Latest News
The SEC has settled its civil action against Theodore Charles Sihpol III, formerly a registered representative with Banc of America Securities LLC (BAS).
The Commission’s Complaint, filed in the Southern District of New York, alleges that Sihpol played a key role in enabling Canary Partners LLP (Canary), a hedge fund customer of BAS, to engage in late trading in shares of mutual funds sold by BAS and others.
Late trading refers to the practice of placing orders to buy or redeem mutual fund shares after the time as of which a mutual fund has calculated its net asset value (NAV)
The Chicago Mercantile Exchange is launching an incentive programme for commodity trading advisors and hedge funds that are active in FX markets.
The nine-month reduced pricing incentive pro
The August 2005 return for the Fimat Volatility Arbitrage Median (FVAM) is +0.51%.
Emerging markets investment specialist Charlemagne Capital, has appointed KC Reddy as the firm’s new Senior Portfolio Manager for Asia.
Reddy, who has more than 12
Refco Inc has reported significant volume increases on its professional and institutional FX trading platform, FX ProTrader.
REFCO FX ProTrader platform provides ac
Wood Creek Capital Management, LLC has appointed Avtar Vasu as the firm’s new Chief Investment Officer.
Wood Creek is a joint venture of Norfolk Management Group, LLC, an investment holding company specializing in alternative investments, and Babson Capital Management LLC, a leading US investment management firm.
Vasu, formerly a Vice President in the Alternative Investments Group at Putnam Lovell NBF, will guide Wood Creek in identifying and developing the next generation of alternative investments which are focused on proven but still-emerging niche strategies such as non-bank finance strategies, investments in intellectual property rights, and trading strategies in non-financial sectors such
An increasingly important issue for hedge funds targeting European markets is the choice of domicile and listing.
Mellon HBV Alternative Strategies, a subsidiary of Mellon Financial Corporation, has established a specialist research team in Hong Kong to cover Asian markets.
Th
The Guernsey Financial Services Commission has introduced regulations that significantly open up the protected cell company (PCC) concept in the island. Until now
Peter Jones outlines the value-added S&P* fixed income securities evaluation services available to hedge fund managers and institutional investors.
