Countries
Emerging Market Hedge Funds Up 6.5%
Quarterly asset total increased by more than 6.5 percent as hedge fund investors raised exposure to emerging Asia and Russia, industry tracker Hedge Fund Research (HFR) said in a statement. Pharos Russia Funds said that, “The major strength was found in the ruble which gained 4% against the dollar during the month as oil remained [...]
Co-domiciled Hedge Funds On The Rise
A survey report released today by RBC Dexia and KPMG predicts that hedge fund managers will continue to create EU-domiciled hedge funds to complement their Cayman Islands or other offshore offerings, but that the QIFs and SIFs were gaining popularity versus the UCITS framework. The survey challenges the notion that onshore domiciles could rival the supremacy of [...]
Russia Hedge Fund: Ruble Up 4% Against US Dollar
April saw a slowdown in the rally amongst oil and gas names, although two of our positions– Gazprom and TNK-BP — were both up high single digits, according to Pharos Russia Funds. Given the ongoing disruption to other components of the global economic story– MENA disruptions, Eurozone credit overhang and Chinese overheating — the US [...]
Man expands AHL presence to create standalone CTA trading team in Hong Kong
Hedge fund giant Man Group plc has expanded it’s Hong Kong AHL division – Man’s quantitative managed futures manager – to 11 (from five), making it one of the first and largest CTAs to create a standalone trading operation in the city. The new trading operation in Hong Kong covers 49 Asian markets, trading around [...]
Swedish Hedge Funds in April
Translated from my new project in Sweden – Hedge funds made a comeback in April 2010, according to statistics from Nordic stock analyst company, Nordnet. Investors are also reported to have been selling their low risk mutual funds in April. “Investors are waiting for direction when it comes to investing, due to the recent debt [...]
Global Hedge Fund Solutions Company Opens Office In Mexico
Fidessa group plc., today announced the launch of its Mexican trading platform. The platform will provide market participants with all the features necessary for compliant multi-asset trading under Mexico’s new trading regulations, which include routing and prioritization rules. The new regulations were introduced in order to make trading and connecting with the Mexican Exchange (Bolsa [...]
Hedge Fund Solutions Provider RTS To Open Up Shop In India
RTS Realtime Systems Group, a global hedge fund trading solutions provider, is preparing to open its first office in India with a sales and support staff in Mumbai. “The office in Mumbai will enable us to provide hands-on support directly from India and to build even further on our capabilities locally.” Steffen Gemuenden, RTS’ CEO [...]
MENA Telecom Hedge Fund Investments
A new hedge fund initiative has been established focusing on telecom infrastructure investments in the Middle East and Northern Africa (‘MENA’). The MENA Infrastructure Fund (‘MIF’) is an initiative of Sahara Development Fund (‘SDF’), a Dutch based investment management company led by Dr. Paul Gelderloos. The new hedge fund aims to raise $250 million. “I [...]
The Hedge Fund Association Expands into Latin America
The Hedge Fund Association (HFA) announced its expansion into Latin America along with the appointment of five new Directors. “The hedge fund industry has become increasingly global in scope. As such, it makes sense for the HFA to expand so that we can advocate on behalf of the international alternatives industry,” said David Friedland, President [...]
Cayman Signs Hedge Fund Friendly Tax Agreement with India
The Cayman Islands signed its twenty-second Tax Information Exchange Agreement (TIEA) with India yesterday. The Cayman Islands is on the Organisation for Economic Cooperation and Development’s (OECD) ’white list’ of jurisdictions that implement international tax standards for investors such as hedge funds and other alternative investors. “Our Government has a strong working relationship with our Indian [...]
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