04 Jul 2012
European Commission proposes legislation to improve consumer protection in financial services
The European Commission has presented a financial services legislative package designed to raise standards and remove loopholes for the…
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Man hires Judy Saunders from WMPF to advise UK institutional team
Man Group has appointed Judy Saunders as a senior adviser on a consultancy basis to its UK institutional team. Saunders takes on the role…
03 Jul 2012
Second consecutive month of record trading volume at CBOE Futures Exchange
The CBOE Futures Exchange says June 2012 was the most-active trading month in CFE history and the second consecutive month of record…
Daiwa sells global asset services division to SMTB
Daiwa Securities Group has signed a sale and purchase agreement to transfer its global asset services division to Sumitomo Mitsui Trust…
Equity market neutral, macro and volatility most sought after strategies in Ucits space
Equity market neutral, macro and volatility strategies are likely to be the most popular allocations in the next six months, according to a…
Average daily volume of 11.0 million contracts at Eurex Group in June
In June 2012 the international derivatives markets of Eurex Group recorded an average daily volume of 11.0 million contracts, down from…
Diamond resigns from Barclays
Bob Diamond has resigned as Chief Executive and a Director of Barclays with immediate effect. Marcus Agius will become full-time Chairman…
ABS Investment Management launches emerging markets equity long-short hedge fund
ABS Investment Management, a global equity long/short fund of hedge funds manager with over USD3.75bn under management, has launched its…
02 Jul 2012
Middle office outsourcing and the changing landscape of the hedge fund ecosystem
By Thomas Zdon – A year or two on from the financial crisis Hedge Fund firms were still reeling from the impact of the market on the…
SEC charges Peter Madoff with fraud and false statements to regulators
The Securities and Exchange Commission has charged Peter Madoff, the brother of Bernie Madoff, with committing fraud, making false…
CFTC approves guidance on cross-border application of Dodd-Frank swaps provisions
The Commodity Futures Trading Commission has approved for public comment proposed interpretive guidance regarding the cross-border…
Monsoon Capital lists on AlphaMetrix
Monsoon Capital has listed its Monsoon Asia-Pacific Systematic Fund as a Transparent Fund on AlphaMetrix. The Monsoon Asia-Pacific…
ESMA proposes remuneration guidelines for alternative investment fund managers
The European Securities and Markets Authority has published a consultation paper on proposed guidelines on remuneration of alternative…
Krusen Capital partners with Atrato Advisors
Krusen Capital Management, a hedge fund and private equity advisory firm, has partnered with Atrato Advisors to provide independent…
MiFID II proposals will impact liquidity, trading costs and ability to raise capital, says TABB study
With an important vote looming in the European Parliament’s Economic and Monetary Affairs Committee on MiFID II on July 9, TABB Group…