Falling share prices and increasing desperation on the part of banks and other financial institutions to unload distressed assets are attracting hedge funds more than ever.
LCH.Clearnet Limited’s interest rate swap (IRS) clearing service, SwapClear, cleared USD34 billion in total notional client business in January across seven of the 17 currencies currently available. These volumes bring the total client notional outstanding to USD288 billion. During this
UBS Investment Bank today announced that Jon Jodka will join the firm as Managing Director and Head of US Prime Brokerage Sales within its Equities division.
Buyout specialist Kohlberg Kravis Roberts is going public and is moving into real estate and long-only equity funds.
The board of GlobeOp Financial Services SA (GlobeOp) has confirmed speculation that the fund administrator is in discussions with private equity firms Advent International Corporation and TPG Capital about a possible offer for the company. GlobeOp’s Board stated that it
A new paper published by ICMA’s European Repo Council (ERC) is calling for more detailed understanding of the precise impact of collateral haircuts in the repo market. The paper: ‘Haircuts and initial margins in the repo market’, written by Richard
The most likely path for unwinding global imbalances over the medium term is through appreciation of EM currencies versus G10 currencies, says Jerome Booth, Head of Research, and Jan Dehn, Strategist at Ashmore Investment Management… The world in 2012 will
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.55% in December. "December closes the year on a positive note with net inflows of 1.55 percent, driven primarily by healthy subscriptions," said Hans Hufschmid (pictured), chief executive
With markets worldwide suffering from the impact of the credit crunch over the past year and amid a drop in overall fund investment in Spain, stemming from market conditions but also tax changes, h
Historically the third-party fund administration industry in Spain has been relatively small, but the development of the country’s hedge fund and fund of hedge funds sector over the past two years
