Asset management
Wary about hedge funds
The German marketplace and government has not been particularly welcoming to hedge funds. Many are seen as a disruptive and negative influence on German companies. Nevertheless, some funds are keen to tap into the significant investor base one of the…
Insparo Africa and Middle East Fund: Insparo Asset Management
Frontier of investment
Oakley Absolute Return: Oakley Capital
Growing a good idea
Lawyers set for changing times
Despite increasing regulation, the mood in the offshore legal camp is buoyant. Joanne Harris reports
Tamalpais Global Partners Master Fund: Tamalpais Asset Management
Agile and prudent strategy pays off
New blood
Single-family offices are undergoing drastic remodelling to emerge in the image of the younger generation who now controls them. The next generation of family office leaders is making major operational changes, reports Margie Lindsay.
Manager profile: Peter Matthews, founder and managing partner of PJM Capital
Making a mint from science
On debt row
ALM
By the book
Russia's five-year old third pillar pension system started to expand just as the financial crisis swept across the globe - and a deadly combination of high inflation and low government bond yields leaves the sector facing a risk management conundrum…
Australia gives go ahead to LNG project
Australian federal environment minister Peter Garrett has granted approval for the Gorgan Project, one of the world's biggest liquefied natural gas (LNG) developments.
Opposition to US climate change legislation gathers pace
The American Petroleum Institute (API) has stepped up efforts to dissuade US Senators from passing cap-and-trade legislation in September.
RBS returns to market with NDFA after Keydata collapse
Royal Bank of Scotland (RBS) is launching back into the intermediary market with its new range of structured products after replacing its now insolvent administrator Keydata with NDFA.
Federal Reserve announces extension of Talf
The US Treasury and Federal Reserve confirmed on August 17 that the Term Asset-Backed Securities Loan Facility (Talf) will be extended from its scheduled finish at the end of this year to June 2010. Some market participants have taken the news as a sign…
US regulators told to expand stress-test programme
Daily news headlines
Dynegy announces further losses and asset sale
Wholesale power provider Dynegy has implemented a cost-cutting scheme and plans to sell nine power projects after announcing a $345 million second quarter net loss.
Survey reveals record £96bn deficit for FTSE 100 pension schemes
The financial crisis has plunged the pension schemes of the UK's 100 largest companies into a £96 billion deficit, according to a report by the London-based actuarial consultancy Lane Clark & Peacock (LCP).
MS hires ex-Quantum distribution head for structured products team
Morgan Stanley has appointed Neville Godley as vice president of its retail structured products distribution team in London. In his new role he will report to executive director, Marc Chamberlain.
TAQA to operate Brent system
TAQA Bratani, the UK arm of the Abu Dhabi National Energy Company (TAQA) is the new operator of the North Sea Brent System pipeline and facilities. TAQA acquired the assets from oil major Shell UK, which has owned and operated them since the mid 1970s.
Shorting and hedging with ETFs
ETFs can be sold short to hedge a portfolio of stocks, bonds, commodities or funds. Securities lending revenue on ETFs can be attractive for investors who own ETF shares. The lending revenue that can be earned on ETFs could more than cover the annual TER…