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Eurex is preparing to increase access by US and Asia-Pacific customers to its global benchmark products via Eurex US and its clearing partner CCorp.
The Chicago-bas
A local court in Frankfurt has started insolvency proceedings against Frankfurt-based derivatives brokerage Phoenix Kapitaldienst GmbH.
Last week, Germany’s financi
Rob Edwards of HedgeStart Partners LLP provides a snapshot of the key features in the UK Chancellor’s Budget for 2005/06Perhaps even more so than before, the level
Fixed income and currency specialist hedge fund Harmonic Capital Partners has appointed Phil Briggs as operations partner.
Briggs has had overall responsibility fo
The first closing of Cairn Capital’s Credit Opportunities Fund has attracted initial commitments in excess of USD 100m from UK, European and US investors.
Focusing
Key Asset Management Limited has appointed Shyam Moorjani as head of marketing with effect from 28 February 2005.
Chartered accountant Moorjani, who was head of in
PFPC Inc has consolidated its US and international alternative investment groups under one management structure headed by Joan Kehoe.
In her new role as president o
Martin Frewer has been appointed to the sales and account management team of the London branch of Fortis Bank Global Clearing.
Frewer, who will be responsible for b
The Securities and Exchange Commission has filed an emergency civil action to halt a USD 81m fraud by a group of Palm Beach-based hedge funds.
The SEC’s enforcement
GAM Multi-Arbitrage will re-open to subscriptions on 28 March 2005. This is the latest GAM fund to re-open to subscriptions.
GAM Multi-Arbitrage was capped on 23 February 2004 to protect existing investors and given the rate and volume of inflows at the time, to allow a period of consolidation in order to protect the desired blend and balance of investment strategies.
The total value of subscriptions accepted for each monthly dealing day will be limited to between USD 30 million and USD 50 million (net of redemptions).
GAM Multi-Arbitrage will also undergo some operational changes, including minor changes to the
