Julius Baer Reverts London FX to Zurich

Bank Julius Baer has converted its London office from a full banking branch to a subsidiary focusing on asset management. As part of the move, the bank will no longer have a treasury function in London, says Mark Linnan, deputy global head of FX. Linnan says the bank had a small FX operation in London, […]
Read More »

Q & A With Campbell & Company

Company Name: Campbell & Company, Inc. Address: 210 West Pennsylvania Avenue   Suite 770   Towson, Maryland 21204 Contact Name: Bruce Cleland, President/CEO Phone Number: 800-698-7235 Direct 410-296-3301 Fax Number: 410-296-3311 E-Mail: Bruce@campbell.com Product Name: Individually Managed Account Product Assets: Foreign Exchange Portfolio Total Assets Under Management: $2 billion as of June 30, 2000 Firm […]
Read More »

Hite & Tamiso Form New Fund

In a new fund formed by Lawrence Hite (Hite & Associates LLC) and Robert Tamiso (Tamiso & Co LLC), Great Glen LLC will provide “controlled, systematic exposure” to large capital, highly liquid US equities, while seeking profits from currency fluctuations. The two principals will act as co-managers of the fund, which will be comprised 50-50 […]
Read More »

Parker Indices Highlight Sluggish June

Currency managers struggled again in June according to the Parker FX Index, which is down -1.76%. All of the 43 programs in the Index reported June results, with 16 programs posting positive results and 27 ending the month with losses. On a risk-adjusted basis, the Index is down -2.77%. The median return is down -0.74%. […]
Read More »

Thailand and Indonesia – A Tale of Two Crises

By Michael Burke, B&M Research Our most recent emerging market (EM) currency recommendation was to go long the IDR, short the THB. Over the four weeks of the trade, the currency gain was 10.4% and the carry made a positive contribution of 70bps, bringing the total return to 11.1%. In the year to date, our […]
Read More »

Mexico: the Beast of Policy Burden

By Gene Frieda, 4Cast The official statement justifying Banco de Mexico’s recent hike in the corto seemed far more pre-emptive than in the past, when movements have been more clearly in response to short-term exchange rate movements or inflation spikes. The latest move seems to suggest Banxico’s willingness to act against potential demand imbalances in […]
Read More »

Sibos IT Event Expected to Draw Crowds of 6000

Later this month, as many as 6,000 delegates and 200 vendors will converge on San Francisco for the annual Sibos conference ‘ the week-long IT and financial services forum and exhibition held by Swift. The event takes place 11-15 September at the Moscone Center South in San Francisco. The event will look at the process […]
Read More »

The Path to Profit The CME Sets Out on the Road to Demutualisation

Following last month’s overwhelming approval by members to demutualise the 102-year-old Chicago Mercantile Exchange (CME), the exchange is now preparing for its new for-profit approach, which will streamline governance and convert its memberships into shares with trading rights in CME products and pure equity in the exchange.  A week after the 6 June vote, which […]
Read More »

CAI Expands Global Forex & Treasury

Credit Agricole Indosuez (CAI) has made a number of hires in recent weeks, as well as promoted several senior managers to take the business forward, reports Bassem Snaije, co-head of Global Forex & Treasury (GFT). Snaije, who splits his time between London and Paris, jointly heads the GFT business with Paris-based Thomas Gadenne. Both Snaije […]
Read More »

Deutsche Promotes Senior Managers

Deutsche Bank has promoted a number of senior managers within its Global Markets and Global Equities teams following the appointments of Edson Mitchell and Michael Philipp, previously the respective heads of Global Markets and Global Equities, to the group’s Board of Managing Directors. Under the new structure, both the Global Markets and Global Equities units […]
Read More »
1 2 3 4 5 265 274 275 276 277 278