IDS International Limited (IDSI) has been granted a license to operate as an Authorised Firm in Dubai, providing Fund Administration services.

Alternative asset administrator Fulcrum Limited opened a Cayman Island branch this month headed by Steven Slessor, CA.  ‘The opening of our newest office is part of Fulcrum’s ongoing strategic corporate growth plan and will support our steadily increasing roster of

EuroStoxx 50 continues to unwind for a second day, after failing to hold above its spring resistance level, near 3900.

Following the Amaranth debacle, the Global Multi-Asset team at Investec Asset Management examine the pros and cons of investing in hedge funds.

The Dow Jones-AIG Commodity Total Return Index is down -4.2% over the last 12 months, but up 87.5% for the past five years.

Gareth Quinn has joined SunGard’s Enterprise Solutions group as managing director of alternative investments.

European real estate and financing bank Credit Foncier has opened a London office with the aim of attracting British investors looking to purchase property in France.

Butterfield Bank is entering the Swiss private banking market with its establishment of a new wholly owned subsidiary in Switzerland.

Welton Investment Corporation has announced the addition of its Global Directional Portfolio program (GDP) to the AlphaMetrix Mosaic Platform.  

US brokerage firms will generate USD 33.2 billion from derivatives related revenue in 2006 as the rapidly growing market catches up with the cash market.