All news

NuWave appoints Craig Weynand as chief operating officer

Tue, 16/03/2010 - 16:06

NuWave Investment Management, an alternative investment manager, has appointed Craig Weynand as chief operating officer, responsible for overseeing all aspects of the firm's day-to-day business operations. »

North Carolina firm charged with operating foreign currency Ponzi scheme

Tue, 16/03/2010 - 15:11

The US Commodity Futures Trading Commission has charged Dennis Todd Hagemann and Yellowstone Partners, both of Raleigh, North Carolina, with operating a Ponzi scheme involving the fraudulent solicitation of at least USD700,000 from at least nine individuals to trade foreign currency futures managed accounts and/or a pooled investment. »

Investors predict inflows of USD222bn into hedge funds this year

Tue, 16/03/2010 - 14:57

Investors predict inflows of USD222bn into hedge funds this year, which would increase the total amount of hedge fund assets under management to approximately USD1.722trn by 2011, according to Deutsche Bank’s eighth annual Alternative Investment Survey. »

Credit Suisse/Tremont Hedge Fund Index up 0.68 per cent in February

Tue, 16/03/2010 - 14:34

Final performance for the Credit Suisse/Tremont Hedge Fund Index has been confirmed up 0.68 per cent in February with seven out of ten sectors posting positive performance for the month. »

Hedge fund strategies’ performance retreats in February

Tue, 16/03/2010 - 13:13

All hedge fund strategies except managed futures finished February in negative territory (-0.29 per cent), according to the Lipper Hedge Fund Composite Index. »

Olivetree Securities adds Steve Wood to board

Tue, 16/03/2010 - 12:03

Olivetree Securities, the UK based equities broker, has appointed Steve Wood as a non-executive director to its board. »

ASIC cancels City Pacific's Australian financial services licence

Tue, 16/03/2010 - 11:23

The Australian Securities and Investments Commission has cancelled the Australian Financial Services Licence held by City Pacific. »

Bahamas signs 11th tax information exchange agreement

Tue, 16/03/2010 - 10:58

The Bahamas has signed its 11th tax information exchange agreement and has initialled nine additional agreements in advance of the G20 31 March deadline to meet the internationally agreed tax standard. »

Regulatory approval for Eurex in Quebec

Tue, 16/03/2010 - 10:31

Eurex, the international derivatives exchange, has received regulatory exemption from the Autorité des marchés financiers in Québec to offer its full suite of products in the province of Québec, Canada. »

SmartPool launches dark trading liquidity discovery tool

Tue, 16/03/2010 - 06:00

SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, is launching a service designed to help traders and other market users access, interpret and navigate the post trade data published by European dark trading venues. »

Asian credit opportunity for hedge funds

Mon, 15/03/2010 - 13:37

Following a very strong performance in 2009, the Asian credit market continues to offer significant opportunities for investors across the spectrum. »

Tighter regulation needed to protect Ucits brand

Mon, 15/03/2010 - 12:07

The increasing number of Ucits hedge funds launched in Europe means that tighter regulation is needed both to protect retail investors and the Ucits brand, a paper by PricewaterhouseCoopers says. »

Hedge funds 'should explore Asia's attractive opportunities'

Mon, 15/03/2010 - 11:40

There are still plenty of attractive opportunities in the Asian markets that warrant hedge funds' attention, it is believed. »

Wen Jiabao: Renminbi is not undervalued

Mon, 15/03/2010 - 11:40

China has rejected claims that the renminbi is currently undervalued, hedge funds looking at the country may be interested to discover. »

Campbell’s chief investment officer resigns

Mon, 15/03/2010 - 10:30

Campbell’s chief investment officer Kevin Heerdt is leaving the firm to pursue other interests. »

Newedge VTI down 2.01 per cent in February

Mon, 15/03/2010 - 06:57

The Newedge Volatility Trading Index fell by an estimated 2.01 per cent in February 2010. »

Court issues injunction against Virginia resident in forex fraud scheme

Mon, 15/03/2010 - 05:55

The US Commodity Futures Trading Commission has obtained a preliminary injunction against defendant Ronald W. Smith, Jr., doing business as Safeguard 3030 Investment Club, of Vansant, Virginia, after a federal court held at hearing where the defendant also appeared. »