The joint venture between CLS Group and Traiana, an Icap company, to provide trade aggregation services to participants active in the over-the-counter FX market has gone live. »

A group of investment funds has filed a lawsuit against Porsche Automobil Holding and two of Porsche's former executives, Wendelin Wiedeking and Holger Haerter, seeking to recover over USD1bn in losses suffered as Porsche attempted a takeover of Volkswagen in 2008. »

Asset Management Finance, an investment firm focused on the global asset and wealth management sectors, completed four new investments in December totalling approximately USD200m in invested capital. »

The Austrian Government intends to hold its third EU allowance auction on 23 March for 300,000 EUAs, within the EU Emissions Trading Scheme, on the Climex Platform. »

Australian hedge funds rose by 1.11 per cent in December taking their return for the year to 17.41 per cent, according to Australian Fund Monitors. »

After a positive third quarter managed futures managers erased their previous month’s strong result, ending December in negative territory, according to a report by Lipper Tass. »

In the wake of the investment scandals, market dislocations and regulatory scrutiny of the past year, transparency and liquidity risk have surpassed poor performance as the top concerns for institutional investors investing in hedge funds, according to a survey from SEI in collaboration with Greenwich Associates. »

Total volume in NYSE Liffe’s AEX-index daily and weekly options has now passed 20 million contracts. »

The Morningstar 1000 Hedge Fund Index gained only 0.1 per cent in December, but ended the year up 19.5 per cent, missing 2003’s 20.3 per cent rise by a small margin. »

Petra Joucken has joined Fund Channel as head of management company relations. »