03 Aug 2012
ECB - Draghi disappoints
After building up market expectations to near euphoric levels, ECB President Mario Draghi failed to deliver the policy to back up his…
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Credit Suisse Liquid Alternative Beta Index up 0.96 per cent in July
The Credit Suisse Liquid Alternative Beta Index was up 0.96 per cent in July, according to Jordan Drachman, head of research for…
Northern Trust names Tony Glickman to global client solutions role
Northern Trust has hired Tony Glickman in a global client solutions role focusing on its hedge fund services, custody, banking and…
SCA issues regulations for investment funds
The United Arab Emirates' Security and Commodities Authority (SCA) has issued board’s resolution No. 37 of 2012 concerning the rules of…
Eurex ADV is 8.1 million contracts in July
In July 2012 the international derivatives markets of Eurex Group recorded an average daily volume of 8.1 million contracts, down from 10.1…
McGladrey expands financial services presence in Connecticut
McGladrey, a provider of assurance, tax and consulting services, has expanded its financial services investment practice in Connecticut.The…
02 Aug 2012
Silk Road Finance launches Myanmar-focused investment bank, HK asset manager teams up with Brevan Howard
It’s not everyday you get to cover developments in the secretive south-east Asian state that is Myanmar. But this week it was announced…
Wake2o adds to sales team for hedge fund secondaries and primary distribution
Wake2o has appointed Charles Simeon as a director in its global hedge fund distribution business. The business comprises Wake2o hedge fund…
Gain Capital sees net income of USD4.4m in Q2
Gain Capital has reported net income of USD4.4m, or USD0.11 per share, and adjusted net income of USD5.0m, or USD0.13 per share, for the…
Bank of England on hold
Azad Zangana, European Economist at Schroders, on the Bank of England’s decision to leave interest rates at 0.5%…The Bank of England's…
Advisers Ho Ho and Qi Shou join SHFA
Ho Ho and Qi Shou have joined the International Advisory Council of the Shanghai Hedge Fund Association (SHFA). The SHFA is a…
Summit Partners raises USD520m credit fund
Summit Partners has raised a USD520m credit fund to address the borrowing needs of growing middle-market companies.This brings Summit’s…
Bacon to return USD2bn to investors
Louis M Bacon’s Moore Capital Management is planning to return USD2bn to investors due to ‘disappointing’ investment returns from its…
AMG increases investment in BlueMountain Capital Management
Affiliated Managers Group (AMG) has increased its investment in BlueMountain Capital Management, a credit alternatives manager which has…
MAS sets deadline for new regulatory regime in Singapore
The Monetary Authority of Singapore (MAS) has set the deadline for the official release of the new rules concerning fund managers for…
