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Under the yoke

The Reserve Bank of India released its long-awaited draft derivatives regulations in early December. But far from opening the market up to a wider universe of products, dealers complain the derivatives market has been reined back in.

CQS to launch Asian volatility fund

CQS, the London-based hedge fund manager with €4.5 billion under management, is preparing to launch the CQS Asia Fund. The fund, to be managed by Jean-Christophe Blanc, will go live in the coming weeks. CQS is seeking to raise $250-$350 million, and will…

RBS hires European ABS & CDO sales head

Steven Hulett has been appointed to the new position of European head of debt markets asset-backed security and collateralised debt obligation sales at Royal Bank of Scotland.

CESR elects new chairman and vice-chairman

The Committee of European Securities Regulators (CESR) has elected Eddy Wymeersch, chairman of the Belgian Banking, Finance and Insurance Commission (CBFA) as chairman of CESR, and Carlos Tavares, chairman of the Portuguese Comissão do Mercado de Valores…

Citi opens prime brokerage office in Singapore

Citigroup has opened a prime brokerage office in Singapore. The US dealer says the move underlines its commitment to Singapore and the growing importance and growth of the Singapore hedge fund industry.

Deutsche hires to expand prime brokerage

Deutsche Bank has appointed Jeff Dorman as head of global prime finance in North America, replacing Mark Haas who has been promoted to the new position of head of business development for global prime finance.

Independent thinker

It took Tim Haywood quite some time to buy Julius Baer Investments free from the Julius Baer parent group. Now, at the group renamed Augustus Asset Managers Limted, he is casting his eye forward, he tells David Walker over a cuppa

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