The London Metal Exchange has confirmed that it will commence futures trading in steel billet in April next year and will offer two regional contracts, one for the Near East and one for th
David Krein, senior director for institutional markets at Dow Jones Indexes, says that while financial sector stocks slump, the real estate sector has outperformed the US market by more th
As an emerging markets investment opportunity, the Middle East and North Africa (MENA) region has been overshadowed over the past couple of years by the focus on Asia and Latin America and especial
By a vote of 228-to-205 the House of Representatives yesterday rejected US Treasury Secretary Hank Paulson’s USD 700 bn (GBP 386 bn) bailout plan t
London-based hedge fund management firm SilverStreet Capital, which was established in April 2007 by Gary Vaughan-Smith and Alex Da Costa with USD5
The Lyxor Hedge Fund Index has gained 2% year-to-date (+0.7% in February), illustrating a strong come-back from Hedge Fund strategies in a “risk on” environment. Eleven hedge fund strategies out of 16 posted a positive return in February and 9
The Herald Group has announced the selection of PFS-Paxus as its core infrastructure system for its recently established fund administration business, Herald Fund Services.
Boston-based international law firm Brown Rudnick has brought together professionals from its structured finance, bankruptcy and corporate restructuring and distressed debt practices to fo
Connecticut-based Aladdin Capital Holdings has announced the first steps in its global restructuring plans. The plans involve seeking to achieve growth by developing its advisory and investment banking businesses, together with its sales and trading and traditional asset management areas
Alternative investment manager GLG Partners saw net assets under management decline by 39 per cent during 2008, from USD24.6bn to USD15bn, while net income for the year declined 57 per
