IKOS Financial, a systematic global macro fund, has reported growth of 21 per cent over the first five months of the year. The results would appear to back up IKOS
The UK’s FSA stressed that the launch of its wide-ranging discussion paper on hedge funds is not an attempt to shackle UK’s booming hedge fund industry. The FSA’s D
Technology company Convergex Group has expanded NorthPoint Trading Partners, its recently acquired prime services business, with four new hires. Michael McLoughlin and Jay Mercier have signed on with NorthPoint’s electronic execution group and Raoul Scott and Erik Fuchs have joined
Lombard Odier Darier Hentsch & Cie has received authorization to distribute five new funds of hedge funds in Switzerland. With 15 years’ experience in alternative a
The Commodity Futures Trading Commission (CFTC) has issued Orders against Adam Flavin and Peter Grady, traders at a commodity merchandising firm, filing and settling charges of attempted manipulation of the price of certain wheat futures and options contracts that were
The State Street Global Investor Confidence Index decreased to 88.3 in September, down 5.7 points from August’s revised reading of 94.0. Confidence among North American investors further declined, with the North American ICI decreasing from 92.0 to 84.5. The Asian
Hedge fund start-ups in Singapore are on the rise after the central bank approved new rules that will exempt most funds from obtaining a capital market services licence. Hedge fund managers in Hong Kong face the same licensing requirements as
Eurex, the international derivatives exchange, has agreed to work with the Osaka Securities Exchange (OSE) to expand the reach of both exchanges. Under the terms of
Corinthian Cove Consulting, which assists investment management organisations with strategy and business development, has appointed Richard Graf and Sheila Warner as partners. Existing members of the firm include John Boneparth, founder and managing partner of Corinthian Cove who previously served
London-based RAB Capital plc has made its first strategic acquisition with the purchase of Cross Asset Management Ltd. Roddy Campbell and David Linsley founded Cros
