LCH.Clearnet has gone live with significant enhancements to its SwapClear service. Following extensive consultation with the buy side and Futures Commission Merchants, SwapClear now accepts a broader range of collateral for initial margin and offers increased connectivity and variable notional
All managed futures indices calculated by Newedge showed positive returns for the month of June with trend followers leading the pack with a return of +1.25 per cent. The Newedge CTA index is back to positive territory YTD returning +1.06
The British Virgin Islands (BVI) remains one of the most popular offshore fund jurisdictions for hedge fund managers. In terms of ‘brand identity’ a BVI-licensed fund is recognised by global investors as a well-established, reputable fund vehicle. “The BVI fund
Odey Asset Management has acquired Newman Ragazzi Partners, along with Michele Ragazzi, who becomes an Odey partner, his team of six, and the management of the existing Newman Ragazzi fund
State Street Corporation has launched of an over-the-counter (OTC) derivatives servicing platform called the OTC Hub.
The Santander group has a long history serving the Latin American markets, with the bank a market leader in countries throughout the region.
NYSE Euronext has launched two equal weight indices based on the European national blue chip indices, the AEX and the Cac 40.
The Swiss Competition Commission (COMCO) has opened an investigation into twelve major banks over suspicions that they may have colluded to depress interbank interest rates used in multi-billion derivatives trades. Beside the two major Swiss banks UBS and Credit Suisse,
Guernsey-based Asset Risk Consultants has launched a new website that allows private investors and financial advisers to compare fund performances in an innovative manner.
The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.33% in April as most of the index component strategies reported negative results for April. Event driven and long/short equity were the worst performing sub strategies, down 0.64% and
