Big Companies Choosing Hybrid Pension Plans, Says Watson Wyatt The shift to so called hybrid pension plans by larger employers appears to be slowing and perhaps responding to different motivations, according to new analysis from Watson Wyatt Worldwide.A third of
Man Investment Products launch its latest capital guaranteed structured product on Monday. Man AP Strategic Series 2 Ltd ("Series 2"), which will be available in both US$ Class and Euro Class Bonds, aims to achieve medium term annualised growth of
Better late than never, the Man authorities reckon. Two and half years after its government passed legislation designed specifically to attract hedge funds, the Isle of Man is finally taking off as a hedge fund location. At the end of
Credit Suisse First Boston (CSFB) announced today that Rod Barker had joined the Firm as a Managing Director, to head European Prime Brokerage Sales and coordinate the distribution of all equity products to hedge funds in Europe. He will report
There is no successful business which the tax authorities do not get around to plucking eventually, and hedge funds are no exception. A post Budget consultation paper issued today by the UK Inland Revenue threatens to restructure the eighteen year
Dresdner Kleinwort Wasserstein has hired another Deutsche banker, this time in equity hedge fund sales. Jean Pierre Engele, previously with Cross Asset Management as well as Deutsche Bank's relative value sales team, joins as a Director in the Equity Hedge
The Optima fund of hedge funds is up 3.3 per cent net of fees in the year to date, a performance which is eleven times better than the S & P 500 in the same period says the firm. "Too
Man Group plc, the hedge fund manager and futures broker, announced today that its Man AP Strategic Series 1 Ltd had raised the equivalent of over US$280 million in two currency classes Euros and US dollars. Man AP Strategic was
Brennan Succeeds Bolsover at Baring Asset Management Baring Asset Management, a unit of ING Group, has appointed David Brennan chairman and chief executive, effective July 1.Brennan has been with the company for 14 years and has been chief executive of
According to a report in Alternative Investment News, Bob Sloan has stepped down as head of the prime brokerage group at CSFB. In a further sign of the growing importance of a derivatives capability to prime brokerage today, it is