Omada Capita has launched a stock-based lending service, which allows clients to secure loans against the broadest range of listed shares and on flexible market terms. The launch follows a trial of the service with selected clients over the past
Hedge funds’ assets under management will total USD1.5trn in 2010, according to a report by Tabb Group. The report says the prime brokerage market is still significant and Tabb expects prime broker revenues to top USD10bn in 2010. According
Global Prime Partners (GPP) has appointed Deutsche Bank to provide execution, clearing and custody services for its client base of emerging managers, family offices, professional traders and boutique broker dealers. Following on from other custodial and clearing firm appointments, the
The London Metal Exchange has listed its first minor metals brand – Vale Inco Electrolytic Cobalt Rounds from Canadian producer Vale Inco – for delivery against the LME’s new cobalt contract. LME contracts for minor metals are due to launch
Michael McKee (pictured), Head of Financial Services Regulation at DLA Piper, comments on the EU Finance Ministers decision not to permanently ban naked CDS shorting… When the market targets the debt of a particular sovereign borrower it is usually because
Equinoxe Alternative Investment Services, a provider of administration services to the hedge fund industry, is to expand its Irish operation with the establishment of a new asset servicing operation in Sligo. The operation will employ over 50 people over three
Just one of IndexIQ’s family of hedge fund replication and alternative beta indices recorded a positive return in March. The IQ Hedge Emerging Markets Beta Index, with a return of 0.89 per cent, was the only one of the seven
Yorkville Advisors, the US based investment manager to a family of funds, has executed a SGD10m equity line facility with Advanced Integrated Manufacturing. Under the terms of the facility, AIM may issue ordinary shares to Yorkville in tranches based on
Long/short equity hedge funds ended the third quarter in positive territory as improving global macroeconomic data continued to suggest an economic recovery, according to data from Credit Suisse. September marked yet another positive month for long/short equity hedge funds as
Castlestone Management, the alternative New York and London asset manager, has made direct, unleveraged exposure to physical gold bullion and precious metals available to euro and sterling investors in its Aliquot Gold Bullion and Aliquot Precious Metals Funds. Euro and
