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Steven Harmelin, the receiver for Philadelphia Alternative Asset Fund and related entities, has reached an agreement with MF Global to settle litigation brought by the receiver against MF
President Vladimir Putin supports First Deputy Prime Minister Dmitry Medvedev, chairman of Russian gas monopolist Gazprom, as a presidential candidate.
Ken Griffin’s Citadel Investment Group has agreed to plough in USD2.25bn in embattled discount brokerage E*Trade Financial Corp.
FXMarketSpace, the centrally-cleared, global foreign exchange platform for the OTC market, has unveiled a profit share programme that will allocate 37.5 per cent of its profit between its
Credit Suisse is now trading Structured Exotic Foreign Exchange Options on its new internet platform, Merlin.
TrimTabs Investment Research and BarclayHedge report that hedge funds posted an estimated inflow of USD 16.0 billion in October, the lowest since January 2007, but well ahead of inflows in
London-based Explorer Capital has launched The Explorer Russia Fund, a dedicated long/short equity fund seeded by DB Advisors Capital Management, part of Deutsche Bank’s Asset Management d
LCH.Clearnet is expanding clearing services for EU Carbon Allowances (EUA) and is introducing clearing for Certified Emission Reduction (CER) contracts early in 2008.
Pension funds, endowments and foundations that responded to a recent survey across the world are forecasting that over the next two years they will dedicate an even larger slice of their t
Multi-faceted investment and advisory services firm, Carl Marks, has partnered with BlueStar Capital Management to launch the BlueStar CM Life Sciences Focus Fund.