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History suggests that periods of market dislocation such as the present produce shifts in returns such that it is impossible to predict with any ce
Fidessa group, a provider of trading systems, market data and global connectivity, has announced that BNY ConvergEx Group, a provider of global agency brokerage and investment technology s
UK insurer Prudential has appointed Harvey McGrath, former head of the listed hedge fund manager Man Group, as chairman in succession to Sir David Clementi, a former deputy governor of the
Despite ‘a difficult and challenging period’ for the entire financial industry over the first six months of 2008, Switzerland-based alternative investment manager Harcourt Investment Consu
More than 90 per cent of hedge fund managers polled for a new study by Greenwich Associates believe that counterparty risk in credit default swaps represents a serious threat to global fin
After the saga of Greg Coffey and GLG Partners, it is now the turn of US hedge fund manager Fortress Investment Group, which has lavished a USD300m share grant – thought to be at least one
Stamford, Connecticut-based Sorin Capital Management, an alternative investment firm specialising in commercial real estate debt and asset-backed securities, has appointed Matt Chasin as c
Auda International, a New York-based manager of hedge fund and private equity investments with some USD5bn under management, has appointed George Chacko as chief investment officer of its
Tora Trading Services, an electronic trading platform and liquidity provider for Asia, has opened a sales and support office in Singapore headed by vice-president Laura Hanson, formerly wi
The fund of hedge funds division of Pioneer Alternative Investments has launched the Luxembourg-domiciled Momentum AllWeather Feeder Fund, which provides access to its flagship Momentum Al