Tuesday, 2 September 2014
Last updated 20 min ago
Nov 15 2010 | 4:17am ET
Another London hedge fund firm has opened an office in Switzerland.
Culross Global Management has established a base in Zug. But the US$600 million fund of hedge funds shop said the move was motivated less by British taxes and more by business sense.
“Most of our clients are in the German-speaking part of Switzerland,” founder Nigel Blanshard told the Financial News. “Zürich is the natural location and I preferred Zug,” about 10 miles south of Zürich.
Blanshard said the firm, which has 11 employees, would hire new staff for the Zug office and would consider relocating some of its London staffers to the new digs. Blanshard himself divides his time between the two jurisdictions.
Culross follows some of London’s biggest hedge funds, including BlueCrest Capital Management and Brevan Howard Asset Management, in establishing Swiss bases. Moore Capital Management has also set up a Swiss office, in Zürich.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...