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Sydney-based Global Trading Strategies, established by three former Goldman Sachs JBWere Pty.
September concluded what has been one of the worst quarters for hedge funds since 2008.
Swiss fund of hedge funds firm, Gottex Fund Management, has appointed Steven Lee Hyungwk as marketing direct
Former Tiger Asia Management employee John Jahng is believed to be making plans to launch an Asia-focused hedge fund reported HFMWeek this week.
The Honourable Joseph A.DiClerico for the United States District Court for the District of New Hampshire has granted the SEC’s Motion for Voluntary Dismissal of Defendant Koji Goto and Relief Defendant Shaleen Cassily in an enforcement action the Commission filed in 2003.
The Commission moved to dismiss the action after Goto was sentenced to up to 75 years in prison and ordered to pay USD3.2 million in restitution in a parallel state criminal proceeding, was found incompetent by a court to face further trials, and had all of his assets liquidated and distributed through a bankruptcy proceeding.
The Commission originally
Indus Capital Partners, LLC has announced the creation of two new positions to support the Europe Fund. There are now eight dedicated team members and AUM of approximately USD557 million.
Jianbo “Bob” Li, PhD has joined the Europe team as an Analyst responsible for Trading, Risk and Performance Analytics for the Europe Fund. Previously he was a Doctoral Student, Teaching Assistant and Research Assistant in Mechanical and Aerospace Engineering at Rutgers University. Dr Li holds BS and MS degrees in Mechanics and Engineering Science from Peking University and was awarded a PhD in Mechanical and Aerospace Engineering from Rutgers University.
Quintillion has been appointed by Absolute Return Partners LLP (ARP) to provide administration services to the ARP Halkin Mortgage Funds PLC, which launched on 21 September 2011.
The fund seeks to achieve capital appreciation and income on portfolios of Danish private market second lien residential mortgage loans and has been incorporated as an umbrella investment company with segregated sub funds in Ireland.
Absolute Return Partners LLP have appointed Halkin ARP Capital P/S, as investment advisor, to advise it on the acquisition of individual loans and portfolio construction. Halkin ARP, a Copenhagen based partnership, focuses on investment strategies in the private
JP Morgan Worldwide Securities Services (WSS) has named Kirit Bhatia (pictured) as Head of Technical Sales, Asia ex-Japan, as the firm continues to strengthen its client servicing capabilities and further align its business with its clients’ strategic growth plans.
Responsible for developing complex, integrated asset servicing solutions for JP Morgan’s Asia-based clients, Bhatia will oversee a team comprising experienced specialists across securities lending, collateral management, alternatives, fund services, transition management and transfer agency. Reporting in Asia Pacific to Shaun Parkes, Chief Executive Officer, Asia-ex Japan, JP Morgan Worldwide Securities Services and globally to Paul Wilson, International Head of Financing &
High frequency trading (HFT) strategies are rapidly being adopted in the FX asset class, with Celent estimating that 28% of volumes are executed through HFT, and HFT volumes are split across the interdealer and dealer-to-client segments. This is driving more firms to adopt HFT strategies, because spot is a preferred instrument of trade for the nonbank financial segment.
High frequency trading volumes in the foreign exchange asset class have been growing constantly over the past few years. This growth is primarily due to technological advances in foreign exchange trading, which have not only driven the cost of technology down but
International fund manager Managing Partners Limited (MPL) has signed a partnership deal with MIDF Amanah Asset Management Berhad (MIDF Amanah), the asset management arm of Malaysian Industrial Development Finance Berhad (MIDF).
The deal will give Malaysian investors the opportunity to exploit the steady incremental returns offered by life settlements. MPL is the only life settlement company to offer a Malaysian currency class to investors.
Established in 1960 as part of Malaysia’s strategy to accelerate industrial sector development, MIDF enjoys a strong position in many segments of the financial services industry today. Its core businesses include investment banking, development finance and
