The Securities and Exchange Commission has adopted a rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure. The measure is intended to promote market stability and preserve investor confidence. This alternative uptick
James Kelly has joined Citi’s Prime Finance Group, enhancing Prime Finance’s capital introductions capabilities for its hedge fund client base. Kelly joins Citi as Director and Pensions Specialist within Prime Finance’s Capital Introductions Group. Kelly was previously at Morgan Stanley
Nara Capital, an alternative advisory and consultancy service provider based in Geneva, will start to release its Ucits Alternative Index to the public. The series of indices aims to track the performance Ucits hedge funds and funds of funds.
An academic report examining the fiscal challenges facing the Cayman Islands contains heavy criticism of the way the UK is addressing its own particular problems. The report, compiled by Richard Teather, a senior lecturer in taxation, points out that the
JP Morgan has been selected by investment management firm AQR Capital Management, LLC (AQR), adviser to the AQR Funds, to provide prime custody and fund administration to its newly launched mutual fund – the AQR Multi-Strategy Alternative Fund. As described by
Timothy Massad has been officially sworn in as the chairman of the US Commodity Futures Trading Commission (CFTC), the federal agency that oversees the commodity futures, options and swaps industry. Massad (pictured), who will assumes his responsibilities immediately, joined the
Castlestone Management “continues to operate as normal” despite having the FSA descend on its offices i
EuroCCP and Turquoise have expanded their respective clearing and trading services into two additional markets, Hungary and the Czech Republic. The move makes Turquoise the first multilateral trading facility to offer trading and EuroCCP the first pan-European CCP to offer
Steel Partners Japan Strategic Fund (Offshore) has written a letter to fellow shareholders of Sapporo Holdings seeking their support for the election of its director nominees at the company’s general meeting of shareholders in March 2010. “Our goal is to
High alpha boutique Argonaut Capital Partners, a specialist in managing European equities, has appointed Keith Speck as sales manager, London & Europe. Speck joins Argonaut from Baker Tilly Investment Solutions (previously RSM Tenon Investment Solutions), where he led the investment
