05 October 2010Connecticut Reporter: Justin Lawson
AQR Capital Management, LLC, ("AQR") has launched the AQR Risk Parity Fund (AQRNX, Class N Shares), the newest addition to its mutual fund family. The new no-load mutual fund, open to retail and institutional investors
Jefferies have hired Josh Gold as a Managing Director and Head of the firm's new Hedge Fund Relationship Group. Gold will be responsible for managing the firm's relationships with U.S. hedge funds
Eagle Investment Systems, a subsidiary of BNY Mellon, has hired a new regional sales director to address the business development needs of existing clients and prospects in Europe, Middle East and Africa(EMEA).
Northern Trust has part-won a ruling on a motion to dismiss ERISA breach of fiduciary duty and prohibited transaction claims involving an investment manager's securities lending programme.
Algorithmics publishes the first comprehensive assessment of all the elements of Basel III, and finds them lacking in their conceptual approach to capital and liquidity.
In the last month Societe Generale Corporate & Investment Banking has continued its expansion into the Asia Equity space, announcing a series of senior appointments.
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a" of COPIC Insurance Company (COPIC) (Denver, CO).
UniCredit Bank Germany have appointed Sven Weinhold to the repo and collateral trading team. Weinhold will be based in Munich and joins on 1st October reporting to Arne Theia
Barclays Capital has made a series of appointments in its prime services as part of a drive to build up the servicing and financing business to hedge funds.