19 Oct 2009
OTC Derivatives Markets: Crises turn into Opportunities
Crises provide impetus for change.PARA_BREAK_SENTINEL_9f8e7d6cCrises provide impetus for change. The current financial turmoil will be no…
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Gartmore appoints Brian Mitchell as head of dealing
Gartmore has appointed Brian Mitchell as head of dealing.He will report to Dominic Rossi, Gartmore’s chief investment officer, and it is…
Queensland investment scheme promoter jailed
Brett Tony Best of Middle Park, Brisbane, has been sentenced to 13 years imprisonment for various charges related to operating an…
Guernsey reviews corporate tax regime
Guernsey is reviewing its corporate tax regime in line with its agreed fiscal and economic strategy. The island’s current “zero-10”…
Altis appoints John King as managing director
Altis Partners has appointed John King as managing director of its London branch.King joins Altis from BNP Paribas Fortis where he was an…
Stoxx launches Dow Jones Euro Stoxx 50 PutWrite Index
European index provider Stoxx has launched the Dow Jones Euro Stoxx 50 PutWrite Index. The index replicates a "reverse convertible"…
Comment: Making a virtue out of necessity
Guernsey, Jersey and the Isle of Man have announced that they plan to work together to review their fiscal arrangements after it was made…
Burford Capital completes USD130m IPO
Burford Capital, a commercial dispute investor, has completed its initial public offering on the Aim market of the London Stock Exchange.…
CFTC and SEC issue joint report on regulatory harmonization
The Commodity Futures Trading Commission and the Securities and Exchange Commission have issued a joint report identifying areas where the…
CFTC charges Florida resident and his Panamanian corporation with fraud and misappropriation
The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action against Trader’s International Return Network (TIRN), a…
18 Oct 2009
Comment: Are structured products suitable for the retail market?
Investment firms NDF Administration and Defined Returns Limited, which marketed products backed by the ill-fated Lehman Brothers, were…
Hedge funds compete with endowments, traditional asset managers for top talent
Hedge funds are now competing for talent with endowments, foundations, traditional asset managers, and asset management and proprietary…
Hedge funds gain 3.25% in September
Hedge funds added 3.25% in September according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is now up 20.05% in…
Credit Suisse/Tremont Hedge Fund Index confirms September performance up 3.04%
Final performance for the Credit Suisse/Tremont Hedge Fund Index is confirmed up 3.04% in September, according to Oliver Schupp, President…
EDHEC welcomes consultation paper on the UCITS depositary function
EDHEC has welcomed the European Commission's consultation paper on the UCITS depositary function, but believes the EC timetable has been…