Tag Archives: brokerage
Credit Suisse Targets Japan’s $800 Billion Pensions
Bloomberg – Credit Suisse Group AG, which sold its Japanese asset management unit in June, will offer alternative investments including private-equity funds to attract the nation’s $800 billion in pension money. Tokyo-based Credit Suisse Securities (Japan) Ltd., the Japanese brokerage […]
MF Global Starts Japan Brokerage to Fill ‘Gap’ as Rivals Exit
Bloomberg – MF Global Ltd., the securities firm spun off from the largest publicly traded hedge-fund manager, is opening a brokerage in Japan to take advantage of a void left by rivals exiting the world’s No. 2 equity market. The […]
Lighthouse Prime Services Announces Upcoming Capital Introduction Program Events
Earthtimes – Lighthouse Prime Services, a division of Lighthouse Financial and a leading prime brokerage services provider dedicated to the needs of emerging and newly established hedge funds and managed account platforms, announces its upcoming slate of events as part […]
Hedge fund group Man climbs on talk of MF Global stake sale
The Guardian – Hedge fund manager Man has moved to the top of the FTSE 100 risers, as traders heard talk it may dispose of its remaining stake in broker MF Global. Man spun off the brokerage in July 2007 […]
Hedge-Fund Investors Hire Private Eyes to Avoid New Madoffs
Bloomberg – Randy Shain said he wasn’t stunned when hedge-fund managers Paul Greenwood and Stephen Walsh were arrested last month for allegedly misappropriating $554 million in client funds. A probe three years ago by his First Advantage Investigative Services LLC […]
U.S. accuses three in insider trading scheme
Reuters – A hedge fund manager, a brokerage trader and a financial adviser were charged on Thursday with insider trading in the stock of supermarket chain Albertsons Inc, reaping total profits of about $7.5 million, according to court documents. The […]
Daiwa drops big fund plan after Blackstone talks fail
Reuters – Daiwa Securities Group Inc, Japan’s second-largest brokerage, said that it would drop its plans for a large private equity fund after talks with Blackstone fell through. Daiwa had been in talks with private equity firm Blackstone Group LP […]
