The decision made by the rating agency Moody’s to downgrade the credit ratings of a string of global banks was greeted inevitably when markets opened on the following day by a sell-off helped by weaker US data and Wall Street
ICAP, the world’s premier inter-dealer broker, has announced that it has expanded its property derivatives business into the Asia-Pacific region, building on its existing European and US o
Assets managed by the top 100 alternative investment managers globally now exceed USD3trn, according to research produced by professional services company Towers Watson in conjunction with the Financial Times. The Global Alternatives Survey, which for the first time includes individual
Dechert has announced that Kevin P Scanlan has joined the firm as a partner in the financial services group.
Scipion Capital, the wholly Africa dedicated hedge fund manager, has announced the launch of its third Fund – the Scipion Alpha Seeker Fund – which will launch in April and invest in liste
The many tortuous “what if” articles on the eurozone‟s financial problems address the risks of collapse and contagion together with the inchoate political responses. Inevitably they conclude catastrophic consequences. There is no gain in further exaggerating this fairy tale, which
London-based Endeavour Capital has shed 28 per cent in value during the first three weeks of this month due to extreme gyrations and vast movements in Japanese bonds.
New York-based asset management firm Malbec Partners, a subsidiary of BNP Paribas, has recruited two experienced investment teams for its recently-launched alternative investment platform.
The Hennessee Hedge Fund Index declined 1.98% in May (+2.15% YTD), while the S&P 500 fell -6.27% (+4.19% YTD), the Dow Jones Industrial Average decreased -6.21% (+1.44% YTD), and the NASDAQ Composite Index declined -7.19% (+8.53%). Bonds were mixed, as the Barclays Aggregate Bond Index increased +0.90% (+2.33% YTD)
Oxford Funding Corporation, which is planning to raise USD100m for a fund dedicated to acquiring portfolios of home loans from banks and large mortgage lenders at generous discounts, has a
