Before the 2008 financial crisis, The USA’s largest financial institutions were trading complicated derivatives, called swaps, in the shadows, which helped propel the economy into a downward spiral, says Gary Gensler is chairman of the Commodity Futures Trading Commission… Though
Fund administrator HedgeServ has expanded its international platform with the opening of an office in London on 22 August. The office, located at 21 Upper Brook Street, W1, will focus on business development with hedge funds, funds of hedge funds,
The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in the Morningstar hedge fund database, rose 1.1% in July, outpacing the S&P 500’s 2.0% decline for the month. “Global equity markets struggled in July
Steel Partners Japan Strategic Fund is urging shareholders of Sapporo to support the election of its ten-person slate to Sapporo’s board of directors at the company’s annual general meeting scheduled for 30 March 2010. Steel Partners has also called for
Deutsche Börse has completed its review of potential measures to further increase the efficiency of the group and has resolved the next phase of a multi-year programme to optimise operational processes and structures across the group. The objective of the
Quantifi, a provider of valuation models and risk management software for the global credit and interest rate markets, has been selected by Pine River Capital Management, an alternative asset management firm, for pricing and analysis of global credit products. Pine
Fischer Francis Trees & Watts (FFTW), the global fixed income partner of BNP Paribas Investment Partners, has promoted Kenneth O’Donnell, CFA, to Head of Short Duration. He will be responsible for performance, growth and development of short duration strategies firm
The European Central Bank’s (ECB) measures were reasonably above, or at least in line with, hedge funds’ expectations, says Philippe Ferreira, head of research at Lyxor’s Managed Account Platform. In particular, those fostering credit with more credible hints at ABS
For Keith Skeoch (pictured), CEO of Standard Life Investments, the IIC Advisory Council is an opportunity to show collective engagement on stewardship. In an industry dominated by fragmented opinions and viewpoints, he believes it’s important that the agreed views of
Derivatives exchange Eurex will offer trading of two futures based on butter and skimmed milk powder in Europe at the end of Q2 2010. Both futures are based on established reference prices from the respective spot markets and will be
