http://www.hedgefundsreview.com Hedge Funds Review Daily News en-us © Copyright Incisive Media Investments Ltd. 2006 web@incisivemedia.com Hedge Funds Review http://www.hedgefundsreview.com/public/showPage.html?page=870039 Institutional investment managers are optimistic on the economy. A vast majority (83%) expect corporate earnings to increase in the coming quarter and 84% believe global growth will accelerate in the next six months. 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870039 http://www.hedgefundsreview.com/public/showPage.html?page=870038 Tullett Prebon has signed a deal to acquire Convenção S/A Corretora de Valores e Câmbio (Convenção), one of the leading inter-dealer brokers in Brazil. The acquisition is conditional on approval from the Brazilian authorities, including the Central Bank of Brazil, and is expected to complete in the second quarter of 2010. 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870038 http://www.hedgefundsreview.com/public/showPage.html?page=870037 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870037 http://www.hedgefundsreview.com/public/showPage.html?page=870036 European Central Counterparty (EuroCCP) will begin clearing and settling 120 of the most heavily-traded listed depositary receipts on October 16. Its central counterparty service, EuroCCP, has been extended extends to depositary receipts transactions. 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870036 http://www.hedgefundsreview.com/public/showPage.html?page=870041 Pensions & Investments (P&I) and the Alternative Investments Forum (AIF) have formed a joint venture creating a global think tank to educate and inform institutional investors about how best to invest their portfolios. The venture is called the Institutional Investments Forum (IIF). 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870041 http://www.hedgefundsreview.com/public/showPage.html?page=870040 Managed Funds Association (MFA) is to form alliances with regional hedge fund associations and their members in order to collaborate on key initiatives. 13 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=870040 http://www.hedgefundsreview.com/public/showPage.html?page=869988 Independent investment manager Aros Capital Partners, a London-based Anglo Danish company, has launched Aros Paradigm Fund SICAV, a single strategy global asset allocation fund. 12 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869988 http://www.hedgefundsreview.com/public/showPage.html?page=869985 Gulfmena Alternative Investments has launched its inaugural fund focusing on Middle East and North African (MENA) public equities. 12 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869985 http://www.hedgefundsreview.com/public/showPage.html?page=869986 StreamBase Systems has released a library of open order execution strategies for high frequency trading for use by hedge funds and other traders. 12 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869986 http://www.hedgefundsreview.com/public/showPage.html?page=869888 The Credit Suisse/Tremont Hedge Fund Index is expected to finish up 2.67% in September based on 65% of assets reporting). 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869888 http://www.hedgefundsreview.com/public/showPage.html?page=869886 FMO, a portfolio management system for hedge funds with reporting and attribution analysis, has released an updated version of its system. The main improvement is a real-time and historic reporting of fund performance across multiple prime brokers and custodians. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869886 http://www.hedgefundsreview.com/public/showPage.html?page=869921 All major categories of institutional investors - including pension funds, mutual funds, insurance companies, savings institutions and foundations - have remained fundamentally committed to the same investment policies they were using before the financial crisis. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869921 http://www.hedgefundsreview.com/public/showPage.html?page=869920 Castlestone Management has launched a Ucits III-compliant version of its global macro fund. Known as Intelligent Portfolio (IQ) Asset Allocation (Ucits) Fund aims to bring the advantages and performance capabilities of offshore, family office style investing to investors in the UK and Europe in a transparent and regulated wrapper. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869920 http://www.hedgefundsreview.com/public/showPage.html?page=869919 An overwhelming majority (83%) of Wall Street professionals expect to receive bonuses this year, according to a survey by eFinancialCareers.com, a career site for the finance community. Over one-third of finance professionals expect bigger payouts in 2009 than in 2008. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869919 http://www.hedgefundsreview.com/public/showPage.html?page=869918 Nasdaq OMX Nordic and European Multilateral Clearing Facility (EMCF) have launched a full central counterparty clearing (CCP) service on the Nasdaq OMX exchanges in Copenhagen, Helsinki and Stockholm. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869918 http://www.hedgefundsreview.com/public/showPage.html?page=869917 The Dow Jones STOXX Global Select Dividend 100 Index has been licensed to iShares to serve as the basis for an exchange-traded fund (ETF). The ETF will be available on Deutsche Börse. 9 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869917 http://www.hedgefundsreview.com/public/showPage.html?page=869884 The West Midlands Pension Fund has invested £40 million in Goodhart's Global Long-Short Equity Fund, a fund of hedge funds. 8 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869884 http://www.hedgefundsreview.com/public/showPage.html?page=869882 Hedge funds posted gains again in September. The HFRI Fund Weighted Composite was up 3% for the month. The strong third quarter gain brings the year to date performance of the composite index to over 17%, following record losses in 2008 of over 19%. 8 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869882 http://www.hedgefundsreview.com/public/showPage.html?page=869883 The Managed Funds Association (MFA) reaffirmed its support for proposals to enhance the transparency and regulatory oversight over private pools of capital, including hedge funds and managed futures funds. 7 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869883 http://www.hedgefundsreview.com/public/showPage.html?page=869881 Asia and emerging markets investment specialist Chartwell Partners has launched Emerging Markets Alpha. The service is aimed at high-net-worth individuals and institutional investors. 7 Oct 2009 http://www.hedgefundsreview.com/public/showPage.html?page=869881