Month: March 2000

RBC Moves Husain For Marketing Role in London

RBC Dominion Securities has transferred Najef Husain to London from Toronto to focus on commodity marketing and risk management. He reports to Toronto-based John Aloisio, global head of financial engineering.

Lloyd Leaves BMo Chicago

Don Lloyd, North American FX trading manager at Bank of Montreal, has left the bank, according to officials. His whereabouts could not be determined by press time. As yet, a replacement has not been named. Lloyd, who was president of ACI – USA, has resigned the post. Vice president Karen Fairchild is acting as president […]

Dresdner KB Hires Strategist for Frankfurt

Dresdner Kleinwort Benson has hired Gabor Bognar as an emerging markets strategist in London, sources say. Bognar previously worked for Goldman Sachs, but was most recently working in the private sector.

NatWest Names Morrisrow Head of FX in New York

NatWest Global Financial Markets has appointed David Morrisrow to oversee FX trading for North America, based in New York. Morrisrow’s appointment follows the departure of Glenn Stevens, who has joined the new online FX trading venture, GAIN Capital.

Sharon Grewal: Rising Through the Ranks

As the new president of the Financial Markets Association of Canada (FMAC), an affiliate of ACI, Sharon Grewal says her number one priority is to get the “sense of community back, while maintaining and advancing our professional image”. Grewal, who took up the presidency in October 1999, says the area that she believes has suffered […]

Retirement & You

By Philip Kozloff, Kozloff Consulting, philipkozloff@mindspring.com Looking forward to a successful retirement depends on knowing where you are and having some idea of your requirements when you get there. Bridging the gap between “here” and “there” is a manageable task if the end points are understood. No investment strategy is complete without a discussion of […]

What’s New Pussy Cat? Jaguar S-Type on the Prowl

By Gladstone J. Gunner Much like its four-legged namesake, Jaguar is creeping up stealthily on its German competition. The new S-type is Jaguar’s make or break chance for a piece of the BMW 5 Series action. The big cat’s sharpening its claws. When Ford took over Jaguar it knew to tiptoe carefully, not to disturb […]

Prebon Yamane Asian Sentiment Survey Remains Upbeat

Sentiment in Asia remains upbeat, if less wildly so than four months ago, according to the Prebon Yamane Asian Sentiment Survey. Although interest rates have bottomed out and are expected to move higher, in line with global rates, there is a feeling that Asia is now on a firm footing and that trading volumes, counterparties […]

Asian Monetary Policy Through Two Very Different Looking Glasses

By Gene Frieda, head of emerging markets research for 4CAST in London Markets are bullish on Asian currencies, and rightly so. Current account surpluses may be falling but remain large in general ‘ particularly at this stage in the business cycle. Growth is surging. The technology theme is proving to be double barrelled, fuelling electronics […]

Incentive Fees Rewards for Risk or Return?

By Emmanuel Acar emmanuel.acar@dial.pipex.com Paying a manager proportionally to his performance is current practice in the hedge funds industry. This is now being discussed or implemented for the remuneration of senior executives. Hedge fund managers typically receive a proportion of the fund return each year ranging from 10% to 25%. Despite their growing acceptance, incentive […]