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NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX) is adding options on the shares in UNIT4 N.V. (ticker symbol: UNT) to its highly successful range of equity option classes. Trading in options on UNIT4 will start on 24 August. The new option class will be introduced on the Amsterdam derivatives market of NYSE Liffe.
Alan van Griethuysen (pictured), Business Head Benelux and Asia of NYSE Liffe, says: “With the listing of options on UNIT4 we are further expanding our equity option franchise on the central market. We are pleased investors in UNIT4 will also have access to our
The Hedge Fund Standards Board (HFSB) is launching an international drive to sign up more hedge fund managers in the US and Asia now that most leading European managers have become signatories.
The HFSB, which brings together investors and managers to promote high standards of practice in the industry, will also be seeking to bring more US investors on board.
As part of this process, the HFSB is consulting on a series of amendments to make the Standards more relevant internationally and to strengthen them in the light of the financial crisis.
Dame Amelia Fawcett (pictured), Chairman of
The Dow Jones Credit Suisse Core Hedge Fund Index finished up 0.20% in July led by gains in the Managed Futures sector.
Oliver Schupp, President of Credit Suisse Index Co., LLC, says: "The Dow Jones Credit Suisse Core Hedge Fund Index finished up 0.20% for the month with three out of seven sectors posting positive performance. Managed Futures experienced the most significant rebound, gaining 3.61% as long commodity and equity positions resulted in gains mid-month."
Separately, the Index’s website has been redesigned to offer users an enhanced and comprehensive interactive experience.
"Monthly performance for all sectors is available on
JMP Group Inc, an investment banking and alternative asset management firm, has appointed Kevin "KC" Lynch to president of Harvest Capital Strategies LLC, its asset management subsidiary. Lynch will also continue in his role as chief operating officer.
"Since joining in 2008, KC has been instrumental in building the institutional-quality infrastructure to position Harvest Capital Strategies for accelerated AUM growth," says Joseph A Jolson, JMP Group’s chairman and chief executive officer. "More recently, he has taken on the added responsibility of managing our fund raising efforts and has been actively involved in developing our strategic growth plan."
Prior to joining