Omgeo has seen a 47 per cent year-on-year increase in equity and fixed income volumes processed on its post-trade services for the Japanese market. The increase reflects not only buoyant conditions in the local market since the end of
The possibility that hedge funds are making a comeback has been explored in the media recently, suggesting that investors are once again hungry for the huge returns these funds offered a decade ago, as their companies return to profitability. Recent
HSBC Holdings Plc (HSBA), the largest European bank by assets, plans to double its Asia-Pacific prime finance team’s cut of hedge-fund assets in the coming year, said Melvyn Ford, regional head of the business. It is part of a target to improve
Finance professionals punched out in an eight-bout tournament at the seventh Xie Shares Hedge Fund Fight Nite. In usual fashion, the event was conducted in a marquee set-up on the grounds of the Indian Recreation Club. At 6.30pm, guests
According to Singapore-based hedge fund research and fund advisory firm GFIA, medium sized Asia (ex-Japan) long-short equity funds – those that manage USD250 million to USD750 million – perform the best. According to GFIA’s July “Insight” report in 2008, USD450
AmBank Berhad, part of Malaysia’s AmBank Group, has gone live with the latest version of Murex’s MX.3 Market Risk Solution. This new market risk implementation enables the bank to enhance oversight of its risk management activities across all fixed
Deutsche Börse has connected the first participant from Hong Kong to its Xetra trading system – Celestial Securities, a subsidiary of the Hong Kong-listed financial conglomerate CASH Financial Services Group. The Xetra network includes more than 240 trading participants with
Singapore Exchange (SGX) has launched long dated order types, allowing investors to retain buy or sell orders for longer than the usual one day. With long dated orders, investors can specify the number of days they want their orders
Citi has been appointed by Franklin Templeton Investments (Asia) to provide trustee, custody and transfer agent services in support of the launch of its inaugural Templeton China Opportunities Fund in Hong Kong. Leveraging Citi’s breadth of product capabilities, global network
Lyxor Asset Management has appointed Gilbert Tse as head of Lyxor for Asia. Based in Hong Kong, Tse has a reporting line to Pierre Gil, Lyxor’s head of international development. In this newly created role, Tse will be
