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Phoenix and LJH Form Strategic Alliance

Phoenix Investment Partners, Ltd., the investment management subsidiary of The Phoenix Companies, Inc., has announced an agreement in principle to form a strategic alliance with LJH Global Investments, LLC, a hedge fund advisory firm. The Phoenix LJH relationship initially will

Prime Brokerage: One Service to Bind Them All

Northwest Mutual Funds Eyes Merger Northwest Mutual Funds wants to merge the Northwest Specialty Resource Fund into Northwest Specialty Equity Fund, pending unitholder and regulatory approval.3 Plansponsor.comAFBA 5Star Funds Increases its Family AFBA 5Star Funds has recently added the AFBA

Investment Technology Group to Acquire Hoenig Group

Investment Technology Group, Inc. ("ITG") and Hoenig Group Inc. ("Hoenig") have signed an agreement under which ITG will acquire Hoenig for approximately $115 million, or $12.34 to $12.59 per share of Hoenig. The purchase price will be paid entirely in

Bank of Bermuda Launches New Fund of Funds

A new fund of 'rising star' hedge funds is being launched by Bank of Bermuda. All Points Absolute Return Funds Opportunity Fund takes advantage of the early strong performance typical of new hedge fund managers. It seeks to provide the

Senior Traders Leave Bank of America to Form Hedge Fund

A group of senior Bank of America stock derivatives traders (Van Nguyen, global head of equity derivatives trading, John Illuzzi, Andrew Mitchell, Venk Reddy, Nathaniel Newlin and Tim Walton) have left to form a hedge fund, according to Reuters, citing

Merger Arbitrage Funds Seek Alternative Approach

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

Hedge Funds Inch up in January

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

CSFB Unveils HIP Tracking Fund

Credit Suisse First Boston announced the launch of its first Hedgefund Index Participations "HIP" fund, which has been designed for investment by pension funds and other institutions who wish to diversify their portfolios across alternative forms of investment vehicles. Commenting

ABN AMRO Bank Announced as Guarantor for Man AP Strategic

Man Investment Products, an international alternative investment manager, announced that ABN AMRO Bank N.V., London Branch1 will undertake the role of Guarantor for the capital guarantee structure provided by its forthcoming product, Man AP Strategic Series 1 Ltd (Man AP

LJH Cautious About European Hedge Fund Prospects

In a paper published today, LJH Global Investments, the Florida based hedge fund advisory firm, is skeptical about the performance prospects for the long short equity funds that have proliferated in Europe in the last few years. It says company