News

News round-up: Robertson-backed fund dropped nearly 7% in August

Tiger Ratan, the hedge fund run by Nehal Chopra and backed by Julian Robertson, lost nearly 7% last month according... Read More


FCA hands managers extension to Ucits V deadlines

Some firms could avoid tough new pay rules until 2017

Systematic manager FORT plans second Ucits launch

Firm to offer diversified fund alongside existing contrarian offering



FCA launches review of soft closure rules

UK regulator asks for information on suspending inflows


Top 10 global shorts: Zoe’s Kitchen tops list of US shorts

Markit data sets out the top 10 shorts in global regions


Greenwich pension raises strategic alpha allocation

$389m scheme’s new allocation policy could treble investment in Loomis Sayles fund


Theleme CIO Degorce loses £8m HMRC tax appeal

Patrick Degorce bought the rights to feature films for an artificially inflated figure of £21.9m


SS&C to split up Advent following acquisition

Advent CEO Pete Hess to oversee creation of asset management and alternatives and advisory market groups


Hedge fund manager launches mass market trading apps

Service for simplified FX and CFD trading launched this month


News round-up: Fortress president Stuart Bohart leaves firm

Pershing Holdings falls 9.2% in August; Hedge funds beat market rout; and more…


HFs rush to European stocks amid US/China sell-off

Buying activity towards end of Aug reverses net selling from June onwards


Opers appoints Richard Shafer as CIO

Acting CIO appointed following year-long spell in role


UK in renewed bid to stop Mifid II dealing commission ban

Esma set for crunch board meeting this month




Tenor Capital tops asset target for arbitration fund

New York manager closed niche vehicle with $170m


SS&C snaps up software firm as acquisition spree rolls on

Firm buys Varden Technologies


KeyQuant launches Cayman CTA fund

The Key Trends 15 Fund launched this week with $16m


Connecticut pension halves BlueCrest FoHF investment

BlueCrest hit by redemptions after Albourne recommendation


Experts call for pan-European alt credit passport

Lawyers want carve out for AIFs, Ucits and Eltifs