Does loyalty lie with the lawyer or the law firm?
Big changes were afoot in the London hedge fund legal scene last week, after New York-based Akim Gump swooped on Simmons & Simmons
08/06/2010
BH Macro ends difficult May with positive performance
Listed hedge fund BH Macro rescued a disappointing May by posting a positive performance over the final week of the month, while the majority of listed funds reported a negative performance.
According to research published by JP Morgan Cazenove, BH Macro ended the month up 0.3% and was one of only two funds to boast a positive May performance, the other being RAB Special Situations, which ended the month up 0.7%.
Value Catalyst posted the worst performance, finishing the month down 9.02%.
The report also revealed that listed hedge fund Dexion Commodities has trigger a continuation vote which is set to take place on 1 July 2010.
According to the fund’s discount control management, assuming the vote for continuation in July is passed, if shares of a particular class trade at an average discount of, or above, 5%, in any 12 month period, another vote must be held.
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Editor's view: 8 February 2012
Speculative moves, a perceived landgrab and a potential bidding war in the hedge fund sector have all opened up in recent weeks
Comment: Julian Korek
"Advisers need to be analysing key considerations and determining where they fall in the spectrum of SEC registration; no easy task given the scope of the legislation"
Investor demand for CTAs is on the rise, says Agecroft Partners
Agecroft Partners is seeing widespread demand from institutional investors for Commodity Trading Advisors (CTAs), which is a dramatic change from the historical reluctance of many institutional investors and their consultants to allocate to this strategy.
Read More29/02/2012
UK: Open Protocol: The Challenge and Opportunities of Standardising Hedge Fund Risk Reporting
Join us and our panel of experts for HFMWeek's Subscribers' Club February's UK breakfast briefing…
29/02/2012
US: Endowments and Foundations in Hedge Funds
The next US HFMWeek Subscribers' Club breakfast, will take place on Wednesday February 29. Join…
02/02/2011
European Hedge Fund Services Awards 2012
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
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