Weekly Asia News (Friday)

Weekly Asia News (Friday)
Oil Field

Oil-focused Redwell hedge fund starts trading distillates

Singaporean oil-focused hedge fund, RedWell Fund SPC, has turned its attention to the distillates market reported the Business Times this week and begun tradin »


Japanese flag

‘Asia’s only home-grown prime broker’ populated by ex-Lehman’s brokers

Nomura Asia Holding, the Asian arm of the Japanese bank’s global prime brokerage division, is finally ready to laun »


Tim McCarthy, chairman and chief executive, Nikko AM

Nikko AM to acquire DBS Asset Management

Nikko Asset Management has reached an agreement with DBS Bank to acquire DBS Asset Management. »


Middle East

Middle East and emerging Asia lead hedge fund gains

Hedge funds investing in the emerging markets of Russia, Latin America, emerging Asia and the Middle East have produced the strongest year-to-date gains across the hedge fund industry, according to the latest data from Hedge Fund Research. »


StormHarbour Partners LP adds Tokyo broker-dealer to business

StormHarbour Partners LP adds Tokyo broker-dealer to business

Boutique brokerage firm, StormHarbour Partners LP, established in March 2009 by Antonio Cacorino (pictured) and Fredrick Chapey, has opened an of »


Hong Kong

Ex-Deutsche Bank’s Gregory Park to open hybrid Asia hedge fund

Former head of securitized products at Deutsche Bank AG, Gregory Park, is to launch a hedge fund in Hong Kong to tap into the region’s burgeoning consumer-driven demand. »


Liquidnet extends global reach by adding Malaysia traded securities

Liquidnet extends global reach by adding Malaysia traded securities

New York-headquartered Liquidnet, the off-exchange liquidity platform that provides institutional buy-side traders with secure and anonymous block trading of equities, has extended its globa »


Asian hedge funds being started by more experienced managers

Asian hedge funds being started by more experienced managers

2010 has seen a wave of hedge fund startups spring up in Asia. And as the size of the region’s alternatives industry deepens, so the level of manager expertise seems to be. »


Antonio Cacorino, a managing principal of StormHarbour Partners

StormHarbour launches Japanese broker-dealer

StormHarbour Partners, a markets and financial advisory firm, has launched a broker-dealer in Tokyo, established through the integration of NSH Securities into StormHarbour Partners. »


Christophe Lee, Chairman, AIMA Hong Kong and China

AIMA launches Chinese translation of Roadmap to Hedge Funds

The Alternative Investment Management Association (AIMA), has launched a Chi »


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