Luxembourg’s Next Generation Absolute Return has taken the bull by the horns by deciding to launch a specialized UCITS investment management business: <
European Multilateral Clearing Facility (EMCF), Europe’s largest cash equities Central Counterparty (CCP), is to engage in interoperability with competitors servicing European MTFs and exchanges. In addition, a competitive new fee schedule will be introduced ahead of Interoperability. EMCF has indicated
Prime brokers will generate more than USD11bn in revenues from hedge funds this year, a 15 per cent increase over 2006, according to the fourth annual benchmark industry research study fro
Investors looking for investment returns uncorrelated to the performance of equity markets can profit from arbitrage opportunities in yields on US Treasuries in the Yield Curve Opportunity
REDI Holdings, provider of the REDIPlus execution management system (EMS), has appointed Michael Lax as head of EMEA sales. Lax will be responsible for leading all sales and business development initiatives with the firm’s buyside clients and sell-side partners in
Deutsche Börse will act as the exclusive licensor of Bombay Stock Exchange (BSE) market data and information products to all international clients. The new cooperation will benefit existing and potential customers by giving them access to both exchanges’ market
Singapore Exchange’s (SGX) global physical benchmark SICOM Rubber Futures contracts achieved a new record month in June with 40,679 lots traded, surging 53 per cent higher than a year before. Open interest also achieved a new high on 27
SuMi TRUST Global Asset Services, a provider of operational and administration support services to institutional asset managers, has completed the enhancement of its Asian business. SuMi TRUST has strengthened its operational and client service teams in all three centres with
More foreign hedge funds are devoting resources to China, attracted by strong returns, the potential for growth and signs that the country will continue to develop its financial markets. As reported by the Wall Street Journal, China-focused hedge funds managed
The credit crunch, which is still in full flow, has left many seasoned investors praying for a miracle.
