Comment: Europe strikes a blow for funds’ freedom
The European Union is not in wildly good odour with the continent’s fund industry at the moment.
The European Union is not in wildly good odour with the continent’s fund industry at the moment.

By James Williams – “We’ve seen nearly continuous growth in open interest since we first launched the Deliverable Swap Future in December last year,” comments Sean Tully, head of interest rate and OTC products at CME Group. Major changes are
Blackstone Group’s planned Asia fund will launch in October with up to USD1bn.
Bank of New York and Mellon Financial Corporation have completed their merger to create the Bank of New York Mellon Corporation, which has annual revenues of around USD13bn and pro-forma m
As the global economy undergoes a structural shift to find its new level in the wake of the liquidity crisis, and as developing economies pick up the pace while markets in the West falter,
Samena Capital, a model of collective investing run by entrepreneurs from the Subcontinent, Asia, the Middle East and North Africa, has announced the launch of its Samena Japan Absolute
Sovereign wealth funds are increasingly seeking out investment opportunities with UK hedge funds, a trend that might signal better times ahead for the sector.
Mortgage market specialist Edeus is launching an asset quality assessment service that aims to help investors understand fully the current risk in mortgage-backed asset pools by assessing
Asset Management Finance has made an investment in MIR Investment Management, an Australian and Asian (ex-Japan) equity fund manager based in Australia and Singapore.

New York-based FX Concepts has taken the decision to wind down its investment management operations over the next few weeks. FX Concepts has managed currencies for institutional investors through FX overlay and absolute return programs for the past 25 years