Tag Archives: chief executive officer
Madoff Red Flags Could Have Been Raised by Santander’s Software
Bloomberg – Banco Santander SA’s hedge fund unit used risk software that according to its developer may have “waved red flags” about Bernard Madoff investments. “You definitely would have seen it,” Riskdata SA Chief Executive Officer Ingmar Adlerberg said in a […]
Sparx to Miss March 2011 Asset Target on Market Rout
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]
Caledonian Global Fund Services Achieves SAS 70 Certification
GEORGETOWN, GRAND CAYMAN – January 26, 2009 – Caledonian Global Fund Services, a provider of specialized administration services to the alternative investment industry, today announces the completion of its SAS 70 Type I certification. SAS 70, or Statement on Auditing […]
Anglo American PLC
SilkInvest – Anglo American PLC, which represents about 10% of the South African index, has been one of the worst performers among the world’s major diversified mining companies. It has now addressed issues with its under-performing management team. Chief executive […]
Bank Safdie Dodges Madoff Loss, Predicts More Hedge Fund Rules
Bloomberg – Banque Safdie SA, the Geneva-based wealth manager that withdrew money invested with Bernard Madoff three years before his alleged Ponzi scheme unraveled, said the scandal will mean more hedge fund regulation. “What Madoff has done is highlight the […]