Eurex Clearing is to go live with Europe’s first central counterparty (CCP) service for the bilateral securities lending market on 22 November. In order to ensure a smooth and efficient market establishment, Eurex Clearing’s lending CCP will commence operations with
"If you’d launched this fund in 2005, you would have needed to use a lot more leverage. Now, however, we’ve got a better volatility backdrop and opportunity set in a more schizophrenic market,” says Bob Jolly (pictured), Head of Global
Wall Street professionals can expect to receive flat to moderately larger year-end incentive payouts compared to the previous year, according to an annual compensation analysis released by Johnson Associates. The analysis found that this year’s incentives results are an improvement
Investcorp, a provider and manager of alternative investment products, is to acquire Scandinavia’s luxury retailer Georg Jensen for USD140m from private equity group Axcel Capital Partners. As part of this transaction, Investcorp has teamed up with David Chu, the luxury
The Credit Suisse Liquid Alternative Beta Index was down 0.64 per cent in October, according to Jordan Drachman, head of alternative beta strategies at Credit Suisse. The event driven strategy was the sole contributor to performance, finishing up 0.94 per
The Commodity Futures Trading Commission has supported the Trustee’s application for an expedited claims process in the MF Global, Inc. (MFGI) liquidation, and authorised the transfer of funds for customers with “cash-only” accounts outside of the claims process. In a
Industry research this month suggests that Asian investors, in particular, are starting to favour Asian hedge fund managers as the eurozone’s problems show no clear sign of abating and the US economy trundles along lethargically. If meaningful assets start flowing
Tiger Management has formed a partnership to focus on investing in Asian equities. Tiger Pacific Capital is a new investment company, whose founding partners are Run Ye, Junji Takegami and Hoyon Hwang. The individuals are experienced investors who were
The London Metal Exchange (LME) has appointed Chris Jones as the chief risk officer for LME Clear. Jones worked previously as a managing director and chief risk officer for LCH.Clearnet Group. During a 20-year career at LCH, Jones was at
Guernsey is planning to have two parallel regulatory regimes for investment funds as a way to best meet client needs when the EU’s Alternative Investment Fund Managers Directive (AIFMD) comes into force. Fiona Le Poidevin (pictured), chief executive of Guernsey
