GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, has reached an agreement with Deutsche Bank AG to acquire dbFX, Deutsche Bank’s retail foreign exchange trading business. The agreement also provides for the referral of retail
Centurion Fund Managers has obtained regulatory approval from the CSSF in Luxembourg for its fourth open-ended longevity fund, the first in the market to combine macro and micro longevity. The professional investor fund, which is called the Centurion Longevity
JP Morgan Worldwide Securities Services has launched its Repo Trade Matching Engine. This new functionality will enhance the operating model of the US Tri-Party Repo market, in support of the May 2010 recommendations of the Tri-Party Repo Infrastructure Task Force sponsored
The international derivatives exchange Eurex will launch equity options based on 30 of the most liquid British stocks on 18 January 2010. With this new product suite, Europe’s largest derivatives exchange will for the first time offer British pence denominated
The RBC Hedge 250 Index had a net return of 1.02 per cent in November, bringing the year-to-date return of the index to 18.48 per cent. These returns are estimated and will be finalised by the middle of next month.
The international derivatives exchange Eurex has admitted Nanhua Futures (Hong Kong) Co Ltd as a new trading participant based in Hong Kong. Nanhua Futures is the Hong Kong subsidiary of one of the leading futures brokers from the People’s Republic
Hedge funds finished November in positive territory as global stock markets resumed their upward trend, according to a report by Lipper. The Lipper Hedge Fund Composite Index was up 0.90 per cent in the month of its launch. Equity hedge
The City of New Haven’s Employee Retirement Fund has invested USD8m in IndexIQ’s multi-strategy hedge fund replication separately managed account vehicle. The IQ Hedge Multi-Strategy SMA is designed to be liquid, transparent and low cost. This allocation represents the first
James Skeggs, Head of Research for Newedge, takes a look at the potential benefits and costs of portfolio rebalancing. At the outset of his research, Skeggs expected that regularly rebalancing a portfolio would produce measurably better outcomes when considered in
By Donald A Steinbrugge, Agecroft Partners – There is a constant flow of articles in the media articulating that hedge funds have performed badly because they have underperformed the S&P 500 index. Many of these articles suggest that it is
