Stack of money

Year-end bonuses to climb by five per cent, report suggests

Although average 2010 base salaries for investment professionals and traders were essentially flat from 2009 levels, year-end bonuses are expected to climb five per cent on average, according to a report by Glocap Search and Hedge Fund Research. »


Barry McGrath, Maples and Calder

Maples strengthens share of Irish funds market

Law firm Maples and Calder says it has increased its market share in the investment funds arena in Ireland over the past two years. »


Trophy

BNY Mellon number one fund administrator in Ireland for third year

BNY Mellon, a provider of asset management and securities servicing, has maintained its position as the number one fund administrator in Ireland with assets under administration totalling USD270.4bn across 498 funds, according to Lipper's 2010 Ireland Fund Encyclopaedia. »


Nordic flags

SEB appoints head of futures sales and marketing

Nordic financial services group SEB Enskilda has appointed Lawrence Peirson as head of futures sales and marketing. »


Fund administration

Wells Fargo launches fund services product line

Wells Fargo Bank has launched a fund services product line within its corporate trust services business to address customers' fund administration needs. »


Numbers

Enhanced parameter estimates can improve hedge fund portfolios, says Edhec

The use of these enhanced parameter estimates generates a significant improvement for investors in hedge funds, according to a study by Lionel Martellini, scientific director of Edhec-Risk Institute, with Giovanni Zambruno and Asmerilda Hitaj of the University of Milano – Bicocca. »


Chew Sutat, head of securities at Singapore Exchange

Singapore Exchange ADR volume reaches USD60m

Singapore Exchange says trading of American depositary receipts quoted on its GlobalQuote board has reached USD60m since the 22 October launch. »


Peter Clarke, chief executive, Man Group

Man’s funds under management rise five per cent

Man Group’s funds under management for the six month period to 30 September 2010 totalled USD40.5bn. »


Robin Duxfield, chief executive of Altis Partners (Asia)

Altis Partners opens Hong Kong office

Altis Partners, an independent commodity trading adviser, has opened its Hong Kong office, Altis Partners (Asia). »


Richard C. Patton, Courage founder and chief investment officer

Courage Capital hires two investment professionals

Courage Capital Management is expanding its team of investment professionals with a focus on short and long/short equity strategies. »


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