06 Jul 2012

EEX and TEİAŞ to cooperate on establishment of Turkish Energy Exchange

The European Energy Exchange and TEIAŞ, the Turkish Electricity Transmission Company, have signed a memorandum of understanding for a…

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06 Jul 2012

Credit Suisse LAB Index Up 1.40 per cent in June

The Credit Suisse LAB Index was up 1.40 per cent in June, according to Dr. Jordan Drachman, head of research for alternative beta…

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06 Jul 2012

HSBC appoints prime services sales head, Americas

HSBC has appointed Paul Busby as head of prime services sales, Americas, with immediate effect. Busby previously worked at Bankers Trust…

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06 Jul 2012

China rate cut shocks market

China’s central bank surprised markets by unexpectedly cutting interest rates for the second time in two months. Benchmark lending rates…

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06 Jul 2012

Consolidation in European funds of hedge funds needed but difficult, says Fitch

Fitch Ratings says the recent wave of consolidation in the hedge funds industry leaves just a handful of candidates for large scale…

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05 Jul 2012

Dymon Asia hires CEO, panel discuss prospects of Korea’s HF industry, Galaxy shutters Ucits fund…Factorial Management selects Imagine Software for front through back office support

In a continuing sign that Asian hedge funds are ramping up their operational infrastructures, Dymon Asia Capital (Singapore) Pte, Asia’s…

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05 Jul 2012

Cayman Court upholds restructuring arrangements and delineation of legal and beneficial interests

The Grand Court of the Cayman Islands last week handed down judgment in the closely followed case of Medley Opportunity Fund Ltd v Fintan…

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05 Jul 2012

ECB interest rate cut 'marginally beneficial' for the eurozone

Azad Zangana (pictured), European Economist at Schroders, on the ECB’s decision to cut interest rates to a record low…The European Central…

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05 Jul 2012

Xenfin to close FX fund

Xenfin is to close its FX fund after three and a half years of trading and return all funds to investors. Since inception the fund has…

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05 Jul 2012

SLI’s GARS secures EUR30m sales in five months

Standard Life Investments’ distribution partnership with Länsförsäkringar has secured over EUR30m sales in the first five…

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05 Jul 2012

SEC freezes assets of missing Georgia-based investment adviser

The Securities and Exchange Commission has obtained a court order to freeze the assets of a Georgia-based investment adviser who has…

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04 Jul 2012

Sumitomo Mitsui Trust downgrades Japan growth to 17.8%

Masashi Oda, Chief Investment Officer, Sumitomo Mitsui Trust Group on the latest activity in Japanese equity markets…Despite downward…

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04 Jul 2012

SGX derivatives, commodities, clearing volumes up

Singapore Exchange says derivatives, commodities and clearing activities grew in June from a year earlier while securities turnover was…

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04 Jul 2012

Multifonds launches Global Investor platform

Multifonds has launched Global Investor, which allows fund administrators to consolidate their investor servicing and transfer agency…

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04 Jul 2012

MarketAxess trading volume for June totals USD52.2bn

Monthly trading volume on MarketAxess, the electronic trading platform for US and European high-grade corporate bonds, emerging markets…

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