Quantitative Investment Management’s flagship $2.6 billion Global Fund dropped 2.32% last month in what the firm describes as a temporary loss “in the face of exogenous events.”

Newedge's AlternativeEdge Short-Term Traders Index finished the month of March down 2.19% (-1.34% YTD) and its CTA Index posted its first negative month since August 2008, dropping 2.41% in March (-2.12% YTD).

Liquid Capital Management has started a range of alternative investment funds focused on managed futures

HSBC Global Asset Management has launched a global currency hedge fund, aiming to exploit market inefficiencies and imbalances.

Harewood Solutions, a part of BNP Paribas, is planning to launch the BNP Paribas COMAC Fund, a long/short commodities fund that provides investors with access to the BNP Paribas COMAC Long Short TR Index.

Hedge funds sharply curtailed their foreign exchange trading last year, amidst big losses and widespread redemptions.

Stamford, Conn.-based Tuttle Wealth Management has launched its TWM Alpha Strategies program, which uses managed futures systems to trade exchange traded funds.

Managed futures slipped by 1.16% in March, bringing their year-to-date losses to 1.59%, according to the Barclay CTA Index.

Two Sigma Investments is planning to launch a CTA hedge fund in the second quarter

Mulvaney Capital Management's Global Markets Fund declined 3.49% in March, wiping out its year-to-date gains and leaving the fund down 1.98% in the first quarter.

London-based Castlestone Management has begun marketing a modern art fund to investors abroad, pitching it as the only art investment vehicle currently available to individuals at the low minimum investment requirement of $10,000 or L10,000. The firm has set up its Collection of Modern Art fund, a mutual fund domiciled in the British Virgin Islands, as an eight-year investment vehicle, for launch at end of May.

Parker Global Strategies has teamed up with BlackTree Investment Partners, a London-based hedge fund founded by former Lehman Brothers executives, to launch a new suite of currency indices. The firms tout the Parker BlackTree Currency Indices as the first of their kind to combine the alpha available from both active currency managers and a diversified portfolio of currency market drivers.

Altis Partners is providing investors with separate accounts in its global commodity portfolio until June 30

Fund of hedge funds manager Gottex Fund Management is ramping up its use of an investment structure that promises greater transparency and protection, after the Swiss group struck problems with some underlying managers last year, and its peers made investments that lost a record 21%.

Alternative asset manager BlueCrest Capital has teamed up with Merrill Lynch to launch a Ucits version of its trend-following Commodity Trading Advisor (CTA) strategy.