Month: November 2004

Eden Hires Three

Simon Wells, a multi-currency fixed income and European credit investment manager, Nick Batsford, an investment analyst, and Max King, an investment consultant, have joined Eden Group, a London-based stock broking and asset management group.   Wells, a consultant analyst, was previously head of fixed income fund management at Dryden Capital Management, CEO and investment manager […]

CSFB/Tremont Rebalances

CSFB Tremont Index has rebalanced its Investable Hedge Fund Index, the second of its biannual rebalancing of funds. Emerging market funds have seen the highest increase in weight among the index’s 10 sectors, rising from 3.41% to 4.43%. Convertible arbitrage shows the biggest reduction, being brought down from 8.45% to 6.76%.   Global macro (which […]

NAB Restructures Risk

National Australia Bank (NAB) has outlined a new finance and risk structure designed to strengthen the bank’s governance framework. As part of the new structure, Mike Hamar joined the bank as group chief risk officer based in Melbourne.   Under the new set-up, chief financial and chief risk officers have been appointed for each region, […]

Busy Week at CME

The Chicago Mercantile Exchange (CME) has appointed James Parisi as managing director and chief financial officer of its CME Holdings subsidiary. He will take his new role on November 2 and report to Craig Donohue, CEO.   Parisi, who has been with the exchange for 16 years, replaces David Gomach, who announced his departure in […]

JPM TS Introduces Aggregation System

JP Morgan Treasury Services (JPM TS) has introduced Foreign Exchange Funds Transfer Initiation (FX FTI), an online trading and payment system. FX FTI enables corporates and financial institutions to aggregate FX payments and trade against real time FX rates.   The system offers exchange rates in 39 currencies and automatically debits from a client’s domestic […]

Crow & Associates Advises on SEC’s Registration of Hedge Funds

Crow & Associates, New Jersey-based law counsellors, have sent a memo to its client base describing some general issues that will need to be addressed if changes proposed by the US Securities and Exchange Commission (SEC) registration under the Advisers Act of Certain Hedge Fund Advisers go through.   General issues the firm outlines in […]

Summit Hires BNP’s Viry

Summit Systems has hired Alexis Viry as head of front office for the interest rate derivatives and credit group, replacing James Baker who is moving from Paris to London to become director of front office support.   Viry joins Summit from BNP Paribas, where he was head of swap trading for Europe. Prior to this […]