06 Apr 2009
Raiffeisen Centrobank first Austrian issuer on Scoach
Scoach has announced that all certificates issued by the Austrian Raiffeisen Centrobank are tradable on Scoach with effect from today.…
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Henderson Group receives shareholder approval to acquire New Star Asset Management
The shareholders of Henderson Group have approved the proposed acquisition of New Star Asset Management Group for GBP107m. The shareholders…
Société Générale Asset Management completes sale of SGAM UK to GLG Partners
Société Générale Asset Management has announces the completion of the sale of its London-based long-only asset management subsidiary, SGAM…
Comment: Mr Zwirn's bad timing
Daniel Zwirn is facing tough times. His firm, D.B. Zwirn & Co, is being eyed by a number of bidders as it tries to recover from a…
03 Apr 2009
Iosco welcomes G20 communiqué
The International Organization of Securities Commissions has welcomed the statement of the G20 as an endorsement of its recent work to…
PwC hedge fund leader queries G20 pledge on hedge fund regulation
Robert Mellor, UK hedge fund leader at PricewaterhouseCoopers, says the G20 communiqué is unclear as to whether the aim is to have further…
Fair value revisions would hurt hedge fund industry, says Pluris
Proposed revisions to the 'fair value' accounting standard, FAS 157, would weaken the standard and create inconsistencies in valuations,…
CFTC obtains USD86m order against commodity futures and options fraudster
The US Commodity Futures Trading Commission has obtained a federal court order against Texas resident George…
Industry welcomes G20's focus on financial stability, but says funds not to blame
Hedge fund industry representatives have welcomed the agreement among the G20 leaders in London to work toward stabilisation of the global…
Number of hedge funds down 1.3 per cent in 2008, says PerTrac
There was a 1.3 per cent drop in the number of hedge funds and funds of hedge funds included in major hedge fund databases over 2008,…
Comment: The devil's still in the details
The G20 summit has reached its conclusion with a united front, after a last-minute squabble with China about whether Hong Kong and Macau…
Joint founder of Man Investment's alternatives group to return to hedge funds
Hugh Dumas, the original marketing director for the alternatives business of Man Investments, has announced plans to move back into the…
02 Apr 2009
SEC halts multi-million dollar Long Island Ponzi scheme
The Securities and Exchange Commission has halted a multi-million dollar Ponzi scheme and frozen the assets of the Long Island-based…
Average daily volume of 12.2 million contracts at Eurex and ISE in March
An average daily volume of 12.2 million contracts was traded at the international derivatives markets of Eurex in March, down from 13.8…
Cardano hires two credit specialists
Cardano has appointed Fredric Hevras and Michelle Bellwood to its London-based investment management team. Cardano has appointed Fredric…
