Momentum trading strategies in foreign exchange markets yield “striking” excess returns of up to 10 per cent a year, according to a new study. ‘Cross-sectional strategies’ – where investors go long or short on a basket of currencies based on
Women-owned or managed hedge funds and private equity funds continue to outperform their male counterparts, but 73.5 per cent of investors anticipate that allocations will remain the same in 2014. That is one of the findings of Women in Alternative
The international derivatives exchange Eurex will further extend its product offering by introducing 13 new equity options on underlying Belgian, Dutch, French and Spanish stocks on May 19
Guernsey-based fiduciary and fund administration firm Legis Group has announced the appointment of Alison Mahoney from Barclays Wealth as managing director of Legis Trust.
Activist hedge fund manager William Ackman has suggested a rescue plan to restructure Fannie Mae and Freddie Mac which, he claims, will reduce leverage at the two government-sponsored but
The Commodity Futures Trading Commission has appointed Scott Schneider to serve as director of public affairs.
Sapient Global Markets has become a certified implementation partner of the European Energy Exchange (EEX) to facilitate regulatory reporting in the European energy wholesale markets. Sapient Global Markets and the EEX will work together to help firms comply with
Gottex Fund Management has received FINMA approval for its merger with EIM Group. The merger is expected to complete during August. The combined firm has USD8.5 billion in fee earning assets and will be one of the leading independent
Leading offshore law firm, Mourant Ozannes, announced this week it has opened an office in Hong Kong to provide clients with access to the firm’s offshore legal services in an Asian ti
Blackstone Accelerates Growth, a statewide initiative involving the Maine Technology Institute, the Maine Center for Entrepreneurial Development and the University of Maine, has hired John Voltz as its Executive Director. A resident of Cape Elizabeth, Maine, Voltz joins the
