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Alasdair Haynes, chief executive of Chi-X Europe

Chi-X Europe starts trading international depositary receipts

Chi-X Europe, the pan-European stock exchange, has started trading international depositary receipts. »

Nigel Strachan, head of business development, Kleinwort Benson Jersey

Jersey funds head sees opportunities for mezzanine rebound

Nigel Strachan (pictured), head of business development at Kleinwort Benson’s corporate services business in Jersey and the new chairman of the Jersey Funds Association, sees new opportunities for mezzanine finance to pick up the slack where leverage from traditional sources is thin on the ground. »

Asia Pacific

ABN Amro Clearing relocates senior manager to Asia Pacific

ABN Amro Clearing is relocating Chris Lee, global head of market access and brokerage, from London to Hong Kong. »

Trophy

Credit Suisse and UBS named share leaders in European equity trading

Credit Suisse and UBS have been named the 2010 Greenwich share leaders in European equity trading, with each firm boasting a market share in excess of 11 per cent of overall institutional trading volume in European stocks. »

Man with binoculars

UCITS attracting hedge fund managers looking for institutional investors

With recent reports and individual commentators suggesting that US pension fund allocations into alternative investment vehicles will rise from their current three pe »

Henning von Issendorff, Tungsten Capital Management

Fund Spotlight: Tungsten-PRO ART ERV UCITS-III Fund

This week’s spotlight is on Frankfurt-based Tungsten Capital Management and their market neutral absolute return PRO ART ERV Fund. »

Julie Bouhuys, Founder and CEO of Concerto

Concerto AM wins EUR60 million mandate from Goodhart Partners

US corporate credit manager, Concerto Asset Management, has won a EUR60 million credit alpha absolute return mandate from London-based multi-manager boutique, Goodhart Partners. »

Tim Gardner, Global Head of Sales, Signet

Signet launches global multi-strategy fund of funds

Signet, the London and Swiss-based fund of hedge funds management and advisory group, is preparing to launch the Signe »

Up arrow

UCITS funds make slight gains in August, Macro on top

August results show that global hedge funds, using Hedge Fund Research’s HFRX UCITS III-compliant index, made modest gains of +0.17 per cent, bringing them to +0.18 per cent YTD. »

Shaun Lynn, president, BGC Partners

BGC Partners trades fully electronic Euro interest rate swaps

BGC Partners, an intermediary to the wholesale financial markets, has completed its first fully electronic Euro interest rate swap transactions over its hybrid voice and electronic execution platform, BGC Trader IRS, which went live on 1 September. »

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Hedge funds see negative returns in August

Returns for the Credit Suisse Liquid Alternative Beta Index suggest that hedge funds were negatively impacted by broad market sell-offs in August, although certain sectors showed resilience amid the increased market volatility. »

Handshake

KPMG hires associate partner to lead asset management valuation team

KPMG has appointed James Dimech DeBono as an associate partner in its financial risk management practice. »

David Gray, UBS, Head of Prime Brokerage, Asia Pacific

UBS adds five to prime brokerage division

The APAC prime brokerage division of Swiss banking giant, UBS, has been a hive of activity of late, with five new executi »

Lee Porter, Head of Liquidnet Asia-Pacific

Liquidnet’s Porter anticipates Asian regulatory convergence

New York headquartered Liquidnet, the alternative trading platform that enables buy-side institutions to effectively execute large equity orders en bloc, is busy making inroads into the Asia »

Hong Kong

Asia Head Chan leaves Fortis Prime Fund Solutions

Edith Chan, Managing Director for Asian Operations at Fortis Prime Fund Solutions »

Giselle Lee, ED and Head of Sales for Korea, Man Investments Hong Kong

Korean Teachers’ Credit Union chooses Man as hedge fund adviser

Man Investments announced this week that it has been chosen by the Korean Teachers’ Credit Union (KTCU) »

Great Wall of China

E Fund Management to launch China’s first officially registered hedge fund

China’s second-largest asset management firm, E Fund Management, is preparing to launch the mainland’s inaugu »

Computers

Crescent Financial Partners acquires stake in IT Trading’s software

Crescent Financial Partners has purchased a minority stake in IT Trading’s proprietary quantitative trading software for USD3.2m. »

Email sign

BGC appoints regional head of e-commerce for Asia Pacific

BGC Partners, an intermediary to the wholesale financial markets, has appointed Vanessa Ko as director, regional head of e-commerce for Asia Pacific. »

Lawsuit

Alternative Decisions launches legal alerts for alternative community

Alternative Decisions has launched a legal alerts service for the alternative investment industry using Linex Systems technology. »