Bank of New York Mellon has agreed to acquire ARX Capital Management, an independent asset management business headquartered in Rio de Janeiro that specialises in Brazilian multistrategy,
Managed futures posted a slightly positive performance for June as commodities edged higher during the month, according to a report by Lipper Tass. Trend followers generally ended the month in positive territory as they were able to benefit from the
NYSE Liffe says total daily volume in its milling wheat futures contract passed 50,000 contracts for the first time on 22 July 2010. Milling wheat futures reached a record of 50,165 contracts, surpassing the previous record of 43,986 contracts set
Ramius, the asset management division of Cowen Group, has launched its first mutual fund, the Ramius Dynamic Replication Fund. The product focuses on hedge fund replication that provides investors the opportunity to access market exposures typically characterised by investments in
The Blackstone Group made a net loss of USD193.3m in the second quarter of 2010, compared to a net loss of USD164.3m for the second quarter of 2009. For the second quarter of 2010, total segment revenues were USD552.3m, up
Wine investors are warned not to put all their eggs in one French basket in a new report from the University of East Anglia. The fine wine investment market, valued at around USD4 billion a year, is currently dominated by
By Robert Mellor (pictured) and Gary Burr, PwC – With the Christmas season only recently behind us, thoughts don’t easily turn to matters of taxation. However, changes to tax rules in various jurisdictions around the world, both proposed and already
Gary Gensler (pictured), chairman of the US Commodity Futures Trading Commission (CFTC) is backing the final rules on the segregation of customer funds for cleared swaps… These rules are an important step forward in protecting customers and reducing the risk
Style Analytics, a provider of factor-based analysis software for investment professionals, has entered into a distribution agreement with Sustainalytics, a specialist in ESG research, ratings and analysis, to serve the rapidly growing demand to integrate ESG considerations into the investment
Richard Fleischman & Associates, a provider of outsourced technology and IT services to alternative asset firms, outlined the eight standards of business sustainability at a recent event for hedge fund advisers and prime brokers. Richard Fleischman, along with Omnium, a
