News

Barclay hedge index up 1.06% in May

Hedge funds gained 1.06% in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The...

Timothy Reilly joins SS&C

SS&C Technologies Holdings, Inc. has announced the appointment of Timothy Reilly as senior vice...

Lyxor launches pure merger arbitrage UCITS fund

Lyxor Asset Management has announced the launch of the Lyxor/Tiedemann Arbitrage Strategy Fund, a new UCITS-...

HFs underperform S&P 500 by 126 bps in April

BarclayHedge and TrimTabs Investment Research have reported that hedge funds took in a net $430 million (0....

John Harrison joins AllenbridgeEpic

AllenbridgeEpic Investment Advisers, an investment adviser to UK pension funds, has announced that John...

SS&C GlobeOp Hedge Index: +0.77% in May

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2013 measured 0.77%. Hedge...

Six 100WHF/CAIA Scholars awarded Charter

The Chartered Alternative Investment Analyst (CAIA) Foundation, sponsored by the CAIA Association, have...

AIMA CEO to step down at end of 2013

Andrew Baker, Chief Executive Officer of the Alternative Investment Management Association (AIMA), the...

Hedge funds attract $50bn in five months

Hedge funds witnessed the seventh consecutive month of positive returns in May amid mixed returns in global...

ESMA clarifies investment firm pay rules

The European Securities and Markets Authority (ESMA) has published Guidelines on remuneration policies and...

Gilbert Tse appointed Head of Lyxor for Asia

Lyxor Asset Management has appointed Gilbert Tse as Head of Lyxor for Asia. Based in Hong Kong, Gilbert has...

HFs gain in May as bonds, currencies fall

Hedge funds posted their seventh consecutive monthly gain in May and the 11th gain in the last 12 months as...

Permal extends relationship with MSCI

Permal Group, the alternative asset managers with approximately $24 billion assets under management, has...

Greenwich hedge index shows modest growth

Hedge funds had mixed results in May with nearly a perfect 50/50 split between gainers and losers. Over all...

Gravitas launches Risk-as-a-Service for HFs

Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing, risk analytics and...

GAM Insight for June

May was a positive month overall for US and European equities, but also a month of sustained weakness across...

Gottex and Staples Rodway joint venture

Staples Rodway Asset Management Ltd (Staples Rodway or SRAM), the investment management subsidiary of...

Dillon Eustace releases Irish AIFMD guide

Dillon Eustace, the Irish financial services law firm, has released a comprehensive guide to the...

EDHEC: Commodities suffer big loss in April

In April, the stock markets’ winning streak extended to six months. The S&P 500,...

CAIA and University of Amsterdam sign partnership

The Chartered Alternative Investment Analyst (CAIA) Association and the University of Amsterdam have...

Peter Guarino and Vivek Pingili join Cordium

Cordium, the compliance consultancy to the asset management industry and the new name for HedgeOp Compliance...

ESMA reviews impact of short selling regs

The European Securities and Markets Authority has published its Technical Advice evaluating the impact of...

FCA opens door to early UK AIFM applications

The FCA has set out the timetable and its information requirements to authorise existing regulated firms who...

HFSB appoints new US board member

The Hedge Fund Standards Board (HFSB) is strengthening US representation on its board with the appointment...

Guernsey AIFMD update

On 30 May 2013, the European Securities and Markets Authority (ESMA) announced that it has approved...

ESMA approves supervision arrangments for AIFs

The European Securities and Markets Authority (ESMA) has approved co-operation arrangements between EU...

Appleby acquires Caledonian Isle of Man operation

Appleby has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of...

ML Capital Group appoints chairman

ML Capital has announced the appointment of Dr. Dermot F Smurfit as Chairman of the ML Capital Group of...

Ashburton launch Africa Equity Opportunities Fund

Ashburton has launched its new Africa Equity Opportunities Fund. The strategy will be focused on targeting...

Managed futures +1.11% in April

Managed futures gained 1.11% in April according to the Barclay CTA Index compiled by BarclayHedge. The Index...

Jeff Pamplin joins BNY Mellon

BNY Mellon has named Jeff Pamplin as head of client service management in EMEA for its alternative...

International OTC derivatives regs paper released

The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has...

