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Kaufman Rossin top rated in hedge fund administration survey


29 August 2010 Miami
Reporter: Justin Lawson

Kaufman Rossin Fund Services continues to be rated at the top among hedge fund administrators in the 15th annual survey of hedge fund clients conducted by Global Custodian magazine. KRFS received a score of 6.54
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New hires for UBS in Asia


27 August 2010 Hong Kong
Reporter: Ben Wilkie

The Asian prime brokerage arm of UBS is beefing up its team with a series of new appointments...
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Greece set to lift short selling ban


27 August 2010 Athens
Reporter: Ben Wilkie

The Greek regulator has said it will lift the ban on short selling, according to the head of the Athens Stock Exchange...
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Kas Bank reports drop in SL income


27 August 2010 Amsterdam
Reporter: Ben Wilkie

Kas Bank has reported a drop in profits of five per cent for the first half of 2010, down in part to a significant fall in securities lending income...
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Parkcentral investors sue Ernst and Young


27 August 2010 Houston
Reporter: Ben Wilkie

A group of investors who lost money following the collapse of hedge fund Parkcentral have sued auditor Ernst & Young, accusing it of fraud...
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DTCC and Chilean Depository sign agreement to collaborate


27 August 2010 Santiago
Reporter: Justin Lawson

The Deposito Central de Valores, S.A. (DCV) of Chile and The Depository Trust & Clearing Corporation (DTCC) of the U.S. have signed an agreement which will serve as a basis for future collaboration.
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Hedge Fund association to engage with U.S. authorities


26 August 2010 London
Reporter: Justin Lawson

The Alternative Investment Management Association will engage with U.S. policy makers over the implementation of the Dodd-Frank Act and has set out several key areas of focus ahead of September meetings.
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Aubrey Capital Management hires RBC Dexia in Australia


26 August 2010 Sydney
Reporter: Justin Lawson

RBC Dexia Investor Services has been appointed by Aubrey Capital Management, the specialist investment management group, to provide a full range of investor services to its Australian domiciled funds.
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Class action suit filed against Northern Trust Corporation


24 August 2010 San Diego
Reporter: Steven Lafferty

Robbins Geller Rudman & Dowd LLP have announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Northern District of Illinois.