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Hedge funds positive in May


06 June 2014 London
Reporter: Stephen Durham

Hedge fund performance was positive overall in May, rebounding from a slight decline in April, according to eVestment's May 2014 Hedge Fund Performance Report...
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KPMG adds strength of Rothstein Kass


02 June 2014 New York
Reporter: Stephen Durham

KPMG is to become the leading audit, tax and advisory services provider in the US hedge fund market with the addition of Rothstein Kass partners and employees...
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Everest Re appoints BNY Mellon


02 June 2014 New York
Reporter: Stephen Durham

BNY Mellon has been appointed indenture trustee, reinsurance trustee, registrar and paying agent for the $450 million Kilimanjaro catastrophe (cat) bond transaction sponsored by Everest Re...
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MUFG complete Meridian acquisition


30 May 2014 Bermuda
Reporter: Stephen Durham

Global asset administrator Mitsubishi UFJ Fund Services has completed its acquisition of Meridian Fund Services Group, which closed on 27 May 2014...
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Atlantic Fund Services enters the UK


29 May 2014 London
Reporter: Stephen Durham

Atlantic Fund Services has opened a new office in London that will focus on business development...
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European UCITS through the roof


28 May 2014 Brussels
Reporter: Stephen Durham

The European investment fund industry saw a surge in demand for UCITS in Q1 of 2014 with the total rising to €148 billion, according to statistics from the European Fund and Asset Management Association (EFAMA)...
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HSBC bags £6.5 billion mandate


19 May 2014 London
Reporter: Mark Dugdale

HSBC Securities Services has been appointed global custodian to the Local Government Pension Scheme (LGPS) funds for Norfolk, Suffolk and the London Borough of Hackney...
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UK leads European hedge funds


19 May 2014 London
Reporter: Stephen Durham

The majority of European hedge fund managers that have set up business in recent years have been in the UK, according to data from Preqin’s hedge fund analyst...