Ex-UBS bankers to launch hedge fund in January

The fund aims to raise 100 million euros and generate 15 percent annual gains through investments in stocks, bonds and other securities, Constanty and Baetz told Reuters.


DeVere gears up for global expansion

Global advice firm deVere announced plans to expand further around the world, claiming it will see a 25 per cent growth in business next year.


Man Group to acquire fund of hedge funds portfolio

The Acquisition is expected to complete in the second quarter of 2015, subject to certain approvals and consents, including approval of the board of managers and investors of a US registered investment company.


Credit Suisse to shrink prime brokerage

Credit Suisse plans to shrink its unit serving hedge funds amid pressure from investors to reduce the leverage of its investment banking division.


Microgen Acquires Jersey-Based Software firm

"This acquisition provides the Financial Systems business with an increased client and recurring revenue base in one of its core sectors together with an office in Jersey, a key geographical market for its products," the company said in a statem


Credit Suisse to open new Brazil hedge fund next year

Credit Suisse Group AG (CSGN.VX) plans to open a new hedge fund in Brazil called Gauss next year, a move aimed at offering new investment alternatives for clients, a senior executive said on Wednesday.