its latest policy moves on the Cyprus bailout are likely to exacerbate the situation as longer-term problems remain, concludes Saxo’s Hardy
Hedge funds face dilemma of implementing socially responsible investing
Responsible investing challenge
Hermes makes first hedge fund acceleration investment
Hermes has partnered with private equity company Northern Lights Capital Group to create an acceleration capital fund. Its first investment is in a credit long/short fund run by US-based Taurasi
Hedge funds split on outlook for junk bonds
Split on junk
AIFM directive unlikely to cause significant changes in Cayman
The Cayman Islands Monetary Authority has opened negotiations with Esma on a co-operation agreement on the EU’s AIFM directive. Separately, its consultation on hedge fund directorships has closed
Talent fuels growth of Asian hedge fund industry
Asian advancement