RBC Hedge 250 Index returned -0.47 per cent in June 2006

The RBC Hedge 250 Index® had a net return of -0.47 per cent in June bringing the year-to-date return of the Index to 4.96 per cent. »

Positive comments from Ben Bernanke boosted equity markets

In his semi annual "Humphrey Hawkins testimony" Bernanke's outlook boosted  equity markets as investors warmed to the idea that Federal reserves  series of interest rate rise ma »

Morningstar to acquire InvestorForce's institutional hedge fund and separate account database division

Morningstar, Inc has entered into an agreement to acquire the institutional hedge fund and separate account database division of InvestorForce, Inc. »

SunGard integrates main European operations centres

SunGard has consolidated its offices in London, Paris, Frankfurt and Zurich, Europe's largest financial centres. »

Reuters and CME announce first participants in FXMarketSpace

Reuters and CME have announced the first group of financial institutions that will participate in their joint venture FXMarketSpace Early Adopter Program. »

O'Carroll joins MLIM product development team

Merrill Lynch Investment Managers (MLIM) has appointed Eilín O'Carroll to its Product Development Team overseeing the launch of new funds and services.  »

Wall Street posted a gain of some 50 points last night as investors focused on earnings and talk of potential package of diplomatic measures

Crude Oil prices retreated in the session and the market took a higher than expected PPI number in its stride . »

Commerzbank AIS and CML end advisory agreement

Commerzbank Capital Markets Corporation and CML have mutually agreed to terminate the Sub Advisory Agreement whereby CML, via Philippe Bonnefoy, provided investment advice to Commerzbank's »

First State Investments closes resources fund to new business

The First State Investments Global Resources Long Short Fund Limited was soft closed to new business at the end of June 2006. »

INDEXCHANGE receives licence for ETF tracking the Nikkei 225

INDEXCHANGE has received a licence for an ETF on the Nikkei 225 and will be the first such provider outside Japan. »

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