Hedge Funds and CTAs

Lombard Odier Investment Managers has named a Bank of America Merrill Lynch veteran to manage the healthcare strategy for its flagship hedge fund.

AXA Investment Managers has launched what it calls the first fund of "black swan" hedge funds.

A former Goldman Sachs trader has launched a series of small-cap hedge funds.

Another British politician is facing scrutiny over his ties with a friend of a former British defense minister with ties to the founder of hedge fund CQS.

RWC Partners is transforming its British hedge fund into a UCITS III-compliant product.

F&C Asset Management announced it would triple its cost cuts as it seeks to escape from a huge debt burden, stemming in part from its acquisition last year of hedge fund Thames River Capital.

Northern Trust Corp. has created an new alternative investments business and named its private equity chief to lead it.

Bank of America Merrill Lynch has snagged a JPMorgan Chase prime brokerage executive to head its own foreign exchange effort for hedge funds.

Despite the difficulties faced by hedge funds in recent months, investors have stuck by them, even adding cash at a time when returns are suffering.

Affiliated Managers Group continued its strong run in the third quarter, posting another double-digit increase in profit as its portfolio companies continued to take in new money.