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London-based Integrated Asset Management has lost its second Finance Director in the space of six months.
Raminder Panesar resigned as Group Finance Director and Co
Harcourt AG has acquired a minority equity stake in MSS Capital, which runs the managed account platform underlying the FTSE Hedge investible indices.
MSS Capital i
HSBC Securities Services has come top in a global survey of the world’s best regional and country sub-custodians.
The survey results were part of Global Finance ma
A new research paper from Edhec shows how the alpha benefits of using fixed-income derivatives can be successfully transported to a core investor portfolio.
The pap
Chantal Mazzacurati has been appointed head of BNP Paribas’ Alternative Investment Management and Structured and Indexed Management teams.
She has also been made re
Alliance International, an affiliate of Asset Alliance, has hired Aurum Funds’ Emily Porter as a Senior Analyst.
Ms.
Zurich-based Palomar Capital Advisors Ltd. has announced the first closing of a fund of funds dedicated to the structured credit area.
Palomar Structured Credit Strategies Ltd. invests in a portfolio of hedge funds employing a variety of directional and hedged strategies in the asset-backed securities markets, including collateralised debt obligations and mortgage-backed securities.
 “We are delighted to have raised in excess of USD 40m at a first closing” says Markus Kroll of Palomar, “in particular given the current environment in the structured credit market, but our seed investor understands that where there is volatility, there are opportunities.” The fund was
The Guernsey Financial Services Commission and Hong Kong’s Securities and Futures Commission have signed a Letter of Intent for enhanced cooperation.
Peter Neville,
New York-based FoHF manager Cadogan Management LLC has opened an office in London, with James Wilmot-Smith joining as Managing Director.
Cadogan has USD 1.6 billion
The US blue-chip Dow Jones Industrial Average rose 2.60% in May, closing at 10457.80.
