24 Mar 2011
Och-Ziff being sued in Singapore by ex-Morgan Stanley’s Zain Fancy
Two units of New York hedge fund Och-Ziff Capital Management Group LLC are being sued by ex-employee, Zain Fancy, in Singapore reported…
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Daiwa appoints Joost Lobler head of sales for Asia (ex Japan) for Global Asset Services
Daiwa Capital Markets Hong Kong, part of Daiwa Securities Group Inc. is pleased to announce the appointment of Joost Lobler as Head of…
Algorithmics launches Algo Strategic Business Planning
Algorithmics, a provider of enterprise risk solutions, has launched Algo Strategic Business Planning, a product that provides a banks’…
Paladyne FastStart sees record growth in Asia-Pacific region
Paladyne Systems' hedge fund solution Paladyne FastStart is experiencing record growth in the Asia-Pacific region and the company has…
Comment: A rise in interest rates will not cure Britain’s inflation woes
A rise in interest rates is not the answer to rising inflation warns Lawrence Galitz of ACF Consultants, after UK Chancellor George Osborne…
Hedge fund IT spending to grow at compound rate of 4.4% annually between 2009 and 2014, says new Celent report
Hedge fund IT spending in North America is expected to grow at a compound annual rate of 4.4% (USD231 million) from 2009 to 2014, with Asia…
HedgeOp opens San Francisco office
HedgeOp Compliance, LLC, a provider of consulting services for private fund advisers and specialised compliance software for a wide array…
Ardel promotes Desmond and Martel to director roles
Ardel has promoted two senior members of staff to director roles within the company. Steve Desmond is now director of Ardel Fund Services…
BVI bucks trend among offshore financial centres by boosting GFCI rating
The British Virgin Islands (BVI) has reversed recent trends by becoming the only offshore financial centre to have its rating boosted in…
23 Mar 2011
Brown Brothers Harriman Foreign Exchange opens new Hong Kong desk
Brown Brothers Harriman’s (BBH) Foreign Exchange has opened a new FX desk in Hong Kong, offering access to a full array of 24-hour foreign…
Comment: Looking at Dodd-Frank outside (the US)
Dermot Butler (pictured), Chairman, Custom House Group Fund Services, outlines some of the key exemptions for investment advisers under the…
Jersey reports impressive growth in funds at the end of 2010
The Jersey funds industry continued to perform strongly during the final quarter of 2010 with increases both in the value of funds under…
New Alpha announces the initial closing of its fourth hedge fund seeding vehicle, NewAlpha genesis 4
NewAlpha 4 Genesis has completed its first closing of USD150 million raised from French and Swiss institutional investors. NewAlpha Asset…
Outlook stable for hedge funds in 2011, says Moody's
The 2011 credit outlook for hedge funds is stable overall, with signs of improvement underpinned by the industry's positive performance and…
CFTC and State of California charge The Trade Tech Institute over CTA fraud
The US Commodity Futures Trading Commission (CFTC) has announced that a federal court in Los Angeles entered a restraining order against…
