10 Jan 2008
FXall trading volumes reach USD13.4trn in 2007
Leading global foreign exchange platform FXall has set a new mark for annual trading volumes of more than USD13.4trn in 2007, a 37 per cent…
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Blackstone agrees to pay up to USD930m for leveraged finance specialist GSO
The Blackstone Group has agreed in principle to acquire GSO Capital Partners, an alternative asset manager specialising in the leveraged…
09 Jan 2008
SunTrust's Trusco Capital Management takes minority stake in 130/30 specialist
Trusco Capital Management, an asset management subsidiary of the Atlanta-based SunTrust Banks financial group, has signed a definitive…
McDonald succeeds founder as chief executive of Conifer Securities
Jack McDonald has been promoted from executive vice-president to president and chief executive of Conifer Securities, a San Francisco-based…
ING Investment Management takes minority stake in Lincoln Vale
ING Investment Management Americas, the US asset management arm of ING Group, has taken a minority stake in Lincoln Vale, an alternative…
Hedge funds post modest gains in December, say index providers
Two of the six strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in December, and four of the six were up in the…
Albemarle Asset Management selects Advent Portfolio Exchange and Moxy
London-based Albemarle Asset Management, a financial adviser and investment manager that emphasises capital preservation and risk…
08 Jan 2008
Société Générale splits global hedge fund relations leadership
Société Générale Corporate & Investment Banking has appointed Paul Wiltshire and Pascal Vallot as global heads of hedge fund relations,…
HSBC appoints new head of alternative fund services in Singapore
HSBC has appointed Wout Kalis to head the Singapore operations for its alternative fund services business, the group's core provider of…
Custom House receives SAS 70 Type II Report
Dublin-based hedge Custom House Administration & Corporate Services has announced that it has become one of the first administrators to…
BlackSquare Capital launches global macro fund of funds
BlackSquare Capital, an independent London based asset management firm that specialises in alternative multi-manager investment products,…
07 Jan 2008
SWIP enters fund of funds market with two absolute return funds
Scottish Widows Investment Partnership has entered the UK fund of funds market with the launch of two absolute return funds, the SWIP…
New records for Eurex as 1.9 billion contracts are traded in 2007
The international derivatives exchange Eurex ended 2007 with record turnover of more than 1.9 billion contracts, a year-on-year increase of…
CFTC seeks to revoke registration of Worldwide Clearing
The US Commodity Futures Trading Commission has filed a notice of intent to permanently revoke the registration of Worldwide Clearing of…
Bermuda fund administrator Apex sets up Malta operation
The Apex Group, which launched as a provider of fund administration services in Bermuda in 2003 and has more than USD5bn in assets under…