28 Jun 2012
Capital Financial Global pursuing 40% interest in hedge fund
Capital Financial Global, Inc (OTC: CFGX), is in talks with a hedge fund to acquire a 40% interest in its management entity."We are hopeful…
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Thomas Siegl re-appointed to EEC Management Board
The Supervisory Board of the European Commodity Clearing AG (ECC) has re-appointed Dr Thomas Siegl as a member of the Management Board of…
Gutterman and companies to pay over USD2.5m over gold and oil commodities fraud
The US District Court for the Southern District of Florida has entered an order of default judgment and permanent injunction against…
27 Jun 2012
Court finds HF manager in civil contempt for failing to pay USD12m to defrauded investors
An Order Finding Defendants In Civil Contempt has been issued by a judge in the United States District Court for the Northern District of…
Finisterre Global Opportunity Fund appoints senior portfolio manager
Finisterre Capital, the long/short emerging market total return specialist, has appointed Darren Walker, formerly Managing Director at…
Emergence announces second seeding partnership
After a first investment in the credit strategy offered by Eiffel Investment Group in last May, Emergence has made its second seeding…
ESMA proposes rules on derivatives central counterparties and trade repositories
The European Securities and Markets Authority (ESMA) has launched a consultation on its technical standards under the Regulation on OTC…
Apex opens second US office
Apex Fund Services has opened its second US office in Miami, Florida. Apex has grown by 185% since 2009. Apex’s US operations are currently…
26 Jun 2012
Court approves SEC settlements with two former Bear Stearns hedge fund portfolio managers
The US District Court for the Eastern District of New York ahas approved Securities and Exchange Commission settlements with two former…
Tullet Prebion strengthens Asian-based AI team
Tullett Prebon has appointed Adrien Geliot to its Alternative Investments team. Geliot will be based in Hong Kong alongside Tim…
More hedge funds buying key man life insurance post-financial crisis
Talk about key man. More than USD600 billion is currently managed by hedge funds whose founders will turn at least 60 in the next decade,…
Lowering the cost of diversification
Short-term volatility remains likely, as policy makers in Europe – but also in the US – have a lot of fundamental problems to address.…
GlobeOp Forward Redemption Indicator measures 3.71% for June
The GlobeOp Forward Redemption Indicator for June 2012 measured 3.71%, up from 3.31% in May. “The June Forward Redemption Indicator is…
EEX spins off gas business into own company
The European Energy Exchange (EEX) will spin off the Natural Gas Spot and Derivatives Market into a separate company owned to 100 per cent…
Gottex approves share buyback proposal
Gottex Fund Management Holdings has announced a proposed share buyback by the company and the nominations of Dr Kevin Maloney and Dr…
