Prestige opens second Malta office

Naxxar space follows AIFMD licence from regulator

FCA hires wholesale investment supervision head

Megan Butler joins on secondment from the PRA

Hedge fund leverage falls -1.3% over last week

Consumer cyclical exposure boosted while other sectors cut, reports JP Morgan

Cowen Group to acquire Conifer prime business

Cowen makes second acquisition in a month with Conifer deal

Chenavari launches l/s credit Ucits fund on Lyxor platform

Strat to focus on niche debt and bank deleveraging opportunities

News round-up: Treasury allows BoE appointee to retain HF share

Celgene accuses hedge fund manager of profiting from attempts to wipe out its patents; and more…

Global macro strats in demand with investors in H2

Credit Suisse survey shows 93% intend to maintain or increase HF allocations

Esma excludes Cayman from AIFMD passport

Guernsey and Jersey win approval

Mitsubishi launches emerging manager service

Service aims to get new managers to market quicker

EU Commission pushes for pan-European insolvency regime

Hedge funds say rule changes are essential for Capital Markets Union

Ex-Fred Alger tech pro to launch new TMT l/s fund

John McPeake set to launch Devi Capital Management in October

Man Group profits up on fee income jumps

Performance fees nearly double in H1, driven by AHL

UBS launches GBP share class for global l/s fund

Irish-domiciled vehicle seeks less volatility than long-only funds

Alternative Ucits funds down -0.4% over the last week

Emerging market funds plummet -1.6% in seven days

SS&C launches form ADV Market Intelligence tool

Platform scrapes all data from SEC form ADV filings

News round-up: Wells Fargo launches commodities funds

Hedge funds battle for returns on from defunct Spanish rail firm; Paulson and Einhorn stay with gold; and more…

UK and German AIFMD battle delays authorisations

Some EU managers of non-EU funds have suffered year-long wait

Quotes of the week: “Hit and run” activists and industry Budget boon

Presidential candidate hopeful Hillary Clinton sets out her economic vision and industry experts highlight Budget changes