Deutsche Bank hires Grenfell from Macquarie as head of commodities for Asia

Deutsche Bank has appointed Simon Grenfell, previously an executive director and global co-head of the commodity markets division at Macquarie Bank in London, as a managing director and he »

Indian markets unlikely to be rocked by market turmoil, says Hudson Fairfax

India's economy remains a good bet for international investors, with buoyant domestic demand and strong fundamentals, in spite of the fallout from the turmoil in US, European and Asian mar »

Imarex hires King for tanker derivatives desk

Imarex, the operator of the International Maritime Exchange, an authorised and regulated marketplace for trading and clearing of maritime derivatives contracts, has recruited Justin King f »

Hedge funds profit from sub-prime collapse, says Hennessee

Hennessee Group, an adviser to hedge fund investors and index provider, says that while some hedge funds focused on mortgage-backed securities have suffered well-publicised losses due to t »

Investors' upbeat mood defies market misery, says State Street

Confidence among institutional investors across the world rose by 13 points to a level of 99.3 this month, in sharp contrast to the turmoil in the world's financial markets, according to t »

CP Eaton Partners expands team with three new professionals

Daniel J Vene, Jeffrey J Eaton and Thomas L Knechtel have joined independent global placement agent CP Eaton Partners at its headquarters in Connecticut to help the firm expand its alterna »

Franklin Templeton Investments launches three new Sicav funds

Franklin Templeton Investments, one of the world's largest asset managers with more than USD621bn in assets under management, has launched three new Sicav funds within its Luxembourg-domic »

Relief for Cayman fund industry as Hurricane Dean veers south

The booming alternative funds industry, along with the rest of the population of the Cayman Islands, breathed a sigh of relief on Monday after Hurricane Dean veered southward, skirting the »

Equity Fund Services opens Cayman fund administration business

Equity Fund Services, the fund administration division of the Equity Trust group, has opened an office in the Cayman Islands offering a full range of fund administration services. »

Songsmith captures the anguish of troubled traders

With a tune hauntingly familiar to devotees of the late, great Tammy Wynette, singer Merle Hazard has laid down a musical backdrop to the star-crossed summer of '07, extending the themes of country mu »

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