Zen Investment Management Co is cutting its position on commodities by 30 per cent with a likely view to commence buying China and US stocks reported Bloomber
The amount of catastrophe bonds and insurance-linked securities (ILS) issued reached a record level in 2014, according to Artemis.bm. Artemis.bm recorded USD8.8 billion of new catastrophe bond and insurance-linked securities issuance in 2014 in its Deal Directory, the highest level
Societe Generale Securities Services (SGSS) has appointed Christophe Baurand as Global Head of Commercial, Marketing and Liquidity Management. Based in Paris, he reports to Bruno Prigent, Head of SGSS, and joins the SGSS Executive Committee. Baurand replaces Massimo Cotella, who
DW Partners has assumed the role of manager for two hedge funds previously managed by Brevan Howard, totalling more than USD5 billion in assets, effective 1 January, 2015. DW served as the investment manager for the vehicles with responsibility
IS Prime, the new foreign exchange brokerage service launched in late 2014, has hired two former Sucden Financial employees, Andrew Biggs and Jean Claude Francois. An Biggs’ role will focus on delivering tailor-made solutions for IS Prime’s institutional client base,
Global Prime Partners, a provider of prime brokerage and trading services to hedge funds, asset managers, family offices and professional traders, has appointed Andrew Bole as Chief Operating Officer (COO). Bole joins Global Prime Partners from IG Group Holdings where
During the last two weeks of December, hedge funds erased the bulk of the losses recorded earlier in December, when risk aversion was elevated. CTAs were again the best performers, in a remake of the patterns observed throughout the year (+4.7%from 16
Nils Bolmstrand, the recently appointed chief executive of Skandia Investment Group, has named the members of his executive team. Former finance director Marc Bulstrode becomes SIG’s chief operating officer in charge of finance, operations and human resources, while James Millard
One of the inherent risks to investing in hedge funds is the inherent volatility of performance. A top fund today might be the worst tomorrow. In Preqin’s latest November Hedge Fund Spotlight report, which looks at this year’s top 100
ML Capital, investment manager to the MontLake UCITS Platform, has launched the North MaxQ Macro UCITS Fund. North Asset Management, a London based independent alternative asset manager, has managed the North MaxQ Macro investment strategy for more than 10 years.
