Author Archives: Alex Akesson

The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has urged European Union policymakers to push ahead with reforms of over-the-counter (OTC) derivatives, saying that the benefits will outweigh increased costs. AIMA, which recently submitted a response to the European Commission’s Consultation on Derivatives and Market Infrastructures, said it wished to see EU policymakers implement […]

Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 1.59% in July and 2.22% YTD “The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month.” Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “Among the top performers […]

Hedge funds delivered strong positive results in July as the month saw rallies across most sectors and asset classes. The Eurekahedge Hedge Fund Index was up 1.42%1 for the month, bringing the year-to-date July returns to 1.17%. The MSCI World Index also posted strong gains of 5.65%, with its year-to-date July measure at -2.94%. Below are the highlights for the […]

From the Eisner LLP Legislative Monitoring Group Background On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”) which provides, among other matters, for increased regulation of banks and other financial institutions and creates a Financial Stability Oversight Council. In this release, we comment on the increased regulation of financial institutions – […]

After a slight loss in June the UCITS HFS Index returned a positive result in July 2010. Although just being up 0.35% this month it is a noteworthy result as the first three weeks the broad index was negative. After the first week of trading with nearly every strategy in the red the UCITS HFS Index was down by -0.46%. […]

Holland & Knight LLP – The Securities and Exchange Commission (“SEC”) has adopted two different amendments to the Form ADV, Parts 1 and 2.  On December 30, 2009, the SEC amended the custody rule for SEC-registered investment advisers (“RIAs”) and announced revisions to Part 1 of Form ADV to require RIAs to report custody practices. On July 21, 2010, the […]

Dow Jones Indexes, a leading global index provider, today announced enhancements to the methodology of the Dow Jones Global and U.S. Total Stock Market indexes as well as the Dow Jones Global Index. Effective with the open of trading on September 20, offshore-companies with a primary listing on a U.S. stock exchange will be eligible to be included in the […]

1 J.P. Morgan $ 53.5 2 Bridgewater Associates $ 43.6 3 Paulson & Co. $ 32.0 4 Brevan Howard $ 27.0 5 Soros Fund Mgmt. $ 27.0 6 Man Group $ 25.3 7 Och-Ziff Capital Mgmt. Group $ 23.1 8 D.E. Shaw Group $ 23.0 9 BlackRock (BGI) $ 21.0 10 Farallon Capital Mgmt. $ 20.7 11 Baupost Group $ […]

BNP Paribas won the award for ‘Hedge Fund Administrator of the Year – Americas, less than $50Bn assets under administration’ by the International Custody and Fund Administration (ICFA). “This is an important achievement for BNP Paribas, especially in the US, because it reflects how enterprising we are in developing innovative solutions to exceed our clients’ needs,” Andrew Dougherty, Managing Director […]

Jason Scharfman, author of  Hedge Fund Operational Due Diligence, and Managing Partner at Corgentum Consulting, LLC., has released a new study of operational due diligence trends. “We gathered data from over 200 hedge fund allocation organizations and noted trends in their due diligence processes. The paper also looks at the effects of fraud in guiding investor operational due diligence.” Scharfman […]