Crude Oil prices retreated in the session and the market took a higher than expected PPI number in its stride .
Steven Harcourt has joined Standard & Poor’s European Structured Finance team as Senior Structured Finance Evaluator.
Systeia Capital Management, the Paris-based alternative investment manager, has added the Systeia Global Macro Program to its product range.
EDHEC and the Ecole d’Economie de Paris have signed a cooperation agreement to create a programme to support young researchers in Economics.
Guernsey parliament has passed a set of economic and taxation changes that includes a zero rate of corporate tax and capping personal tax at GBP 250,000.
Inter-dealer broker Tullett Prebon has appointed John Del Vecchio as Chief Information Officer. Del Vecchio was previously Chief Technology Officer for Tullett Prebon North America and has been at Tullett Prebon (and previously Tullett Liberty) for six years. He took
Quaesta Capital AG has launched a new currency only fund of fund tailor made to meet the needs of Swiss pension funds.
New Star Asset Management is launching a new closed end London-listed investment company targeting an absolute return of LIBOR plus 600 to 1000bps. Ravi Anand, New Star’s head of structured products said: ‘New Star Absolute Return brings together all of
Arthur L Weiss has joined Group G Capital Partners, LLC, co-managing its distressed fund as well as contributing to the firm’s market neutral credit fund.
Indeed Wall Street rallied to close up some 33 points having spent most of the session in a negative state.
