Barred

CFTC seeks to revoke registrations of Victor E Cilli and Progressive Investment Funds

The US Commodity Futures Trading Commission has filed a notice of intent to revoke the registrations of Victor E Cilli and Progressive Investment Funds (PIF). »


Computer screen

Torstone’s Inferno is sole back office system at Daiwa Capital Markets Europe

Torstone Technology has secured a new contract for the provision of Inferno for post-trade securities processing and trade accounting at London-based Daiwa Capital Markets Europe. »


Judy Posnikoff, a founding partner at independent alternative investment firm PAAMCO

100 Women in Hedge Funds and CAIA award 2012 CAIA scholarships

100 Women in Hedge Funds (100WHF), Pacific Alternative Asset Management Company (PAAMCO) and the Chartered Alternative Investment Analyst (CAIA) Foundation have announced the 10 recipients of the second annual 100WHF/CAIA scholarships. »


Dollars

Altana Wealth launches hard currency fund distribution share class

Altana Wealth, the investment management group launched by hedge fund manager Lee Robinson, has launched a distribution share class for the Altana Hard Currency Fund (AHCF). »


Wind farm

EEX to launch day futures for energy market

The Exchange Council of the European Energy Exchange (EEX) has paved the way for the launch of new day futures for the energy market. »


Volatility

Plenum Investments launches volatility product under the Pulsar product line

Plenum Investment’s volatility-linked strategies are now available through a delta one certificate on the Pulsar Absolute Protect EUR TR Index. »


Kathleen Casey, chairman, AIMA

AIMA names former SEC commissioner Casey as new chairman

The Alternative Investment Management Association has appointed a new non-executive chairman, Kathleen Casey, the former Securities and Exchange Commissioner and SEC representative to the International Organization of Securities Commissions (IOSCO) and the Financial Stability Board (FSB). »


Numbers and magnifying glass

SS&C GlobeOp Forward Redemption Indicator at 3.76 per cent for September

The SS&C GlobeOp Forward Redemption Indicator for September 2012 measured 3.76 per cent, up from 3.34 per cent in August. »


Leonhard Fischer, chief executive officer of Kleinwort Benson Group and RHJ International

Kleinwort Benson and Deutsche Bank agree deal for proposed acquisition of BHF-BANK

Kleinwort Benson Group (KBG), the wholly owned subsidiary of financial services group RHJ International (RHJI), has reached agreement with Deutsche Bank to acquire BHF-BANK, a German private bank. »


Bernard Madoff

Second interim distribution to Madoff claims holders totals USD2.5bn

Irving H Picard, SIPA trustee for the liquidation of Bernard L Madoff Investment Securities, has announced that cheques for the second pro rata interim distribution of recovered monies from the BLMIS Customer Fund to eligible customers were mailed on 19 September. »


Upcoming events

5 days 5 hours from now - London
5 days 5 hours from now - Cartegena
5 days 5 hours from now - London
6 days 5 hours from now - Arizona
6 days 5 hours from now - Shanghai

Upcoming training