Macquarie

Despite staging a comeback in many portfolios, as low yields elsewhere fuel the need for returns, hedge funds still face demands for trust, transparency and track records.

A troika of appointments have been announced at Macquarie Investment Management, London based European Wealth, and MSCI.

The Indian tax department has moved to reassure foreign institutional investors (FII), following the news that Macquarie's Asia Alpha Fund has exited all short positions in Indian stock futures in response to proposed tax regulations.