The Cumulus team at PCE Investors has reported a 2009 full year return of 68.58 per cent for the Cumulus Energy Fund. This follows a return of 26.64 per cent for 2008. Cumulus’ chief investment officer Peter Brewer says: “We
Noci Pictures Entertainment, a recently launched Chicago-based alternative investment firm, is in discussions with hedge fund investors about investing in the film industry. Yuri Rutman, head of Noci Pictures Entertainment, says investing in 30 to 50 films over five years
The Life and Longevity Markets Association has been formed to promote the development of a liquid traded market in longevity and mortality-related risk, of the type that exists for insurance linked securities and other large trend risks. The association will
Tetragon Financial Group has acquired Lyon Capital Management from Calyon New York branch and certain of its affiliates. Under the transaction, Tetragon acquired both Lyon Capital Management, to be renamed LCM Asset Management, and certain collateralized loan obligation securities with
India’s MCX Stock Exchange is launching futures trading in Euro-Indian Rupee, Pound Sterling-Indian Rupee and Japanese Yen-Indian Rupee currency pairs with effect from 1 February 2010. This was made possible based on the policy and approval of RBI and SEBI.
INDOS Financial Limited, a provider of depositary services under the Alternative Investment Fund Managers Directive (AIFMD), is planning to expand its Irish office based in Enniscorthy, County Wexford. The investment, which is supported through the Department of Jobs, Enterprise and
Fortis Bank Nederland and BGL BNP Paribas have finalised the sale of Intertrust to Dutch private equity group Waterland, having received all regulatory and other necessary approvals. The parties signed the sale and purchase agreement on 7 September 2009. The
Index provider FTSE Group and Borsa Italiana, part of the London Stock Exchange Group, have launched two indices for use in the Italian domestic market, following the introduction of the FTSE Italia Index Series last year. The indices –
Mutual funds, exchange-traded funds and even hedge funds have reduced the fees they charge clients in light of the weakened economy, according to Fund.com. Some of the fee cuts are temporary measure aimed at attracting recession sales, but Fund.com believes
UBS Investment Bank has expanded its UBS E-Tracs exchange-traded notes platform by adding an ETN linked to the S&P 500 Gold Hedged Index. The UBS E-Tracs S&P 500 Gold Hedged ETN has begun trading on NYSE Arca under the ticker
