27/04/2009
Derivatives benchmark and multi-asset front office and revaluation provider SuperDerivatives (SD) has launched the next generation of its interest rates derivatives trading system to support demand for tools to distribute and manage interest rate derivatives. SD said that volatility...
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27/04/2009
Standard&Poor's Index Versus Active FundScorecard (SPIVA) has found that over the five year market cycle from 2004 to 2008, the S&P 500 outperformed 71.9% of actively managed large cap funds, the S&P MidCap 400outperformed 75.9% of mid cap funds,...
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27/04/2009
The Lyxor Global Hedge Fund index, an investable index based on Lyxor's hedge fund platform which tracks the overall hedge fund universe, was down -0.38% in March, although it is still up +42bp on the year. It said: "March...
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27/04/2009
Fund of hedge funds, SAIL Advisors Limited (SAIL) has confirmed the appointment of Miodrag Janjusevic as chief risk officer. Janjusevic joins from Deutsche Bank Asia where he was director of strategic solutions, responsible for cross asset risk solutions for...
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27/04/2009
The Royal Bank of Scotland (RBS) has announced the appointment of Robert Brennan as head of short term markets and financing (STMF). Brennan will be responsible for balance sheet management, building on existing STMF trading and risk management systems,...
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27/04/2009
Morgan Stanley reported a net loss for the first quarter ended March 31, 2009 of $177m compared with net income applicable of $1,413m a year ago. In a statement the firm claimed it had delivered solid results in many...
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20/04/2009
BOCI-Prudential Asset Management (BOCI-Prudential) has launched an index-tracking exchange-traded fund (ETF) on the Main Board of the Stock Exchange of Hong Kong. W.I.S.E. - SSE 50 China Tracker was actively traded during its trading debut, closing at HK$20.20 per...
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20/04/2009
Moody's Investors Service has assigned a foreign currency rating of Ba3 with a stable outlook to the Republic of Indonesia's forthcoming Global Sukuk. Aninda Mitra, lead sovereign analyst for Indonesia at Moody's, said: "On account of the ongoing global...
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20/04/2009
In its monthly investment outlook for April Clariden Leu said that after a disappointing January and a depressing February, there were finally a few glimmers of light in March. However, despite these green shoots, it claimed it is still...
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20/04/2009
Law firm Clifford Chance is to bolster its leading private equity team in Asia with the relocation of partner Simon Cooke from the firm's London private equity group. Cooke will work closely with existing Hong Kong-based partner, Andrew Whan....
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20/04/2009
Standard & Poor's (S&P) published a white paper examining investors' needs and how various business models for credit rating firms could meet them. The paper, titled "An Examination Of How Investor Needs Are Served By Various Ratings Business Models:...
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20/04/2009
Swiss based investment bank has announced first-quarter losses of CHF2bn, and warned of further cost-saving measures to come. In a speech by Oswald J. Grübel, group chief executive of UBS, at its annual general meeting (AGM) in Zurich he...
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20/04/2009
Deutsche Bank Private Wealth Management (PWM) has strengthened its operations in Asia Pacific, appointing Anil Venuturupalli as chief operating officer Asia Pacific and Mark Smallwood as head of wealth management solutions Asia Pacific. Venuturupalli will provide regional oversight for...
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13/04/2009
Stacy Kincaid joins VinaCapital as Fund Portfolio Managing Director. Vietnam based fund management and real estate firm VinaCapital Group has announced the appointment of Stacy Kincaid to the role of fund portfolio managing director. Kincaid will oversee the structuring and...
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13/04/2009
Global policy responses are causing investor sentiment to brighten, according to Sarasin. In its latest Strategy Outlook, it pointed to the global equity market rally in none of the 10 trading days from 10 March, with gains in US...
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13/04/2009
FX settlement services provider CLS Group and inter-dealer broker ICAP have announced they are creating a new joint venture to provide trade aggregation services to participants active in the over the counter FX market. They aim to provide the...
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13/04/2009
Deutsche Bank Private Wealth Management (PWM) has appointed Wayne Yang to the newly created role of head of key clients group, South East Asia. Yang joins from Merrill Lynch, where he was head of ultra high-net-worth private investment banking...
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13/04/2009
Doug Hymas has become the chief executive of ING Investment Management Asia/Pacific (ING IM). Hymas will assume the leadership and management of ING IM Funds Japan when he officially takes over on 20 April - pending approval from the...
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13/04/2009
Advisers' education in ETF portfolio construction is laying the groundwork for increased use of alternative mutual funds, according to new research from Cerulli Associates. Cerulli has claimed research has shown that ETF providers as a group havedone well by...
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06/04/2009
Index provider Standard & Poor's (S&P) has launched two unique regional and industry indices in collaboration with the Korea Exchange (KRX). The S&P/KRX Asia 100 Index and the S&P/KRX Exchanges Index are the first indices developed by S&P and...
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06/04/2009
The new series is designed to support enhanced strategies such as sector rotation and long/short sector plays enabling the creation of structured products, index funds and exchange traded funds (ETFs), The FTSE Asian Sectors Index Series consists of 18...
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06/04/2009
The corporate and investment banking arm of Credit Agricole, Calyon, has appointed Swaroop Patel as head of debt & credit markets (DCM) for Asia ex-Japan. Patel replaces Antoine Gros, who is promoted to Global Co-Head of Securitisation based in...
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06/04/2009
Moody's Investors Service has downgraded Saizen REIT's corporate family rating to Ba3 from Ba1. It has also confirmed the rating remains on review for further possible downgrade. Kaven Tsang, AVP/Analyst at Moody's, said: "The downgrade reflects Saizen's rising liquidity...
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06/04/2009
Index provider Standard & Poor's (S&P) has launched two unique regional and industry indices in collaboration with the Korea Exchange (KRX). The S&P/KRX Asia 100 Index and the S&P/KRX Exchanges Index are the first indices developed by S&P and...
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06/04/2009
HSBC has received approval from the Hong Kong Monetary Authority to sell Sukuk (Islamic Bonds) in Hong Kong. Leveraging the global resources and strength of its global Islamic banking division, HSBC Amanah, the Bank supports the local development of...
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06/04/2009
World leaders at the G20 summit in London on 2 April defied critics by pledging more than US$1 trillion in loans and guarantees for "impoverished countries", and agreeing to crack down on tax havens and hedge funds. The move...
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06/04/2009
Peter Pfister, the newly appointed managing director of the Private Equity Group Asia Pacific for Private Wealth Management at Deutsche Bank discusses private equity as an asset class in the current market environment with Innovative Investor How will private...
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