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Reference published to aid new hedge fund managers
aima and goldman sachs produce alternatives reference manual
Pay for performance
As the hedge fund industry flourishes, the question of fair compensation packages for hedge fund managers is yet to be addressed
Gartmore opens in-house UK fund for investment
GROUP AIMS TO RAISE AN EXTRA $50M FOR UK SMALLER COMPANIES PORTFOLIO
Op risk loss exercise gets good response ahead of QIS 3
BASEL, SWITZERLAND - Global banking regulators said there was a good response from banks to the operational loss data collection exercise that the regulators launched in June to help them refine the op risk aspects of the Basel II bank accord aimed at…
WRMA adds to Asian presence
The Weather Risk Management Association (WRMA), the Washington DC-based trade association for the weather derivatives market, has added Hiroshi Matsui of Mizuho corporate bank to its board of directors, and named Hironori Kamezawa of The Bank of Tokyo…
BNP Paribas beefs up Asia credit derivatives team
French bank BNP Paribas is beefing up its credit derivatives team with new hires and transfers from its London office, according to Stéphane Delacote, head of Asian credit derivatives.
HSBC sets up NY prop desk
The UK's HSBC has set up a proprieatry foreign exchange trading desk in New York to be run by Dominic Larche.
JP Morgan Chase appoints equity derivatives co-head in Asia
JP Morgan Chase has appointed Andrew Cooper as co-head of its Asia-Pacific equity capital and derivatives markets (ECDM) division, a position he will share with the incumbent Nick Andrews.
Prince to head global investment at Citi, while Weill apologises
Charles Prince has been appointed chairman and chief executive of the global corporate and investment bank (GCIB) of Citigroup. His risk management responsibility will be assumed by Robert Willumstad.
Keeping volatility low at NIB International
The portfolio holds 60% in target return funds and has exposure to long-only funds
New broker dealer company offers access to hedge funds
firm aims to specialise in providing access to hedge funds
Tapping into the strength of the emerging markets
As the dollar reaches a par with the euro, many traders have been focusing on peripheral currencies in the emerging markets
Short but sweet
Although much criticised after 11 September, shorting is gaining in popularity and the FSA is looking into its impact in the UK