All news

Rick McVey, Chairman and CEO of MarketAxess

MarketAxess releases first year-end review of corporate bond market

Fri, 03/02/2012 - 17:00
MarketAxess has released its first year-end review of trading activity in the US corporate bond market for 2011. The analysis was conducted by MarketAxess Research. »

Jonathan Punter, Chief Executive, Punter Southall Group

Punter Southall Group takes full ownership of PSigma Asset Management

Fri, 03/02/2012 - 16:37
Punter Southall Group has taken 100 per cent ownership of fund management boutique PSigma Asset Management. »

Apollo launch

Ader Investment Management launches hedge fund business accelerator

Fri, 03/02/2012 - 16:34
Ader Investment Management (AIM) has launched Accelerator Fund Partners LP, a funding platform for hedge funds looking to boost assets under management and enhance their distribution into family offices and fund of funds. »

Green up arrow

CBOE Futures Exchange sees busiest January ever

Fri, 03/02/2012 - 16:00
Trading volume during at the CBOE Futures Exchange (CFE) during January 2012 totalled 811,283 contracts, an increase of four per cent from the 778,157 contracts traded in January 2011. This was the busiest January in CFE history and it ranks as the tenth most-active trading month ever at the exchange.  »

Jeremy Alun-Jones, Group Managing Director, Stenham

Stenham hires new head of risk

Fri, 03/02/2012 - 14:00
Stenham Asset Management has appointed Pablo Balan as Head of Risk Management and Quantitative Research. »

Inès de Dinechin, Chief Executive Officer, Lyxor Asset Management.

Ines de Dinechin appointed CEO of Lyxor Asset Management

Fri, 03/02/2012 - 13:00
Societe Generale Corporate & Investment Banking has appointed Inès de Dinechin as Chief Executive Officer of Lyxor Asset Management. She replaces Laurent Seyer who will leave Societe Generale group to pursue other opportunities. This appointment will be effective as of the end of March 2012. »

Matt Schiffman, Head of Global Marketing for Legg Mason.

Legg Mason launches fixed income fund of hedge funds

Fri, 03/02/2012 - 12:00
Legg Mason Global Asset Management has launched Permal Hedge Strategies Fund, a fixed income focused multi-manager, multi strategy fund of hedge funds. »

J Alan Reid, Jr, CEO of Forward

Forward launches new growth fund with long/short equity strategy focused on disruptive technologies

Fri, 03/02/2012 - 11:31
Forward Management has launched the Forward Endurance Fund (FENIX), an equity mutual fund that seeks growth and positive absolute returns by investing both long and short in companies affected by disruptive technologies.  »

Two fingers

Alter Domus appoints two new directors to Jersey office

Fri, 03/02/2012 - 10:31
Alter Domus has appointed two new Directors, Davinia Smith and Spencer Wells, to its Jersey office. »

Japan flag

SMBC Nikko Securities market share in Japanese government bond trading up to 7.8 per cent, says Greenwich Associates

Fri, 03/02/2012 - 10:00
SMBC Nikko Securities is quickly emerging as a powerhouse in Japanese fixed-income trading, according to the results of Greenwich Associates 2011 Japanese Fixed-Income Investors Study. »

Blue information sign

NYSE Euronext and Deutsche Borse terminate merger agreement

Fri, 03/02/2012 - 09:48
NYSE Euronext and Deutsche Borse have both agreed to a mutual termination of the business combination agreement originally signed by the companies on 15 February, 2011. »

Ivan Glasenberg, CEO, Glencore

Xstrata and Glencore in merger discussions

Fri, 03/02/2012 - 06:00
The global mining giant Xstrata plc has confirmed that it has received an approach from and is in discussions with commodities giant Glencore International plc regarding an all share merger of equals “which may or may not lead to an offer being made by Glencore for Xstrata.” A combined group could be valued at about USD82 billion. »

Prakash Mehta, co-head of investment funds and private equity practice group worldwide, Akin Gump

Akin Gump to expand London funds practice with two partner hires

Fri, 03/02/2012 - 06:00
International law firm Akin Gump Strauss Hauer & Feld LLP is to add two partners to its London funds practice. Tim Pearce and Ian Meade will join the firm from Simmons & Simmons. »

Cyril Delamere, CEO, ML Capital

ML Capital to launch two new UCITS funds on the MontLake Platform

Thu, 02/02/2012 - 20:20
ML Capital will be launching two new UCITs funds this quarter on the MontLake Platform. As well as the the launch of the Goldwinds Global Macro UCITS Fund on 13 February – as previously reported in a Hedgeweek exclusive on 29 January – ML Capital is also due to launch the RP Systematic Emerging Market UCITS Fund on 1 March.  »

Technology outsourcing for hedge funds

Technology outsourcing for hedge funds

Thu, 02/02/2012 - 20:09
Hedge funds are leveraging outsourcing in diverse ways to expand offerings and enhance productivity. As technology becomes a strategically important differentiator for hedge funds, outsourcing enables managers to develop a reliable, scalable infrastructure while focusing on their core money management competencies. »

Jan-Michiel Hessels, Chairman, NYSE Euronext

NYSE Euronext to focus on ’standalone strategy’

Thu, 02/02/2012 - 16:00
NYSE Euronext announced today that in light of the decision by the European Commission to prohibit its proposed combination with Deutsche Boerse, the companies are in discussions to terminate their merger agreement.  »

Two fingers

Silk Road Management launches two debut Iraqi equity indices

Thu, 02/02/2012 - 14:22
Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in London, Toronto and Oslo. »

Flat graph

Average daily volume of 8.2 million contracts at Eurex Group in January

Thu, 02/02/2012 - 14:00
In January 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.2 million contracts (Jan 2011: 10.4 million). »

Tom Brown, HedgeMark

Arden Asset Management selects HedgeMark for holdings-based risk analytics and managed account services

Thu, 02/02/2012 - 12:27
Independent fund of hedge funds manager Arden Asset Management, has selected HedgeMark Risk Analytics LLC, a division of HedgeMark International LLC, to provide position level risk reporting and data aggregation. Arden made its decision following an extensive review of industry risk specialists. »

Jan Booij. chief executive officer, EMCF

EMCF introduces lowest clearing rates in the world

Thu, 02/02/2012 - 12:00
European Multilateral Clearing Facility (EMCF), Europe’s largest cash equity CCP, is offering the lowest clearing price available in Europe. Participants clearing more than 2 million trades per day will be charged EUR0.001 per trade for all of their business. The new fee equates to a lower rate than the clearing and netting fee for the same amount of business in the US or anywhere else in the world.  »

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