03 Oct 2008
Advent completes acquisition of Tamale Software to extend front-office presence
Advent Software, a provider of software and services for the investment management industry, has completed its acquisition of research…
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Hedge funds set for "worst month in a decade", says Hennessee
Hedge funds are set to report the worst month for the industry in a decade, with the average fund down between 5 and 9 per cent in…
Managed Funds Association praises SEC for backtrack on public shorting disclosures
While regretting the extension by the Securities and Exchange Commission of its temporary ban on the short selling of financial stocks,…
Jersey sees fund industry resilience in launch of 26 unregulated funds
The launch of 26 unregulated funds in Jersey since their introduction on February 19 this year represents a solid start for the unregulated…
Financial world waits on House of Representatives as bailout goes to second vote
The US House of Representatives is poised to vote again on the bill that would authorise the government to buy up to USD700bn in toxic…
SEC extends measures restricting short selling until October 17
The Securities and Exchange Commission has announced that it is extending its temporaryprohibition of the short selling of financial stocks…
Hedgeweek Commentary: Behind the hedge fund news
John Paulson is continuing to make hay while the financial storms rage.John Paulson is continuing to make hay while the financial storms…
GLG "pressing administrators" to clarify exposure to Lehman Brothers International
GLG Partners has written to investors saying that it estimates the combined direct exposure of its funds to Lehman Brothers International…
Crisis-led demand for derivatives pushes Eurex to record trading volume in September
International derivatives exchange Eurex saw a new record month in September with 229.4 million contracts, not including the trading volume…
02 Oct 2008
European Midday Report: Shares rise for third day in a row as US bailout progresses through voting sessions
European markets rose for a third day, led by UBS and Fortis.European markets rose for a third day, led by UBS and Fortis. By midday in…
Hedgeweek Comment: Turmoil, what turmoil?
Pick up any financial newspaper or business section from the past few weeks and you will find it very hard to come across a positive…
Corazon Capital opens Alternative Investment Fund to outside investors
Corazon Capital, the Channel Islands-based alternative fund of funds manager formerly known as Dawnay Day Milroy, has announced the opening…
Companies and institutions disagree on short selling ban, says Greenwich survey
A majority of institutional investors think the US Securities and Exchange Commission, the UK Financial Services Authority and other global…
Completion of Amex acquisition extends NYSE Euronext's US ETF leadership
NYSE Euronext has completed its acquisition of the American Stock Exchange, enhancing its US leadership in the field of exchange-traded…
01 Oct 2008
Guernsey fund administrator Legis appoints managing director
Guernsey-based fiduciary and fund administration firm Legis Group has announced the appointment of Alison Mahoney from Barclays Wealth as…
