Crédit Agricole and Société Générale have named their combined asset management arm Amundi. The companies say the name Amundi blends the initials of "asset management" with an allusion to the world. The Latin origin of Amundi also harks back to
Celebrating its 150th year anniversary in 2014, Societe Generale took the decision in May 2014 to buy out Credit Agricole’s 50 per cent stake in Newedge, a leading provider of clearing and execution services in OTC and listed derivatives. This
By James Williams (pictured) – A wise man adapts himself to circumstances as water shapes itself to the vessel that contains it. (Chinese Proverb) It’s a well-known fact that adversity breeds innovation. As tough as it has become to do
Hedge funds as represented by the Credit Suisse/Tremont Hedge Fund Index are currently on track to post their best annual returns in ten years. Through 30 September 2009, the Credit Suisse/Tremont Hedge Fund Index is up 15 per cent with
Hedge fund performance, as measured by the HFRX Global Hedge Index denominated in US dollars, shows an upturn so far this year of close to nine per cent, according to a report by SEB. The same index expressed in euros
By James Williams, Hedgeweek – It is widely acknowledged that many CTAs have failed to deliver any meaningful performance over the last few years. The period 2011-12 was particularly tough. The Newedge Trend Index was down -7.93 per cent and
By James Williams (pictured), Hedgeweek – Trend-following strategies have endured a difficult few years. At the height of fear regarding the future stability of the Eurozone, central bank intervention in the west led to low volatility and highly correlated, non-trending
For many years the leader in creating and implementing business and regulatory models that have become the standard for other jurisdictions to follow, Bermuda is today home to a thriving and dynamic offshore financial services industry. An archipelago of nearly
Hedge fund service providers Liquid Holdings Group, Marcum, and Apex Fund Services are due to present the second in a series of hedge fund events for emerging managers and start-ups. The event – Be an Outlier: Attracting Fresh Capital Through Institutional Credibility” – will
Asian hedge fund manager PMA Capital Management has launched the PMA India Fund, which focuses on alpha generation from long and short positioning in the top 250 Indian companies. The fund uses a mix of qualitative and quantitative processes that