EDHEC and CACEIS launch new research chair

CACEIS and EDHEC-Risk Institute have announced the creation of a new research chair at EDHEC-Risk Institute...

New members for EDHEC-Risk advisory board

EDHEC-Risk Institute is has announced that three new members have joined its international advisory board,...

AIMA committee publishes ‘Beyond 60/40’

The AIMA Investor Steering Committee (ISC), a committee of institutional investors that undertakes...

Hedge Fund Book of Jargon app launched

Latham & Watkins LLP has announced the launch of its Book of Jargon - Hedge Funds app...

Lyxor adds to hedge fund research team

Lyxor Asset Management has announced the addition of Frank Frecentese to its New York office as the Deputy...

SS&C GlobeOp: Redemption Indicator for May

SS&C GlobeOp announced that its Forward Redemption Indicator for May shows notifications of 3.77%. This...

IMS, HedgeOp and Evenwheel form Cordium

Following their merger last year, the established brands of The IMS Group, HedgeOp Compliance and EvenWheel...

TFG extends offering to mortgage market

TFG Systems, the risk and portfolio management software provider, has announced that it has extended its...

  • Profile
    CFP Equity Fund
    Four sub-strategies in a high-conviction setting - a look at CF Partners’ first hedge fund
  • Research
    Contributing to Communities
    AIMA’s global review of charitable and philanthropic activities by the hedge fund industry
  • Commentary
    Dutch Institutions
    How do Dutch institutions invest into hedge funds and alternative investments?

Features

Editor’s Letter - April/May 2013
ROD SPARKS, PUBLISHER
It usually takes time to attract enough capital to become one of Europe’s largest 50 alternative asset managers, so it is not surprising that our performance winners are mostly familiar name...
Brevan Howard Commodities Strategies Fund
EUROPE 50 PERFORMANCE AWARDS 2013 - WINNER PROFILE
The fact that Brevan Howard Commodities Strategies Master Fund Limited (BHCS) won the performance award with relatively modest returns of 7% last year goes to show how...
AHL Evolution
EUROPE 50 PERFORMANCE AWARDS 2013 - WINNER PROFILE
Man AHL Evolution aims to produce return patterns that are lowly correlated with traditional, trend following CTAs. This objective is not, however, pursued through trading in the opposite...
JABCAP Global Balanced Fund
EUROPE 50 PERFORMANCE AWARDS 2013 - WINNER PROFILE
Last year was “a year of two halves” for the six-year-old JABCAP Global Balanced Fund. The first half was frustrating as central bank intervention led to jittery markets that...
AC Risk Parity 12 Fund
EUROPE 50 PERFORMANCE AWARDS 2013 - WINNER PROFILE
Aquila Capital’s Risk Parity strategy was, at launch in 2004, the first risk parity product in Europe. It switched into a UCITS structure in 2008, which was also a strong year for the AC Ris...
Optimising Technology to Control Hedge Fund Costs
SAMER OJJEH and NATALIE DEAK JAROS, ERNST & YOUNG LLP
As the hedge fund industry has matured, firms’ cost structures have grown. The increase in expenses has accelerated recently as firms have scrambled to invest in new...
The Convergence of Consultants and Funds of Funds
DEUTSCHE BANK
As the industry matures and becomes more institutional, it follows that consultants have become one of the most influential groups in the hedge fund investor community. Many consultants have...
Newedge Alternative Investment Solutions
VANYA DRAGOMANOVICH
The financial crisis has not been kind to the derivatives sector. The number of futures commission merchants (FCMs) – houses that can handle futures orders and provide credit to clients trad...
EDHEC-Risk Institute
AN EXTRACT FROM AN EDHEC STUDY
Hedge funds use a diverse set of techniques to improve performance and reduce volatility. Hedge funds have investment mandates that differ from those of traditional...
FRM Early View
FRM
Investors entered April on the back of a strong first quarter for risk assets, supported by capital inflows into equities and a more benign economic landscape. The question in April was...

Reports

Lyxor: Hedge Funds Resilient in May
A Guide to AIFMD in Ireland
Risk Management: Further Improvements Foreseen

Video

Video
Interview with Ian Bremmer
Ian Bremmer, President, Eurasia, discusses his new book 'Every Nation For Itself - Living In a G-Zero World' with The Hedge Fund Journal's Bill McIntosh.