Client exits from hedge funds fell to a record low after performance bounced back in January, industry data showed on Thursday, as investors were encouraged to stick with their portfolios despite a disappointing and volatile 2011.

The GlobeOp Capital Movement Index, which tracks monthly net subscriptions to and redemptions from hedge funds managing around $173 billion, advanced to 142.6 points, the highest since October 2008.

Gamma Finance has hired Miroslaw Izienicki,former head of thinktank Fifth Capital...

Solvency II, the regulation aimed at establishing a revised set of EU-wide capital requirements and risk management standards that will replace current solvency rules, has as its prime objective the reduction of the impact of future market crises on the insurance industry.  This is sensible and necessary, especially... 

Hedge funds are steering clear of the big bets they are famous for, rattled by worries that the lenders who bankroll their most lucrative plays will soon turn the taps off.

With memories of sudden margin calls at the height of the 2008 crisis still fresh, many managers are scrutinising banking relationships and preparing for the likelihood of tighter, more expensive access to credit as several major banks face up to their own funding troubles...

Almost every pension fund portfolio has one to three per cent invested in illiquid hedge funds, which is an allocation too small to get attention, but too big to ignore, according to Florian de Sigy, CEO and founder of specialist brokerage and advisory firm Gamma Finance...

 Benjamin Keefe of UBS Investment Bank joins Gamma Finance as director...

The private market for trading hedge fund shares might not have returned to a pre-crisis state, with transactions often occurring above NAV. But nor is it any more “distressed sellers selling distressed assets in distressed funds”, which prevailed immediately post-crisis, say intermediaries and advisors Gamma Finance LLP.