Friedberg Mercantile Group and Niagara Capital Partners have reopened the successful Friedberg Global Macro Hedge Fund to investors after nearly two years of limited capacity. The fund was launched in 2001 as a vehicle for the alternative investment strategies developed by Albert Friedberg, CEO and founder of Friedberg Mercantile Group. Read more...
Joseph Truelove talks to Hedge Funds Reivew about discusses issues and challenges facing fund administrators. Hedge Funds Review is the market-leading publication for the alternative investment industry. Register for one months free trial including a copy of the magazine and access to the website worth 54. Read more...
The International Organization of Securities Commissions (Iosco) has published standards for funds of hedge funds (FoHF) primarily looking at liquidity risk and due diligence. The IOSCO document was produced by the policy forum's technical committee after having identified investor protection regulatory issues for FoHFs. Read more...
Hedge funds in the US should keep track of proposed changes to the regulatory framework and take proactive steps to comply with rules that may be introduced in the near future, according to Steven Nadel, a partner in the investment management group at law firm Seward & Kissel. Read more...
The GlobeOp Financial Services integrated OTC derivatives processing platform is now offering on-demand access to valuation and reconciliation processing through GoOTC. The service is available from a single web-based portal. Through the platform fund managers will be able to obtain increased transparency across over the counter (OTC) trade lifecycles and will be able to demonstrate independent portfolio pricing and valuation confirmation to investors. Read more...
The GlobeOp Financial Services integrated OTC derivatives processing platform is now offering on-demand access to valuation and reconciliation processing through GoOTC. The service is available from a single web-based portal. Through the platform fund managers will be able to obtain increased transparency across over the counter (OTC) trade lifecycles and will be able to demonstrate independent portfolio pricing and valuation confirmation to investors. Read more...
Regulated funds registered in the Cayman Islands are now required to appoint a compliance officer as well as a money laundering reporting officer under recent changes to the Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands issued by Cayman Islands Monetary Authority (CIMA). Read more...
JP Morgan has created a dedicated group to provide an integrated prime brokerage and custody service to hedge funds and traditional asset managers. The prime-custody solutions group will work across JP Morgan's investment banking and securities services units creating a hybrid service for clients. Read more...
Frequent price reversals have made for a difficult trading environment for commodity trading advisors (CTAs) in 2009 but Troy Buckner, managing principal of NuWave Investment Management, believes a breakout could be just around the corner. Read more...
Sweden has called for discussion over a number of "key issues" in the European alternative investment fund managers (AIFM) directive. Holding the six-monthly rotating presidency of the European Union (EU), Sweden is keen to try to sort out some of the bigger problems with the draft before handing over to Spain in January 2010. Read more...
