Odey Asset Management has acquired Newman Ragazzi Partners, along with Michele Ragazzi, who becomes an Odey partner, his team of six, and the management of the existing Newman Ragazzi fund
State Street Corporation has launched of an over-the-counter (OTC) derivatives servicing platform called the OTC Hub.
The Santander group has a long history serving the Latin American markets, with the bank a market leader in countries throughout the region.
NYSE Euronext has launched two equal weight indices based on the European national blue chip indices, the AEX and the Cac 40.
The Swiss Competition Commission (COMCO) has opened an investigation into twelve major banks over suspicions that they may have colluded to depress interbank interest rates used in multi-billion derivatives trades. Beside the two major Swiss banks UBS and Credit Suisse,
Guernsey-based Asset Risk Consultants has launched a new website that allows private investors and financial advisers to compare fund performances in an innovative manner.
The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.33% in April as most of the index component strategies reported negative results for April. Event driven and long/short equity were the worst performing sub strategies, down 0.64% and
The Citco Banks, providers of custody and fund trading for financial institutions and fund of funds, have opened a new subsidiary, Citco Bank Canada, in Toronto.
After a year of continuous net outflows, total hedge fund assets rose 5.8 per cent during May with 1.0 per cent attributable to investor net inflows and 4.8 per cent attributable to ret
With the globalisation of business there has been a corresponding surge in the movement of executives and their families, and in some cases businesses themselves, in relocating to new countries. In many cases the relocation has been temporary but for
