Author Archives: Alex Akesson

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.

GlobeOp Hits Record AuA, Looks to Europe

GlobeOp Financial Services AuA has increased by 12%, to a record $167 billion in the quarter 31 December 2010, to 31 March 2011. It has increased 46% in the past 12 months. Cash totalled $73 million (unaudited) as at 31 March 2011, a $26 million increase, 54%, since March 2010. The Company will make its planned dividend payment relating to […]

New Hedge Fund Launches Up 51% Since 2009

According to a new hedge fund industry study, Sizing The 2010 Hedge Fund Universe: A PerTrac Study, the single-manager hedge fund industry recovered in 2010 with assets under management (AUM) increasing 11% over 2009 to $1.6 trillion. 1,184 new funds were launched, representing a 51% increase over the prior year. Total AUM for single-manager hedge funds and fund of funds was $2.1 […]

FINRA Pre-IPO Social Media Offerings Alert

The Financial Industry Regulatory Authority (FINRA) has issued an alert to warn investors about pre-IPO scams purporting to offer access to shares of Facebook, Groupon, Twitter and Zynga.  These companies have millions of subscribers and have dramatically changed the way people interact.  But social media has also become the latest hook on which con artists can hang a scam.  In […]

TIC Monthly Reports on Cross-Border Financial Flows

Foreigners’ Acquisitions of Long-term Securities (years ascending, start 2009) 1 Gross Purchases of Domestic U.S. Securities 20479.7 24985.6 21293.9 25844.8 2519.6 2127.4 2191.7 2276.1 2 Gross Sales of Domestic U.S. Securities 19840.9 24075.0 20580.6 24915.0 2426.0 2053.4 2117.3 2243.7 3 Domestic Securities Purchased, net (line 1 less line 2) /1 638.9 910.6 713.2 929.8 93.6 73.9 74.4 32.4 4 Private, net […]

Hedge funds stay positive despite challenging market conditions, up 0.2% in March

The Eurekahedge Hedge Fund Index was up 0.2%1 in March, with the year-to-date return at 1.33%. This makes March the ninth consecutive positive month for the hedge fund industry, as managers navigated successfully through turbulent market conditions. The MSCI World Index was down 1.53%2 during the month. Below are the highlights for March: – Strong launch activity was witnessed in […]

Dow Jones Credit Suisse Core Hedge Fund Index Launch

Dow Jones Indexes and Credit Suisse today announced the launch of the Dow Jones Credit Suisse Core Hedge Fund Index, the newest addition to their market-leading hedge fund index family. “The Dow Jones Credit Suisse Core Hedge Fund Index was launched in response to increasing investor demand for more transparency and liquidity in the hedge fund universe and we believe […]

Hong Kong Celebrates 100 WHF’s 10th Anniversary

During the weeks of May 2nd and May 9th, 100WHF will host a series of nine global education events as part of 100WHF’s 10th Anniversary celebration, demonstrating the organisation’s worldwide presence. The series will kick off in Washington DC, followed by Paris, Toronto, Hong Kong, Milan, London, Boston, New York and end at the SALT conference in Las Vegas (organised […]

Events: Hedge Fund Association Florida Symposium

The Hedge Fund Association is hosting a Symposium on Successful Hedge Fund Strategies – April 12, 2011 in Naples, FL. with Moderator David Friedland, President of Magnum U.S. Investments. Among the topics are; which strategies are outperforming their peers; where fund of hedge funds managers expect returns to be generated in 2011 and beyond, and how high-net-worth investors should approach due diligence […]

Man Group Pre-Close Trading Update: financial year ending 31 March 2011

Key points – operating • Funds under Management (FUM) at 31 March 2011 currently estimated at $69.0 billion (31 December 2010: $68.6 billion) • Q4 expected to see net inflows of approximately $0.7 billion, reflecting $5.3 billion sales (predominantly in open ended alternatives and long only) and $4.6 billion redemptions • Investment movement flat across the firm in January and February, with […]

SEC: Key Trigger Dates

The SEC has recently updated its Q&A on Part 2 of Form ADV. It clarified certain sections of the new form and explained how to respond in certain scenarios. Key take-aways from the update include: Key Trigger Dates Currently registered SEC advisers with a fiscal year-end between December 31, 2010 and April 30, 2011 must deliver the new Form ADV […]