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
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.
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).
28 September 2010South Carolina Reporter: Ben Wilkie
The South Carolina Pension Fund is to create a management firm to look after its assets, in a move that could see it offering its own securities lending services...
Singapore Exchange (SGX) is enhancing its securities borrowing and lending (SBL) service to bring additional benefits for investors and SGX central depository account holders.
24 September 2010New York Reporter: Steven Lafferty
BofA Merrill has created a new Global Futures and Derivatives Clearing Services (GFDCS) group. This global initiative is in anticipation of the substantial growth in OTC derivatives clearing
The Â鶹´«Ã½ and Exchange Commission has charged Dallas-based hedge fund adviser Carlson Capital, L.P. with improperly participating in four public stock offerings after selling short those same stocks...
24 September 2010New York Reporter: Steven Lafferty
J.P. Morgan WSS selected by investment management firm AQR Capital Management to provide a full suite of fund administration, prime-custody, and related securities services for the firm's mutual funds