The Alternative Investment Management Association (AIMA) has expressed concern about the issue of dual registration for non-US investment advisers in legislation currently being debated on Capitol Hill. “We fully support the financial stability goals of the Restoring American Financial Stability
Fitch Ratings has published its revised methodology relating to the analysis of European covered bonds secured on commercial mortgage loans. The revised approach measures more precisely the credit risks of granular commercial mortgage loan portfolios securing covered bonds. The main methodological
Eurex set a new daily trading volume record on 5 May with 19.5 million contracts, surpassing the previous record of 19.2 million contracts set on 14 May 2008. ISE trading volume was 4.6 million contracts. Eurex’s equity based derivatives (equity
GLG Partners has reported a GAAP net loss attributable to common stockholders for the quarter ended 31 March 2010 of USD60.8m, or USD0.27 per fully diluted share. Non-GAAP adjusted net loss was USD3.1m, or USD0.01 per non-GAAP weighted average fully
Fortress Investment Group made a GAAP net loss of USD261m during the first quarter of 2010 compared to a loss of USD287m for the first quarter of 2009. The GAAP net loss attributable to class A shareholders was USD84m, or
Standard & Poor’s has launched the S&P World Commodity Index, the first index to consist solely of listed commodity futures contracts that trade outside of the US. “The launch of the S&P WCI is the result of Standard & Poor’s
Earth Capital Partners has launched the ECP Forestry Fund One, targeting up to USD300m of investment. The fund will invest in timber plantations and certain related assets in Brazil and other Latin American countries. The fund will have a ten
Och-Ziff Capital Management Group made a GAAP net loss of USD88.6m, or USD1.07 per basic and diluted class A share, for the first quarter ended 31 March 2010. The company also declared a USD0.09 per share 2010 first quarter cash
Merrion Investment Managers has recruited a long short equity team, comprised of Michael Nicol and Alistair MacDonald, to manage a new Ucits III European Absolute Return Fund. The fund combines the expertise of an experienced team with the stability of
NYSE Euronext has reported net income of USD130m or USD0.50 per diluted share for the first quarter of 2010, compared to net income of USD104m or USD0.40 per diluted share for the first quarter of 2009. Results for the first
