Northern Trust Hedge Fund Services announces cash projection service... [more]Komfie Manalo, Opalesque Asia: To help alternative investment managers better manage their liquidity and cash flow, Northern Trust Hedge Fund Services has announced that it has enhanced its suite of treasury services with the addition of a proprietary Cash Projection service. The service provides
John Hancock and Standard Life launch third alternative multi-asset fund... [more]From Dailyalts.com: John Hancock Investments has already had ample success with sub-advisor Standard Life Investments. The Edinburgh, Scotland-based SLI is the sub-advisor of the John Hancock Global Absolute Return Strategy Fund which had the most asset inflows of any multi-alternative fund for the
Ex-Merrill's Wittlin to shut WCG macro hedge fund after nine years... [more]From Bloomberg.com: Barry Wittlin, a former top proprietary trader at Merrill Lynch & Co. who manages money for billionaire Alan Howard’s hedge fund, is closing his firm after almost a decade. Wittlin said he will liquidate assets in his hedge fund and return money to clients of his WCG Management b
Commodity hedge funds outshine other hedge funds... [more]From Moneycontrol.com: The commodities market has a very positive sentiment now and the commodity hedge funds are doing better than other hedge funds. Commodities hedge funds have given negative returns for the past three years.
But according to Peter Laurelli, vice-president, research, eVest
Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog... [more]From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n