23 Jul 2009
Investor groups urge SEC to require ESG disclosure
More than 50 major investment firms and professionals have joined the Social Investment Forum in calling on the Securities and Exchange…
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22 Jul 2009
Carey Olsen appoints John Kelleher as chairman
John Kelleher has been appointed as chairman of law firm Carey Olsen, which has offices in Guernsey, Jersey and London.John Kelleher has…
Hedge fund industry assets surge in Q2, says HFR
Assets invested in the hedge fund industry increased by USD100bn in the second quarter of 2009, ending at USD1.43trn, according to figures…
Morningstar 1000 Hedge Fund Index posts largest quarterly increase
The Morningstar 1000 Hedge Fund Index posted its largest quarterly increase in the second quarter of 2009, up 9.25 per cent. The…
Surge in algorithmic trading boosts electronic platforms
A surge in algorithmic trading helped drive a significant increase in the share of US equity trading volumes executed via electronic…
Bermuda passes company and partnership legislation
The Bermuda government has passed a series of legislative amendments to improve the efficiency of international business in Bermuda. The…
BlackRock second quarter income at USD1.59 per share
BlackRock has reported second quarter 2009 net income of USD218m, or USD1.59 per diluted common share. BlackRock has reported second…
Long/short equity managers benefit from shift to defensives
Long/short equity managers who maintained a cautious stance through the recent market run-up appeared to be positioned to profit as markets…
Managed futures managers struggle in June, says Lipper Tass
Managed futures managers were hit in June by the lack of a clear trend as intra-month volatility spikes resumed across a number of asset…
Cantor Fitzgerald creates prime brokerage business
Cantor Fitzgerald has appointed Noel Kimmel as senior managing director to head its new prime brokerage business. Cantor Fitzgerald has…
21 Jul 2009
Barclays Wealth appoints head of global investment and product office
Barclays Wealth, the global wealth manager and adviser, has appointed Mitch Cox as managing director and head of the global investment and…
Credit Suisse asset management forms alliance with Reservoir Capital
Credit Suisse's asset management division has entered into an alliance with Reservoir Capital Group, a privately held investment firm, to…
Man invests USD50m in 5:15 Capital Management's flagship product
Man Investments has made a USD50m long-term investment in 5:15 Capital Management's flagship product through its hedge fund ventures…
Oakley fund's assets up 75 per cent since January
Oakley Absolute Return, a fund of hedge funds, has increased its assets under management by 75 per cent since formally opening to outside…
Duquesne to vote against merger of Alpha Natural Resources
Duquesne Capital Management, the largest shareholder of Alpha Natural Resources, has decided to vote against the proposed merger with…