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=806330 SWX Europe, the London-based securities exchange has signed 11 companies for its non-displayed liquidity service for Swiss equities, SWX Swiss Block. 24 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=806330 http://www.hedgefundsreview.com/public/showPage.html?page=806329 Instinet Europe (IEL) has successfully completed conformance testing on the Turquoise trading platform. Institutional clients of the company will be able to have immediate access to the multilateral trading facility from its scheduled August launch date. 24 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=806329 http://www.hedgefundsreview.com/public/showPage.html?page=806318 Sovereign wealth funds (SWFs) will provide strong flows into alternative investments and in particular hedge funds as well as private equity funds, according to latest research* by State Street. 24 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=806318 http://www.hedgefundsreview.com/public/showPage.html?page=806171 Noroton Capital launched the Noroton Event Driven Opportunity Master Fund on July 1 with $60 million. The fund will do long/short investing in corporate credits. 23 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=806171 http://www.hedgefundsreview.com/public/showPage.html?page=805867 New Earth Solutions Recycling Facilities Investment Sub-Fund has been launched by New Earth Solutions (NES), the British waste treatment and resource recovery company, and Premier Group, the Isle of Man based investment fund provider. 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805867 http://www.hedgefundsreview.com/public/showPage.html?page=805866 Fund of hedge funds Nedgroup Investments has won a $9 million mandate for its Premium Portfolio Fund from asset management company Attica Vermogensbeheer. The fund, which launched in February 2008, has now raised around $35 million from institutional investors. 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805866 http://www.hedgefundsreview.com/public/showPage.html?page=805865 Newsquest Pension Scheme trustees are investing a total of £40 million in two hedge funds. The investments represent 10% of the market value of the scheme. It is putting £25 million, into Stenham Universal Fund, a diversified multi-strategy fund of hedge funds, and £15 million into Liongate Capital Management’s Multi-Strategy Fund. 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805865 http://www.hedgefundsreview.com/public/showPage.html?page=805863 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805863 http://www.hedgefundsreview.com/public/showPage.html?page=805693 Markit and Depository Trust & Clearing Corp (DTCC) will form a joint venture to provide a single gateway to confirm global over the counter (OTC) derivative transactions. 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805693 http://www.hedgefundsreview.com/public/showPage.html?page=805692 In a dramatic turnaround from past years, fixed income trading volume among US hedge funds was flat to slightly lower from 2007 to 2008, according to the results of Greenwich Associates’ 2008 US Fixed Income Investors study. 22 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805692 http://www.hedgefundsreview.com/public/showPage.html?page=805689 Talisman Global Asset Management and Cambridge Place Investment Management have launched the co-managed Talisman/CPIM European Debt Opportunity Fund, seeded with capital commitments of €50 million. The fund will target a net return of between 12% and 15% and has a closed ended five year life. 21 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805689 http://www.hedgefundsreview.com/public/showPage.html?page=805384 Hedge funds surpassed mutual funds as a source of US equity trading volume in 2007. They now rank second only to traditional asset management in this area, according to a survey by Greenwich Associates. 18 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805384 http://www.hedgefundsreview.com/public/showPage.html?page=805233 Fidelity Capital Markets Services has expanded its liquidity network. It now has access to two trading venues for DarkSweep, an algorithmic trading strategy, and CrossStream, the company’s alternative trading system. 17 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=805233 http://www.hedgefundsreview.com/public/showPage.html?page=804716 FRM Capital Advisors (FCA), formed by global fund of hedge funds group Financial Risk Management (FRM), has launched the FCM Catalyst Fund to provide seed capital to early stage hedge fund managers. 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804716 http://www.hedgefundsreview.com/public/showPage.html?page=804715 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804715 http://www.hedgefundsreview.com/public/showPage.html?page=804714 Standard and Poor’s, the external ratings agency, has confirmed the Isle of Man government has retained its AAA rating. 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804714 http://www.hedgefundsreview.com/public/showPage.html?page=804713 KGR Absolute Return PCC has announced the results of the placing and offer for subscription for C shares. 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804713 http://www.hedgefundsreview.com/public/showPage.html?page=804711 FRM Capital Advisors (FCA), formed by global fund of hedge funds group Financial Risk Management (FRM), has launched the FCM Catalyst Fund to provide seed capital to early stage hedge fund managers. 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804711 http://www.hedgefundsreview.com/public/showPage.html?page=804709 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804709 http://www.hedgefundsreview.com/public/showPage.html?page=804712 IDEAcarbon has signed an agreement with the Multi Commodity Exchange (MCX) of India to co-develop rated carbon instruments for trading on the MCX exchange. 16 Jul 2008 http://www.hedgefundsreview.com/public/showPage.html?page=804712