The Managed Funds Association (MFA) the voice of the hedge fund industry in the United States has hired Scott Parsons, Chief of Staff Chief Operating Officer at the Commodity Futures Trading Commission (CFTC) as Executive Vice President, Strategic and Government
US stock and bond funds experienced net inflows of $12 billion in June, according to data published yesterday by FRC. Domestic Equity funds led the way with net inflows of $8 billion, followed by International Global with a $5.6 billion
Was it Mohamed Ali who said boxing was about a bunch of white guys in black tie watching two black guys beat each other up? Thanks to the ingenuity of London boxing promoters, Mayfair Sporting Club and National Sporting Club
Derivatives Portfolio Management(DPM), the hedge fund administrator, has appointed Joseph G. Fallon as General Counsel. It is a new position. Robert M. Aaron, Chairman and CEO of DPM, says Fallon is responsible for protecting the company's legal interests worldwide and
JASDAQ, the OTC market for start up companies operated by the Japan Securities Dealers Association (JSDA), has announced it will apply for a licence to become a stock exchange in late September, with a view to starting operations in early
Tremont Capital Management, Inc. has appointed Jim Mitchell to the newly created position of Head of Investment Management, Europe. In this new position, Mitchell will lead Tremont's European research unit from London and will oversee the investment process of evaluating,
In the first half of 2004, GL TRADE generated turnover of €72.8m, an increase of 16.5%. This figure includes the acquisition of MSTS (London and Asia) and GLESIA (Italy). At constant exchange rates, turnover rose by 19.2%. GL TRADE is
State Street announced yesterday that Timothy B. Harbert, chairman and CEO of State Street Global Advisors, had died of a heart attack the previous night. "Tim's passion and energy were a driving force in the success of State Street Global
ABN AMRO is withdrawing the listing of its ordinary shares from a number of foreign stock exchanges. The shares will no longer be quoted on the London, Frankfurt, Hamburg, Dusseldorf, Zurich and Singapore exchanges. The withdrawal of the latter listing
LJH Financial Marketing Strategies and Asterias Ltd. have joined forces to offer hedge fund industry research reports, starting with a new France Hedge Fund Outlook 2004 publication. "As the European hedge fund industry continues to expand, more U.S. hedge fund