28 Aug 2007
Lehman Brothers launches foreign exchange indices
Lehman Brothers has launched the Lehman Brothers FX Indices, a set of benchmarks that tracks the performance of a long position in G10…
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24 Aug 2007
Bankrupt money manager Sentinel accused of misappropriating client assets
The Securities and Exchange Commission has accused Sentinel Management, the short-term cash manager for clients such as hedge funds and…
Solent Capital may be forced to wind down fund
London-based Solent Capital Partners has announced that it may have to sell off assets from its Mainsail II fund, which was launched with…
KKR affiliate admits to mortgage-backed securities woes
A publicly-traded affiliate of the venerable buyout firm Kohlberg Kravis Roberts has announced that it might face a USD200m loss on…
Hedgemedia's AltInvestment Global News Round-Up: Private equity giants postpone flotation plans
Private equity giant Kohlberg Kravis Roberts is delaying its USD1.25bn initial public offering.Private equity giant Kohlberg Kravis Roberts…
Independent equity research gains users, but commissions remain static
Equity analysts at buy-side institutions in the US appear to be increasing their use of independent research, according to a new study from…
Paladyne Systems opens client services operations centre in New Jersey
Alternative investment technology solutions provider Paladyne Systems has established a client services operations centre in Fort Lee, New…
AIR surpasses USD3bn in modelled catastrophe bonds in 2007
AIR Worldwide Corporation has announced it has provided risk modelling and analytical services for more than USD3bn in insurance-linked…
Investment firm head says traded life policies offer investors safe haven
Even a cut of 1 per cent in US interest rates will be insufficient to resolve the crisis in the US sub-prime mortgage market and dampen the…
SuperDerivatives hires MQSeries innovator Sam Somech as head of R&D
SuperDerivatives, a provider of multi-asset derivatives solutions provider for real-time option pricing, independent revaluation,…
23 Aug 2007
Deutsche launches db Magic Three II structured note on Warsaw exchange
Trading has begun on the Warsaw Stock Exchange of db Magic Three II, a structured note issued by the London branch of Deutsche Bank whose…
Deutsche Bank hires Grenfell from Macquarie as head of commodities for Asia
Deutsche Bank has appointed Simon Grenfell, previously an executive director and global co-head of the commodity markets division at…
22 Aug 2007
Indian markets unlikely to be rocked by market turmoil, says Hudson Fairfax
India's economy remains a good bet for international investors, with buoyant domestic demand and strong fundamentals, in spite of the…
Imarex hires King for tanker derivatives desk
Imarex, the operator of the International Maritime Exchange, an authorised and regulated marketplace for trading and clearing of maritime…
Hedge funds profit from sub-prime collapse, says Hennessee
Hennessee Group, an adviser to hedge fund investors and index provider, says that while some hedge funds focused on mortgage-backed…