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Krishna Kumar, Ade Odunsi and Treesdale Partners have formed Goose Hollow Capital Advisors to run two FX investment strategies, FX Global Income Access and Commodity Producers Currency Access.
Kumar and Odunsi are veterans of the FX business with a combined 28 years of experience in the FX business. Treesdale Partners is a SEC registered RIA founded in 2002 that manages approximately USD300 million in a number of fixed income focused alternative investment vehicles, for a global clientele including insurance companies, endowments, pensions, banks and wealth managers.
"We feel these investments meet a number of increasingly important needs for our clients,
Gregory McGreevey is to join Invesco as head of Invesco Fixed Income on 28 November, 2011. Based in Atlanta. he will assume responsibility for the day-to-day business oversight of Invesco’s fixed income business, and willreport to Karen Dunn Kelley, senior managing director.
“I‘m pleased that Greg McGreevey, a respected industry veteran with 25 years’ investment and leadership experience, is joining Invesco,” says Kelley. “With his broad knowledge of the industry and strong investment background, McGreevey is uniquely qualified to continue taking Invesco’s fixed income business forward.”
McGreevey says, “I am delighted to join such an outstanding asset management organization.
In October, after plummeting for five months, the equity market displayed astonishing versatility, with the S&P 500 index registering a positive double-digit return (+10.93%), its best monthly performance over the past twenty years, supported by a strong fall (-13%) in implicit volatility (30.0%), says EDHEC. Although it has not recovered from the cumulative loss over the past five months (-16.26%), the S&P 500 index renewed with YTD profitability.
The bond market also brightened as both regular bonds (+1.07%) and convertible bonds (+5.36%) recorded their best score over the past year. On the commodities market (+9.64%), the rebound was impressive but
The US Commodity Futures Trading Commission (CFTC) has filed a complaint in federal court in Santa Ana, California, charging defendants Robert J Cannone of Laguna Niguel, Thomas B Breen of San Juan Capistrano, Francis Franco of Anaheim, and their company National Equity Holdings, Inc. of Laguna Niguel, with fraudulently operating a USD1.4 million commodity futures pool and with registration violations.
The CFTC complaint, filed in the US District Court for the Central District of California, alleges that from at least May 2009 through at least May 2010, the defendants fraudulently solicited and accepted at least USD1.4 million from 20 or
Patrician Asset Management has launched the Citizen Entertainment Fund to focus on debt investments in media companies. CEF’s first investor is a major European public company.
The fund is a low volatility, non-correlated debt fund and is managed by Film industry veteran’s David Forbes and Brian Gilmore. CEF will focus on providing loans for print and advertising, production, completion, and the broader media space, designed to generate investor returns of 16% or more after fees.
David Forbes, the Senior Portfolio Manager, has 30 years’ experience managing funds for Fox, MGM/UA, Orion Pictures, and Columbia has generated revenue for the studios
S&P Capital IQ’s equity research team invite you to join us for an hour’s look at our expectations for 2012, and our sectors and stocks to watch.
The seminar will be held on Wednesday 7 December 2011, at Pewterer’s Hall, London
Click here to register
Topics and speakers include:
The World in 2012: Expectations for European markets in 2012 and key themes
Robert Quinn, Chief European Equity Strategist, S&P Capital IQ
An overview of sectors and our selection of single stock equities (‘Power Picks’)
Alessandra Coppola, Director of Equity Research, S&P Capital IQ
View the seminar agenda
Register by 1
The Lyxor Hedge Fund Index was up 0.75% in October as the hedge fund industry rebounded. Year-to-date performance as of October 2011 is down 5.85%.
The top performing strategies over the month were Lyxor L/S Equity Long Bias Index (+5.59%), Lyxor Special Situations Index (+3.76%) and Lyxor Fixed Income Arbitrage Index (+2.91%).
The Lyxor Hedge Indices are investable, asset-weighted indices, designed to offer investors straightforward access to hedge fund performance. The indices are based on Lyxor’s managed account platform that covers all the major hedge fund strategies and benefits from a high level of transparency and risk control, while ensuring
The Securities and Exchange Commission has filed an emergency enforcement action to stop a fraudulent scheme targeting investors seeking coveted stock in Internet and technology companies like Facebook and Groupon in advance of a public offering.
The SEC alleges that Florida resident John A Mattera and several other individuals carried out the scam using a newly-minted hedge fund named The Praetorian Global Fund. They falsely claimed that the fund and affiliated Praetorian entities owned shares worth tens of millions of dollars in privately-held companies that were expected to soon hold an initial public offering (IPO) including Facebook, Groupon, and others.
By Commissioner Scott D O’Malia – The Commodity Futures Trading Commission (the “Commission”) has confirmed that our Division of Enforcement is investigating MF Global, Inc. (“MF Global”) for possible violations of the Commodity Exchange Act (“CEA”) and/or Commission regulations. I fully support the Commission’s efforts to conduct a thorough investigation to determine what happened with the customer funds, how we can return all customer funds as soon as possible, and punish any wrongdoing.
Segregation of customer funds is fundamental to our markets. The CEA expressly prohibits intermediaries like MF Global from (i) commingling customer and proprietary funds (i.e., house funds)
Forward Management has launched the Forward Global Credit Long/Short Fund offering a (hedge-style) long/short strategy focused on the corporate debt sector. The new fund complements the long-only Forward EM Corporate Debt Fund (FFXRX) introduced in May, 2011. Both funds are managed by SW Asset Management, LLC, a Newport Beach, CA-based asset manager that specialises in global credit markets.
"Our new long/short fund is designed for investors who want broad exposure to debt opportunities around the world, but are also concerned with volatility and interest-rate risks," says J Alan Reid, CEO of Forward Management. Reid said the new fund has
