Monument Securities, the London based financial advisers where economics guru Stephen Lewis is Chief Economist, today announced the launch of the Marcellus Fund, a hedge fund investing in European equities. The Marcellus Fund will be managed by Grant Cullens, 39,
Neuberger Berman announced today that it has agreed to acquire the assets of LibertyView Capital Management from Credit Agricole Indosuez. The acquisition, which relates to approximately $1 billion in assets under management, is expected to close by year end. Terms
The MSCI Hedge Fund Composite Index increased 0.07% for the month of October, bringing its year to date performance to 1.27%. As a point of comparison for the performance of hedge funds versus other investment areas, the MSCI World Equity
OneChicago the electronic joint venture between the Chicago Board Options Exchange (CBOE), Chicago Mercantile Exchange Inc. (CME) and the Chicago Board of Trade (CBOT) announced today that it will offer 21 more futures contracts on single stocks beginning Friday December
Astin Capital Management Limited, a UK hedge fund management start up, has selected Reech Capital to provide a independent risk monitoring service to investors. The initiative is supported by Fimat International Banque SA (UK Branch), one of Astin's appointed Prime
UBS says that from the second half of next year its businesses will be represented by the single UBS brand. The firm will no longer market its services using the UBS Warburg or UBS PaineWebber brands. The decision to introduce
Dresdner Kleinwort Wasserstein (DrKW) has chosen the Reech Risk Hedge system as the risk management tool for its hedge fund clients. "We have decided to offer the Reech Risk Hedge system to our hedge fund clients to help them monitor
Hedge fund investment consultants Hennessee today announced that hedge funds in the Hennessee Hedge Fund Index produced a positive return of +0.91% in October. However, this means they under performed the S&P 500 Index (+8.84%), the Dow Jones Industrial Average
Micahel Michael Waresh, formerly a partner at Strome Investment Management, has launched a Global Macro Hedge Fund which focuses on fixed income and G10 currency trading. He says Savannah Asset Management received initial investment capital from a major German bank,
Alpha Investment Management, a leading full service provider of hedge fund investments, today announces the appointment of Carcie Rogers as Marketing Associate. Carcie will be responsible for servicing Alpha's institutional clients in Europe including Merrill Lynch and Prudential and will