15 Dec 2008
Providing comfort in distressed markets
The unrelenting turbulence in the global financial markets is showing no signs of ceasing.PARA_BREAK_SENTINEL_9f8e7d6cThe unrelenting…
More
Eurex and Korea Exchange announce cooperation in derivatives trading
Derivatives exchange Eurex and Korea Exchange have announced a product cooperation agreement covering trading and clearing…
Merchant bank to focus on alternative asset management restructuring
Grisons Peak, the financial services investment bank, and IGS Group, an alternative assets advisory business, have announced the launch of…
Alliance Development and William Snyder fined USD3.65m in anti-fraud action
Alliance Development of Nevada and William Snyder of Washington have been ordered to pay restitution of USD550,000 and civil monetary…
Comment: Equity long/short - a solution for the long run
Mike Howard, head of long short equity at Ermitage Group, argues that unhedged long-only equity exposure has served investors poorly and…
12 Dec 2008
SEC charges Bernard L Madoff for multi-billion dollar Ponzi scheme
The Securities and Exchange Commission has charged Bernard L Madoff and his investment firm, Bernard L Madoff Investment Securities, with…
Comment: Emerging markets offer unprecedented opportunities for 2008 vintages
Shamillia Sivathambu of Argo Capital Management argues that the difficult global economic environment, which is forcing even healthy…
Appleby to focus on international corporate and private wealth markets from Zurich
Offshore law firm Appleby will open its latest office in Zurich on December 15, headed by partner Jonathan Vanderkar, who has been a member…
11 Dec 2008
NYSE Euronext migrates European bonds onto Universal Trading Platform
NYSE Euronext has migrated its European bond products onto its new Universal Trading Platform.NYSE Euronext has migrated its European bond…
CFA Institute and EDHEC Business School offer alternative investment seminar
CFA Institute and the EDHEC Risk and Asset Management Research Centre are extending their partnership in executive education events to…
Mark Devonshire takes distressed debt fund to Harbour Capital
Former Merrill Lynch prop desk co-head Mark Devonshire has taken his new distressed debt fund to Harbour Capital, the London-based hedge…
Hedge fund investors "exit emerging markets"
A sharp spike in investor risk aversion had a significant impact on hedge funds investing the emerging markets in the most recent quarter,…
Manager reports success for Assured's traded life settlement fund
Traded life policy Assured Fund 'has put rival investment classes into the shade', says fund manager Policy Selection.Traded life policy…
Florida court orders foreign currency options defendants to pay USD12m
The US Commodity Futures Trading Commission has obtained more than USD12m in restitution and civil monetary penalties against nine Florida…
IMF official to become Aima chairman amid leadership restructuring
Hedge fund industry body the Alternative Investment Management Association has announced the appointment of Todd Groome as its…