Mark Cummings has joined Walkers’ Hong Kong office, strengthening the firm’s position as a Pan-Asian provider of offshore legal services.   Cummings joins the office’s investment funds group as counsel. He previously worked at Appleby Global and has extensive experience

Hedge funds posted gains through mid-month with the HFRX Global Hedge Fund Index posting a gain of 0.50 per cent, including a gain of 0.39 per cent on 10 October, the largest one-day gain in almost 2 years, while the HFRX

Global hedge fund AUM declined by more than USD6 billion in August after Hedge funds witnessed slightly negative returns in August amid increased risk aversion in global markets during the month. The Eurekahedge Hedge Fund Index was down 0.32 per

HRH The Countess of Wessex will be the Royal guest of honour at 100 Women in Hedge Funds’ (100WHF) inaugural Hong Kong Gala to be held on 20 November at the Hong Kong Maritime Museum.   100WHF has been holding

The Depository Trust & Clearing Corporation (DTCC) has appointed Peter Tierney as regional head of Asia, DTCC Deriv/SERV.   Tierney will be based in Singapore, and serve as head of business operations in Asia. He will report to Stewart Macbeth,

Singapore Exchange (SGX) and Clearstream are to launch a collateral management service enabling customers to use assets held at SGX’s securities depository, CDP, for their collateral needs.   Under the agreement, SGX uses Clearstream’s collateral management infrastructure, the Global Liquidity

Bruno Wu aims to raise a USD500 million private-equity fund for media investments, focusing on companies targeting expansion in Asia, especially China. Wu, who is married to Yang Lan, a television personality, who some have compared to Oprah Winfrey, is

Ranodeb Roy (pictured), Morgan Stanley’s former head of fixed income

Vermilion Software has expanded its operations to the Far East with a new office at 8 Marina View, Asia Square Tower 1, Singapore.   This expansion of operations will be led by Simon Cornwell (pictured), co-founder and global sales and

ICAP plc, a markets operator and provider of post trade risk mitigation and information services, has appointed Benjamin Chtromberg as a futures and options broker.   He is based in ICAP’s Dubai office, which was opened in May last year