Fortress Investment Group made a GAAP net loss of USD190m for the quarter ended 30 September 2009. »

The Blackstone Group made a GAAP net loss of USD176m for the third quarter of 2009, compared to a GAAP net loss of USD340m for the third quarter of 2008. »

Hedge funds consolidated their upward trend in September as the Credit Suisse/Tremont Broad Hedge Fund Index returned a solid 3.04 per cent for a seventh consecutive month of positive returns, according to a report from Lipper. »

The Chartered Alternative Investment Analyst Association, an independent, not-for-profit international organisation, has launched CAIA Hong Kong, its tenth global chapter. »

Credit default swap markets moved modestly wider over the past month, as tightening momentum over the previous six months began to dissipate, according to GFI Group. »

Arendt & Medernach, the largest law firm in Luxembourg, has opened a new office in Hong Kong following similar expansions in Brussels, New York, London and Dubai. »

Preet Bharara, the US Attorney for the Southern District of New York, has made charges against 14 Wall Street professionals and attorneys arising out of their ongoing investigation of insider trading at hedge funds and stock trading firms. »

NYSE Euronext says trading volumes for its global cash equities and derivatives exchanges in October 2009 were mostly lower compared to October 2008 levels, during which crisis-level volatility drove record trading volumes.  »

US-listed asset manager GLG Partners made a GAAP net loss attributable to common stockholders of USD99m for the quarter ended 30 September 2009 and a net loss of USD243.7m for the first nine months of fiscal 2009. »

MF Global, an intermediary offering customised solutions in global cash, derivatives and related markets, made a GAAP net loss of USD16.0m or USD0.13 per basic and diluted share in the quarter ended 30 September 2009. »