News round-up: Bain Capital closes $2.2bn Absolute Return Capital fund

Goldman and Morgan Stanley boost prime brokerage market share; Hedge fund losses worst since 2008; and more…

Fractal Realms series. Design made of fractal elements, grids  and symbols to serve as backdrop for projects related to education, science and technology

Ex-ING quant pro launches DAX CTA fund

McLean systematic fund launched this month and is backed by McLean Advisory

Online poll: Carly Fiorina gets the HF vote for Republican nomination

Former Hewlett-Packard chief executive is gaining momentum with the business community

Deutsche hires two UK equity pros

Deutsche Asset & Wealth Management has recruited two equity market investment specialists from Barclays Global Investment Solutions and Société Générale.

Aspect Capital storms back into profit for 2014

Fee income surges 116% to $184m on best-ever performance for flagship fund

Alt Ucits down -0.9% in September as commodity plunge continues

The LuxHedge Global Ucits index was down -0.9% in September as a second consecutive monthly decline took its YTD returns

UK overhaul of local pensions could boost hedge fund investments

Marketing funds could be simpler but fees may be squeezed

Texas allocator secures Lakewood Capital top-up

$26bn County scheme invests further $40m in manager

UK tax agency ignores landmark LLC ruling

HMRC says Anson case facts unique but lawyers still to refer to case as leading authority

Aima unveils cyber guidance, warns on “throwing money at problem”

Industry group issues first document on subject

Ex-Daiwa chief economist launches Deepwater

Greater China-focused hedge fund receives seeding from Westpac subsidiary

News round-up: Armorerd Wolf to become family office

California manager to close; Tudor Jones predicts choppier markets; and more…

$14.7bn pension makes distressed commitment

Arkansas scheme allocates $25m to American Industrial Partners fund

Kelly Hampaul’s Everett hires Myriad principal

Jonathan Summers joins London start-up, which expects to start trading before year-end

Lombard Odier hires team for $150m global macro fund

$50bn asset manager hires ex-Brevan and Fortress pros for Ucits strat 

Ziff Bros sector head to launch hedge fund

Will Cook teams with former JAT Capital CFO to set up Sunriver Management

UK to merge local pension schemes into six wealth funds

George Osborne unveils radical streamlining of savings pots

QVT spinout Portsea eyes December launch

Led by Cyrus de Weck and Luka Spoljaric, firm to launch with initial capital of $50m