The AlphaShares Chinese Volatility Index hit a 31-month low of 23.48 on Christmas Eve and closed the year at 24.22, down from 59.69 at the start of 2009. The data from AlphaShares also shows that the CBOE S&P 500 Volatility
Commodities increased in April as positive fundamentals continued to support returns, according to Credit Suisse. Nelson Louie, global head of commodities in Credit Suisse's asset management business, says: "Commodities continued an upward trajectory in April, and exhibited uncorrelated returns with traditional
BNP Paribas has joined Icap’s EBS platform as an FX prime bank. This is the first time BNP Paribas has been active in the FX market as a prime bank. EBS Prime extends the ability to trade in the core
The Investment Funds Institute of Canada says based on a sample of preliminary data from some of its members, net assets of the mutual fund industry for the month of December will be between CAD591.9bn and CAD596.9bn. This represents an
RBC Dexia Investor Services has been selected by Advent Capital Management to provide custody, fund administration and shareholder services for a specialised investment fund in Luxembourg. Advent Capital Management is a US-based investment management company that specialises in convertible, high
Investing in film is traditionally regarded as a risky activity, but BVI Company P&C Arcade Film Fund has developed what it says is a low-risk model for film investing. Investment manager Christopher McGinty says: "We are replacing the banks who
Having received all the regulatory approvals needed to create their combined asset management arm, Crédit Agricole and Société Générale are incorporating Amundi on 31 December 2009 and starting operations on 1 January 2010. Georges Pauget, chief executive officer of Crédit
State Street has signed an acquisition agreement with Intesa Sanpaolo, one of Italy’s premier banking groups, to acquire its securities services business, ISPSS, for approximately EUR1.28bn (USD1.87bn) in cash at closing. State Street expects to support the acquired ISPSS balance
Triple A Partners and Hatfield Advisors have entered into a joint venture agreement to develop their combined fund distributions business on a global basis. With immediate effect Hatfield Advisors will change its name to Triple A Partners Australia. The staff
The November edition of Hedgebay Trading’s monthly index has posited that if 2010 is to see the hedge fund market return to its previous performance levels, then the reduction of underperforming, illiquid assets must be hedge fund investors’ primary concern.
