Tiger Global leads $60 million investment in India's Quikr
09/17/2014 4:22:24 PM ET
MUMBAI (Reuters) - Indian online classifieds portal Quikr has secured $60 million from backers led by U.S. investor Tiger Global Management LLC to boost product development and expand its mobile business, the company said on Wednesday [Sept.
Growing foreign fund influence a risk for emerging markets: BIS
09/15/2014 12:29:59 PM ET
LONDON (Reuters)—The global fund management industry is a potential source of risk for emerging markets because of its vast size and herd-like investor behavior that can exacerbate asset price fluctuations, a BIS report said on Sunday [Sept. 14].
Investigators turn bankers into informants in forex probe: report
09/15/2014 12:24:36 PM ET
NEW YORK (Reuters)—U.S. investigators have turned several bank employees into informants to gather evidence against some of their colleagues in the probe of possible manipulation of currency markets, The Wall Street Journal reported, citing people familiar with the matter.
State Street names Keogh head of alternative investment solutions in Asia
09/02/2014 12:24:58 PM ET
HONG KONG (Reuters)—State Street Corp., the world's second-largest standalone custody bank, said on Tuesday [Sept. 2] it appointed Bob Keogh as head of alternative investment solutions for the Asia Pacific region.
Citigroup names James Boyle as global head of equity derivatives
07/25/2014 3:26:55 PM ET
HONG KONG (Reuters)—Citigroup Inc. has named James Boyle as global head of equity derivatives, according to an internal memo, replacing Simon Yates who left for New York hedge fund Two Sigma Investments LLC in early July.
Buy Side Steps Up, and Streamlines: TABB Group Study
By Rich Blake, HedgeWorld
05/04/2010 10:02:17 AM ET
NEW YORK (HedgeWorld.com)—As money managers engage in increasingly sophisticated trading methods while encountering more compliance pressures, the push to invest in technologically advanced Order Management Systems (OMS), and separate Execution Management Systems (EMS), has never been greater, according to a soon to be released TABB Group study which surveyed 118 buy-side trading desks.
By HedgeWorld Staff
08/20/2008 3:59:29 PM ET
Penserra, BIDS Trading in Agreement
NEW YORK (HedgeWorld.com)—Agency broker Penserra Securities and BIDS Trading on Wednesday [Aug. 20] announced an agreement whereby Penserra's institutional investor client base will get direct access to the BIDS Trading crossing system.
UK traders gear up for long night before Scottish vote result
09/17/2014 4:52:58 PM ET
LONDON (Reuters) - London's trading rooms are gearing up for an extra long shift to cover Scotland's independence referendum and drafting in extra staff, anticipating a surge in activity when the result comes through early on Friday [Sept. 19].
Calm before the storm? Commodity volatility mired at low levels
09/17/2014 3:47:13 PM ET
LONDON (Reuters) - Commodity traders curse it while industrial users of oil, metals and grains applaud it.
Several years of low volatility on commodity markets have hammered profits for speculators and constricted trading opportunities, while providing stability for firms that buy such goods.
Global financial watchdog calls for FX fix reforms, urges banks to clean up
07/15/2014 12:44:18 PM ET
LONDON (Reuters)—The world's top financial regulator on Tuesday [July 15] urged deep-rooted change to how currency benchmarks are set, encouraging market players to tighten up their governance, practices and controls rather than imposing stringent new regulation.
The proposals come in response to allegations being investigated by regulators that dealers at major banks colluded and manipulated key reference rates in the $5.
Regulators lack data to probe shadow banking sector
05/02/2014 12:51:58 PM ET
LONDON (Reuters)—Shining a light on the murky $70 trillion world of "shadow banking" is proving tricky for regulators handicapped by too little data and under pressure to boost economic growth, and this means risks may be escaping proper scrutiny.
Shadow banking, a term which annoys the sector because of its pejorative connotation, ranges from money market funds and repurchase agreements to special investment vehicles, hedge funds and securities lending.
Lipper hedge fund performance - August 2014 - Dedicated Short Bias (all funds)
09/17/2014 6:07:27 PM ET
Editor's note: As of Sept. 17, three dedicated short bias funds in the Lipper Hedge Fund Database that are open to investment had provided return information for August 2014.
Lipper hedge fund performance - August 2014 - Convertible Arbitrage (U.S. funds)
09/16/2014 4:55:37 PM ET
Editor's note: As of Sept. 16, 2014, five U.S.-only convertible arbitrage funds in the Lipper Hedge Fund Database that are open to investment provided return information for August 2014.
Opinion: Past, Present and Future of Alternative Funds Market
By Brian Macallister, Ledgex Systems
02/28/2014 6:04:50 PM ET
It's been less than 50 years since the fund of funds model came on the investment scene, and that short history has been anything but dull. Born in the 1970s, American fund of funds took off in the '80s and '90s, and then hit a major stumbling block in 2008, when the widespread financial crisis unearthed deep challenges around liquidity.
Opinion: Managers improve, but scale kills
By James Saft, Reuters
02/26/2014 5:39:21 PM ET
Fund managers are getting better, but active fund management is getting worse.
Yes, I realize that is a bit like saying improved medical care is causing us to lose more patients, but this is indeed the upshot of new research and it should put investors in a quandary.