Standard & Poor’s and Experian are joining forces to launch a series of consumer credit default indices in the US. The S&P/Experian Consumer Credit Default Indices, to be launched on 18 May 2010, will seek to measure the balance-weighted proportion
Daiwa Securities Global Asset Services, the fund servicing arm of the Daiwa Securities Group, has obtained a statement of auditing standards, SAS70 report, from its independent auditors KP
Jerry Haworth, Director, 36 South Investment Managers Ltd, examines the outlook for inflation and explains the forces that are driving economies towards a ‘bad’ inflation scenario. It has recently been reported that the CPI rose sharply to 3.4 per cent
Citco Fund Services and OpHedge Investment Services have joined forces to provide their clients with enhanced fund administration and operational support services. Citco Fund Services provides full service hedge fund administration and has USD550bn in assets under administration, while OpHedge
Allied Properties Real Estate Investment Trust has entered into an agreement to purchase 645 Wellington Street in Montreal for CAD10.5m. Located on the north side of Wellington Street, just east of Cite Multimedia, the brick-and-beam building is comprised of 140,060
Miles Geldard, co-manager of the Jupiter Strategic Reserve Fund comments on the institutional fund’s outlook…
 The strong rally in risk assets triggered by the ECB’s massive action to avert a liquidity (and solvency) crisis has run its course. However, when
Since Tuesday, ICE Clear Europe has been actively transferring, upon request, individual customer accounts of MF Global Ltd. More recently, it has begun transferring client positions, upon request, of MF Global Inc. (US), MF Global Pte (Singapore), MF Global Futures
Worldwide foreign exchange trading volume declined by approximately six per cent to just under USD100trn last year, according to Greenwich Associates. The cooling down of global FX markets brought to an end an impressive run that saw new records for
Private equity firm The Carlyle Group has agreed to purchase the management contracts on USD5.1bn in collateralised loan obligations and other credit assets from Stanfield Capital Partners, a fixed income asset manager based in New York. The transaction, part of
The international derivatives market Eurex Exchange will launch options on futures that are based on notional long-term bonds issued by the French Republic (Obligations Assimilables du Trésor – OAT) on 10 September. They will have a notional coupon of
