FTSE Group and Record Currency Management have launched the first set of indices within the new FTSE Currency Forward Rate Bias Index Series. The new FRB5 indices use the five most widely-traded currencies (US Dollar, Euro, Japanese Yen, Pound Sterling

Salus Alpha has launched a commodity arbitrage fund, which it says is the first to successfully combine an arbitrage strategy with daily liquidity.  The strategy tries to profit from price differences on various commodity markets or between related commodities. The

The S&P 500 index registered a sixth consecutive month of gains in August, rising by 3.61 per cent in a context of stable implied volatility (26.01 per cent), according to research by Edhec. Since its low point in February, the

Deutsche Börse is promoting a price model for its pan-European trading segment Xetra International Market which aims to offer an incentive to supply liquidity. Xetra participants that place orders and achieve a certain percentage of the trading volume in their

For all those convinced that the culture of risk embodied in hedge funds was a prime cause of the financial and economic meltdown of the past two years, yesterday’s headlines provided more than a frisson of outrage: Barclays Bank has

Citi has been awarded a mandate by Twin Haven Capital Partners to provide the alternative asset management firm with a portfolio of back- and middle-office administration services, incl

Russell Investments has described the equity market rally across Asia as ‘breathtaking’, but has questioned its speed and size and whether Asia is now more vulnerable to any disappointm

Barbara Ridpath, chief executive of the London-based International Centre for Financial Regulation, argues that with members of the financial indus

Nexar Capital Group, a global investment management firm, has launched and received an investment from funds managed by Aquiline Capital Partners, a New York-based private equity firm.