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Arden Majewski will be joining CIBC in New York on 8 August as Managing Director and Global Head of Commodities Trading.
Majewski has over 13 years of commodities trading experience and joins CIBC from a large independent energy trading firm in Houston. He has successfully designed and managed commodities trading desks, and has a record of building strong client relationships. CIBC believes that experience will help the firm continue to grow and strengthen its commodities business.
Majewski will report to Christian Exshaw, Managing Director and Head,Capital Markets Trading for the commodities trading business globally, and has local reporting accountabilities to Eric
Tom Winnifrith (pictured), manager of the SF t1ps Smaller Companies Gold Fund, has described the proposed US debt ceiling deal as a “pathetic compromise which will not convince anyone and which must cause US debt to lose its AAA rating very soon indeed". And he predicts that this will help drive gold to USD2100 oz before Obama faces re-election in November 2012…
Under the proposed deal the debt ceiling will now be increased to USD17.7 trillion from today’s USD14.3 trillion. In return Obama will work out how to cut spending by USD1 trillion over the next decade and in December
The Chicago Board Options Exchange (CBOE) has begun publishing values for the CBOE VIX Tail Hedge Index (ticker symbol: VXTH(SM)), the latest addition to a suite of CBOE strategy indexes designed to manage equity risk.
VXTH, which tracks the performance of a hypothetical S&P 500 investment portfolio protected against tail risk by using VIX calls, provides investors with a benchmark for VIX-based "tail risk" hedge strategies. Tail risk is the risk of a sudden and steep drop in the S&P index.
"CBOE continues to leverage its research and development expertise to further develop the volatility frontier," says CBOE Chairman and
Last month saw the Institutional Investor Committee (IIC), chaired by Douglas Ferrans, announce the creation of a newly formed Advisory Council. The nine-member board will meet on an ad hoc basis to discuss pertinent issues affecting the institutional investor community. In the first of a series of interviews with the Advisory Council, Hedgeweek spoke last week to Alan Brown (pictured), Group Chief Investment Officer at Schroders.
“I’ve had some 37 years or so working in the institutional space, over which time I’ve been working for both American and UK companies so I think I’ve got fairly broad experience to bring
Proskauer has expanded its global Private Investment Funds Group and London office with the addition of Nigel van Zyl, Kate Simpson and Oliver Rochman as Partners.
Van Zyl and Rochman will join the firm from SJ Berwin, and Simpson will join from Kirkland & Ellis. They bring deep experience in the full range of matters related to the establishment and operation of private investment funds, and related investments and transactions.
“Nigel, Kate and Oliver are a tremendous complement to our private investment fund capabilities in London and around the world,” says David W Tegeler, global co-head of Proskauer’s Private Investment
Goldman Sachs is about to take on the market leaders in the UCITS platform space – namely BAML with its dedicated
Luxembourg’s Next Generation Absolute Return has taken the bull by the horns by deciding to launch a specialized UCITS investment management business: <
BNY Mellon Alternative Investment Services, long regarded as one of the industry’s leading hedge fund service providers, has had its reputation in the alternatives space further streng
Swiss hedge fund service provider, HedgePole, has launched two UCITS indices, reported FINalternatives this week.
Singapore Exchange (SGX) is appointing Christine Lie as Senior Vice President and Head of Listings (China) effective 1 November.
Lie will lead ongoing efforts to help companies from China tap the international capital market. She will also drive efforts to provide the more than 150 China companies listed on SGX with services which will help them reach out to investors. China companies account for over 20% of SGX’s 776 listed companies as at end June. She will report to Executive Vice President & Head of Listings, Mr Lawrence Wong.
Lie joins SGX from Hong Kong Exchanges and Clearing (HKEx) where
