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A global money manager has struck a deal with a small Bermuda firm to distribute its investment products on the Island. BNY Mellon Investment Management EMEA Ltd, which describes itself as the world’s largest world’s largest multi-boutique asset mana...

NEW YORK (Bloomberg) — Meredith Whitney won an early victory in her battle to save her hedge fund as a judge said investor payments can resume while billionaire Michael Platt seeks to recoup his stake. Platt’s BlueCrest Capital Opportunities Ltd, the...

NEW YORK (Bloomberg) — The biggest investor in Meredith Whitney’s hedge fund moved a lawsuit seeking to recoup its $46 million stake to New York from Bermuda, where it was originally filed last year. BlueCrest Capital Opportunities Ltd, a fund connec...

A worldwide organisation for women working for hedge funds is aiming to set up a Bermuda branch. The Bermuda Business Development Association (BDA) said that the New York-based 100 Women in Hedge Funds (100WHF) chief executive officer Amanda Pullinge...

A Bermudian fund manager in London has been tipped as a rising star by one of the UK’s biggest newspapers. James Thomson was one of a handful of fund managers singled out by the Daily Mail as a “City superhero” set to “turbo charge” clients’ investme...

A US hedge fund manager is being sued in a $46 million Bermuda court case by a billionaire investor. Meredith Whitney, who is married to Bermuda resident ex-WWE wrestler and TV pundit John Layfield, has been taken to court by billionaire Michael Plat...

The agency set up to drum up new business for Bermuda is to target London. Bermuda Business Development Agency (BDA) CEO Ross Webber said legal firms and top financial services figures would be invited to a special think-tank next March. Mr Webber ad...

The potential for growth in Bermuda’s international business from the asset management sector is “huge”, according to industry expert Jessel Mendes. Mr Mendes, a partner with global professional services firm EY, said the foundations for expansion ha...

Hedge fund managers have cyber security fears and are facing increasing demand from investors for customised services. Those are among the findings of a report on the global industry by EY, entitled “Shifting Strategies: Winning investor assets in a ...

Apex Fund Services founder Peter Hughes has stepped down as chief executive officer after running the company for ten years. Apex today named Bill Salus as the new man at the helm, with immediate effect, while Mr Hughes will become chairman. From its...