03/02/2012
HSBC Holdings, the New York-based hedge fund administration division of HSBC Securities, is to close its New York office and transfer its operations to Dublin, resulting in the loss of 200 jobs,
according to reports Friday.
03/02/2012
Today: Lansdowne flagship returns 5.7% in January; Cohen moves closer to buying New York Mets; HSBC admin unit in US to close; Kyle urges pension to stick with gold hedge; and more...
03/02/2012
Boyer Allan Investment Management, one of London’s longest-running hedge fund managers, is to shut, HFMWeek can confirm.
02/02/2012
Malta-headquartered ML Capital plans to launch two new funds this quarter on its Ireland-domiciled Montlake Ucits platform, it said in a statement Thursday.
02/02/2012
The further development of the European debt crisis and macroeconomic trends in the US and Eurozone are among the key factors that will drive global markets this year, according to Credit Suisse's
global CIO for asset management and private banking, Stefan Keitel.
02/02/2012
State Street Global Markets, the investment research, trading and securities lending arm of State Street Corporation, has appointed John Minderides to head up its portfolio solutions business for
the Emea region, detailed a company statement Tuesday.
02/02/2012
The $7.6bn County Employees’ and Officers’ Annuity & Benefit Fund of Cook County, Illinois, has hired three funds of hedge funds, marking the pension’s first steps into the
hedge fund arena, HFMWeek can exclusively reveal.
02/02/2012
BNP Paribas is considering adding trading capabilities and other functionality to its recently launched iPad app for the prime brokerage business, according to John Bruno, global head of prime
brokerage technology at the bank.
02/02/2012
US college and university endowment allocations to hedge funds remained relatively consistent between FY2011 and the previous year, the latest Nacubo-Commonfund Study of Endowments (NCSE) report
has revealed.
02/02/2012
Lyxor Asset Management CEO Laurent Seyer has left the firm in order to “pursue other opportunities”, it was announced Thursday.