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Michigan resident fined USD300,000 in sanctions for defrauding clients

Thu, 14/05/2009 - 15:42

The US Commodity Futures Trading Commission has obtained an order against Steven G. »

BNY Mellon awarded administration mandate by Sumitomo Mitsui

Thu, 14/05/2009 - 13:01

The Bank of New York Mellon's alternative investment services business has been selected by Sumitomo Mitsui Asset Management as fund administrator for its new fund of hedge funds, the S »

Hedge funds up 3.2 per cent in April, says Eurekahedge

Thu, 14/05/2009 - 12:54

The composite Eurekahedge Hedge Fund Index rose 3.2 per cent in April, as the underlying markets rallied on the back of slowing economic contraction and better than expected corporate e »

Deutsche Bank to acquire Dresdner's agency securities lending business

Thu, 14/05/2009 - 12:14

Deutsche Bank has signed a definitive agreement to acquire Dresdner Bank's global agency securities lending business from Commerzbank. »

Hedge funds return an average of +4.3 per cent in April

Thu, 14/05/2009 - 09:30

After turning positive for the year in March, aggregate hedge fund performance jumped in April to the highest level in more than nine years, according to »

UMB Fund Services acquires J.D. Clark

Thu, 14/05/2009 - 07:13

UMB Fund Services, a subsidiary of UMB Financial, has signed a definitive agreement to purchase J.D. »

Bank of New York Mellon receives seven awards

Thu, 14/05/2009 - 07:12

The Bank of New York Mellon has received seven awards at the International Custody & Fund Administration Global Awards 2009 held in London. »

SVM UK Absolute Alpha assets reach GBP12m in first month

Thu, 14/05/2009 - 07:08

SVM UK Absolute Alpha has grown to GBP12m since its launch on 7 April 2009 and the unit price is up 3.9 per cent. »

Risk controlled versions of S&P 500 and S&P/ASX 200 indices launched

Thu, 14/05/2009 - 06:53

Standard & Poor's has launched risk controlled versions the S&P 500 and S&P/ASX 200 indices for investors looking to gain exposure to the US and Australian markets while lim »

BVI mutual fund annual returns due by 30 June

Thu, 14/05/2009 - 06:41

All BVI mutual funds, which are recognised or registered under the BVI Mutual Funds Act 1996, must submit a return to the FSC no later than Tuesday 30 June 2009.  »

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