Clogs

Dutch hedge funds outperform in May

Dutch hedge funds outperformed their global peers in the turbulent month of May. »


Incapital president John Radtke

Incapital acquires Blue Sky Asset Management

Incapital, a securities and investment banking firm based in the US and UK, has acquired the business of London–based structured investment specialist Blue Sky Asset Management. »


Accounts

SmartPool has record growth in quarter two

SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, says it had record growth during Q2 2010 and its best monthly performance to date in Italy and Germany. »


Handshake

Oakley appoints Fabio Cortes head of macro

Oakley Alternative Investment Management is expanding its London operations with the appointment of Fabio Cortes as head of macro at the company’s flagship fund of hedge funds, Oakley Absolute Return. »


Jeremy Coller, chief investment officer of Coller Capital

Lloyds sells investments in Bank of Scotland Integrated Finance

Lloyds Banking Group is selling a portfolio of 40 private equity investments in its Bank of Scotland Integrated Finance business to a new joint venture called Cavendish Square Partners. »


Jan Vanhevel, chief executive of KBC Group

Daiwa to acquire KBC’s global convertibles and Asian equity derivatives businesses

KBC Group has reached an agreement with Daiwa Capital Markets for the sale of its global convertible bond and Asian equity derivatives businesses for a total consideration of approximately USD1bn. »


Index

Hedge funds post mixed performance across strategies in June

Returns for the Credit Suisse Liquid Alternative Beta Indices suggest that hedge fund performance varied across strategies in June with overall performance relatively flat year-to-date. »


The Interview – Russell Newton, Global Advisors: “Adding to CTA positions early in 2009 was like buying insurance after your house has burned down”

Russell Newton, co-founder and head of research at Jersey-based commodity-focused hedge fund manager Global Advisors, notes that despite the more difficult environment for commodity trading over the past year and a half, the firm’s Global Commodity Systematic programme has delivered a compound return of 14.2 per cent return since its launch in 2005. »

Trader

Average daily volume of 10.9 million contracts at Eurex and ISE in June

At the derivatives markets of Eurex an average daily volume of 10.9 million contracts was traded in June 2010, up from 10.7 million in June 2009. »


Handshake

Perella Weinberg names Jeffrey Silverman partner

Financial services firm Perella Weinberg Partners has named Jeffrey Silverman a partner of the firm, effective immediately. »


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