The Cumulus team at PCE Investors has reported a 2009 full year return of 68.58 per cent for the Cumulus Energy Fund. This follows a return of 26.64 per cent for 2008. Cumulus’ chief investment officer Peter Brewer says: “We
Noci Pictures Entertainment, a recently launched Chicago-based alternative investment firm, is in discussions with hedge fund investors about investing in the film industry. Yuri Rutman, head of Noci Pictures Entertainment, says investing in 30 to 50 films over five years
The Life and Longevity Markets Association has been formed to promote the development of a liquid traded market in longevity and mortality-related risk, of the type that exists for insurance linked securities and other large trend risks. The association will
Tetragon Financial Group has acquired Lyon Capital Management from Calyon New York branch and certain of its affiliates. Under the transaction, Tetragon acquired both Lyon Capital Management, to be renamed LCM Asset Management, and certain collateralized loan obligation securities with
India’s MCX Stock Exchange is launching futures trading in Euro-Indian Rupee, Pound Sterling-Indian Rupee and Japanese Yen-Indian Rupee currency pairs with effect from 1 February 2010. This was made possible based on the policy and approval of RBI and SEBI.
INDOS Financial Limited, a provider of depositary services under the Alternative Investment Fund Managers Directive (AIFMD), is planning to expand its Irish office based in Enniscorthy, County Wexford. The investment, which is supported through the Department of Jobs, Enterprise and
A new global study on alternative channels for capital from shadow banking provides a unique investor perspective on what it will take for these financing vehicles to take hold and support economic growth. The report makes recommendations for improved
Eighty per cent of respondents to a survey by Omgeo, a subsidiary of The Depository Trust & Clearing Corporation (DTCC) believe T+2 will become the global standard for settlement cycles within 10 years. Currently, settlement cycles vary between T+3 in
Fortis Bank Nederland and BGL BNP Paribas have finalised the sale of Intertrust to Dutch private equity group Waterland, having received all regulatory and other necessary approvals. The parties signed the sale and purchase agreement on 7 September 2009. The
Index provider FTSE Group and Borsa Italiana, part of the London Stock Exchange Group, have launched two indices for use in the Italian domestic market, following the introduction of the FTSE Italia Index Series last year. The indices –
