UBS has decided to fold its proprietary trading hedge fund operation Dillon Read Capital Management (DRCM) into the investment bank less than two years after unveiling plans to set up the
Misys has launched new generation of collaborative risk management solutions, under the name of Misys Global Risk (MGR). The solution’s best-in-class risk, regulatory and workflow modules collaborate with a firm’s in-house or third-party systems in a single enterprise risk technology
The outcome of this week’s US Presidential election will hopefully provide us with a signal for the direction of economic policy in a number of key areas. The most important of these is the “fiscal cliff” – a potent combination
BVI has received endorsements form two international bodies regarding its efforts to meet international standards on the regulation of its financial services sector. The Financial Stability Board has announced that BVI is a jurisdiction that demonstrates "sufficiently strong adherence" to
A partial break up of the Euro is inevitable, with Greece the most likely to default and leave the single currency in 2012, according to fund manager Managing Partners Limited (MPL). The Euro was always going to be tested in
"If you’d launched this fund in 2005, you would have needed to use a lot more leverage. Now, however, we’ve got a better volatility backdrop and opportunity set in a more schizophrenic market,” says Bob Jolly (pictured), Head of Global
Wall Street professionals can expect to receive flat to moderately larger year-end incentive payouts compared to the previous year, according to an annual compensation analysis released by Johnson Associates. The analysis found that this year’s incentives results are an improvement
The Credit Suisse Liquid Alternative Beta Index was down 0.64 per cent in October, according to Jordan Drachman, head of alternative beta strategies at Credit Suisse. The event driven strategy was the sole contributor to performance, finishing up 0.94 per
Industry research this month suggests that Asian investors, in particular, are starting to favour Asian hedge fund managers as the eurozone’s problems show no clear sign of abating and the US economy trundles along lethargically. If meaningful assets start flowing
Evercore Partners Inc has completed the purchase of a 45% non-controlling interest in ABS Investment Management, LLC, an institutionally focused equity long/short hedge fund-of-funds manager. Under the terms of the purchase agreement announced on 14 November, 2011, ABS’s founders and
