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 […]

In response to growing demand by hedge funds for independent safekeeping of their assets, BNY Mellon has been chosen by Goldman Sachs International (GSI) to provide a segregated sub-custody service to GSI’s prime brokerage clients through Montague Place Custody Services (“MPCS”). “Prime brokers are looking to trusted providers like BNY Mellon to deliver a seamless offering that will safeguard their […]

Credit Suisse Prime Services has ranked #1 for the second consecutive year in the 2010 Global Custodian Prime Brokerage survey, earning more Best in Class awards than any bank. Among the clients surveyed for the 17th annual survey, Credit Suisse emerged as a leader in scores awarded for reputation. Other highlights include: — #1 in the global league tables — […]

Credit Suisse and Dow Jones signed an agreement which covers the calculation, licensing, branding and marketing of the hedge fund indexes formerly known as the Credit Suisse/Tremont Hedge Fund Indexes. Under this agreement, the indexes will be branded Dow Jones Credit Suisse Hedge Fund Indexes, and Dow Jones Indexes will calculate, distribute and market the indexes, while Credit Suisse affiliates […]

The beginning of summer is upon us so it’s time to get out of the office to enjoy a beautiful night on the terrace at Sentry Centers Midtown East, Thursday, June 24th, 2010. At the HedgeCo.Net Summer Networking Event, investors, hedge fund managers, and other industry professionals can come together to enjoy a night of sharing ideas and meeting new […]