PFPC has won the mandate to service the new KBC fund a Convertible Opportunities Fund, open to investors from 1st February 2002. The fund builds on the success of the KBC Convertible Arbitrage Fund launched last year, which earned the
Man Investment Products, an international alternative investment manager and part of Man Group plc, is soon to launch its latest capital guaranteed structured product. Man AP Strategic Series 1 Ltd (Man AP Strategic), which will be available in both US$
New York based hedge fund HBK Investments has filed suit against JP Morgan in the Southern District Court of New York, demanding payment on a $4 million credit default swap contract. A Dow Jones report said that at stake in
Deutsche Bank's Equity Prime Services division announced that it has formed a strategic alliance with Eze Castle Integration to provide technology consulting and IT support to its hedge fund clients. Under the agreement, Deutsche Bank clients will receive dedicated servicing
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
Reech Capital PLC has launched RiskHedge, a risk management engine for the hedge fund market, which will give hedge fund managers access to the kind of sophisticated risk technology formerly only available to large investment banks, at a cost specifically
Access to hot IPOs is one of the ways hedge funds gauge the quality of the service supplied by their prime brokers. News today that he Securities and Exchange Commission had filed charges against Credit Suisse First Boston Corporation (CSFB)
Hedge fund icon Monroe Trout, the 39 year old principal of Trout Trading Management, plans to retire after 14 years at the helm and sell the firm to CEO Matthew Tewksbury, 32, (the firm will eventually be renamed Tewksbury Capital).
According to a report in the New York Times today, four hedge funds specialising in distressed securities that lost over $120 million on Enron bonds are sueing Arthur Andersen (auditors to the company) and Banc of America Securities, Goldman Sachs
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different