Hedge funds
Cayman moves to tighten hedge fund corporate governance
The Cayman Islands Monetary Authority has begun a consultation on corporate governance of regulated hedge funds. The move should bring the financial centre closer in line with other jurisdictions.
Cheyne Capital continues to find opportunities and performance in five asset classes
Opportunistic collaborators
Overall hedge fund performance needs to remain positive to keep investor interest
Beginning again from the end
Endowments question merits of hedge funds after negative returns in 2012
Hedge funds remain the single largest allocation for US university endowments but an extended period of lacklustre returns is leading some in the endowment community to question their value.
CTAs are an inexpensive and effective tail hedge, says AHL
Momentous times
Flurry of deals as big asset managers target stakes in hedge funds
The past couple of months have seen six established hedge funds sell minority stakes to large fund managers, including Neuberger Berman and GAM
Hedge fund due diligence process considers myriad aspects of qualitative and quantitative factors
Attention to due diligence
China-focused hedge funds produce outstanding performance in 2012
China-focused hedge funds performed well in 2012 and tend to show significantly lower volatility compared with their equity benchmark. Event driven and special situation funds were a positive for 2012.
Turning points: Frédéric Lasserre, Belaco Capital
Recent years have seen an outflow of commodity derivatives talent from banks towards hedge funds and independent traders. This is the path trodden by Frédéric Lasserre, former head of Société Générale Corporate & Investment Banking’s commodity research…
Diapason launches hedge fund strategy playing energy arbitrage opportunities in liquid futures
Independent commodity asset manager Diapason Commodities Management is launching a hedge fund trading spreads between commodity future contracts using a proprietary model of the refining industry.
Eiffel Credit Opportunities: Eiffel Investment Group
Eiffel capitalises on catalysts in European credit through long/short hedge fund
Ex-Citadel managing director's structured credit hedge fund secures seed deal
Grosvenor Capital Management has committed $85 million in seed capital for a structured credit hedge fund started by a group of former Citadel executives.
Mariner absorbs Concordia as hedge fund consolidation gathers pace
Concordia Advisors, which manages around $1 billion in relative value-oriented interest rate, credit and equity strategies, is to merge with $10 billion hedge fund Mariner Investment Group.
Northern Trust to shadow BNY Mellon at Bridgewater
Northern Trust appointed to replicate middle- and back-office functions of existing administrator BNY Mellon at $140bn hedge fund
Sponsored supplement: Exante 2013
Exante managing partner Alexey Kirienko discusses how technology is at the centre of creating systems and product offerings that are attractive for both asset managers and investors.
MKP sells stake to Dyal and bolsters senior management team
Private equity fund Dyal Capital Partners has made its fifth hedge fund investment with the purchase of a minority stake in MKP, a hedge fund manager specialising in global macro and credit strategies.
Sponsored forum: Sub-custody
Drivers and growth for the sub-custodian
Special report Malta 2012/2013: Dawn of a new era
Malta is poised for growth as EU legislation on the alternative fund industry comes into effect in July 2013. Elections scheduled for March 2013 could also boost growth of financial services.
Malta confident of expansion fillip with introduction of EU alternative fund managers directive
Special report Malta 2012/2013: Dawn of a new era
Maltese legal services eyes possible growth opportunities from introduction of AIFM directive in 2013
Special report Malta 2012/2013: Dawn of a new era