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CFTC charges investment firms in USD85m forex Ponzi scam

CFTC charges investment firms in USD85m forex Ponzi scam

Wed, 10/06/2009 - 12:19

The US Commodity Futures Trading Commission has charged SNC Asset Management, SNC Investments, chief executive officer Peter Son, and chief financial officer Jin K. »

Jubilee Financial Products expresses interest to acquire Keydata

Jubilee Financial Products expresses interest to acquire Keydata

Wed, 10/06/2009 - 10:35

Investment boutique Jubilee Financial Products has approached PricewaterhouseCoopers, administrators for the now insolvent Keydata Investment Services, with an expression of interest to »

GAM launches leveraged class of Trading II fund

GAM launches leveraged class of Trading II fund

Wed, 10/06/2009 - 07:11

Investment management firm GAM has launched GAM Trading II - GBP 1.25XL, a leveraged class of its Trading II fund. »

Deutsche Bank launches two funds

Deutsche Bank launches two funds

Wed, 10/06/2009 - 06:56

Deutsche Bank has launched two funds for investors - the S&P X-Alpha fund and the Zins Strategie Fund (2014). »

Australian hedge funds return over three per cent in May

Australian hedge funds return over three per cent in May

Wed, 10/06/2009 - 06:22

Early results from Australia's absolute return and hedge funds are pointing to returns of over three per cent for May, according to Australian Fund Monitors. »

Lyxor Hedge Fund Index up + 2.16 per cent in May

Lyxor Hedge Fund Index up + 2.16 per cent in May

Tue, 09/06/2009 - 15:45

The Lyxor Hedge Fund Index was up +2.16 per cent in May, taking year-to-date performance up +2.13 per cent as of 29 May. »

Energy sector drives double digit returns in major indices

Energy sector drives double digit returns in major indices

Tue, 09/06/2009 - 15:19

May marked a turning point for commodities as significant gains in the energy sector drove double digit returns in major indices, pushing the sector into positive territory for the year »

OECD adds Bermuda to "white list"

OECD adds Bermuda to "white list"

Tue, 09/06/2009 - 15:15

Following Bermuda's signing of its 12th Tax Information Exchange Agreement with the Netherlands, the OECD has updated its progress report to include Bermuda with other jurisdictions tha »

Morgan Stanley Fund Services launches Stratum

Morgan Stanley Fund Services launches Stratum

Tue, 09/06/2009 - 13:21

Morgan Stanley Fund Services, a provider of independent fund administration services, has launched an investor reporting platform in response to the growing demands for additional fund »

Credit Suisse/Tremont index to finish up 3.61 per cent in May

Credit Suisse/Tremont index to finish up 3.61 per cent in May

Tue, 09/06/2009 - 11:20

Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up 3.61 per cent in May. »

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