01 Apr 2010
CFTC creates separate account class for cleared OTC derivatives
The Commodity Futures Trading Commission has approved final rules that create a sixth and separate account class, applicable in the event…
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SEC charges California man in multi-million dollar hedge fund fraud
The Securities and Exchange Commission has sued a California man for posing as a fund manager in a bogus hedge fund scheme. The SEC alleges…
I2BF appoints head of quantitative research
I2BF, an asset management group focused on renewable energy and clean technology, has appointed Denis Chigirev as head of quantitative…
Hedge fund study shows slight increase in assets but fewer funds
The number of hedge funds and funds of funds fell by approximately 8.6 per cent in 2009 but total industry assets rose by 5.5 per cent,…
31 Mar 2010
Managed futures up 0.4 per cent in February
Managed futures ended February in positive territory as managers were able to capitalise on long exposures to the short-end of the US yield…
BNY Mellon and Investor Analytics to provide stress tests for Reich & Tang
BNY Mellon Asset Servicing and Investor Analytics have been selected by Reich & Tang Asset Management to provide money market stress…
Fund.com acquires Weston Capital Management
Financial services company Fund.com has acquired Weston Capital Management, an originator and distributor of hedge funds. Founded in 1993…
AM Investment Partners and Bam Capital agree to merge
Alternative asset managers AM Investment Partners and Bam Capital have agreed to combine in a merger of equals, with each firm contributing…
Equities short selling 38 per cent down year on year
Short selling of global equities has fallen 38 per cent over the last year while investors have recently moved heavily into bank stocks,…
Gain to provide clearing services for Korea Investment & Securities
Gain Capital, a provider of online trading services, has been selected as a primary clearing partner for Korea Investment & Securities,…
Derivix secures investment from J.P. Morgan and S.A.C.
Derivix, a financial services software company, has secured investment from J.P. Morgan and S.A.C. Venture Investments, an affiliate of…
RWC registers US Absolute Alpha fund in Germany
RWC Partners has received authorisation for its Ucits III RWC US Absolute Alpha fund in Germany. The fund is a US equity long short…
30 Mar 2010
Virginia defendants fined USD4.6m to settle 2009 CFTC anti-fraud action
The US Commodity Futures Trading Commission has obtained more than USD4.6m in disgorgement and civil monetary penalties in a court order…
LCH.Clearnet launches clearing for credit default swaps
LCH.Clearnet has cleared the first credit default swap index contracts.Both regulators and market participants have been keen to see…
Jamie Ridyard joins FinAnalytica’s board of directors
FinAnalytica, a provider of portfolio risk solutions for multi-manager funds, hedge funds and asset management firms, has added Jamie…
