Greece Worries Set Markets Tumbling
Worries that Greece might default on its mountain of sovereign debt sent global markets steeply downward on Monday, with bank stocks in France leading the plunge.
Swiss Franc Continues Rise
The Swiss franc continued its rise into the stratosphere on Wednesday, spurred on by a failure by the Swiss National Bank (SNB) to directly intervene in the currency's valuation. Instead SNB boosted liquidity and said it would take additional steps.
Corporate Debt Safer Than Euro Zone Sovereign Debt
Europe's sovereign debt crisis has turned the region's credit markets upside down.
Chinese Bank Buys U.S. Broker-Dealer
Industrial & Commercial Bank of China Ltd., China's largest lender, is venturing into the broker-dealer business in the U.S., one of the most telling new signs of the rise of Chinese financial institutions in the world economy.
Man Launches New Structured Product
LONDON (HedgeWorld.com)--Man Investments Ltd. has launched a new capital guaranteed structured product, the Man RMF Multi-Style Series 2 Ltd. The new fund will invest in five hedge fund styles that Man officials said would complement each other. The fund will target annualized returns of between 13% and 15% with volatility...
Arrow Hedge Launches Third Series of Notes
TORONTO (HedgeWorld.com)--Arrow Hedge Partners Inc. launched the Arrow Multi-Strategy Notes, Series 3, after raising C$40 million (US$31 million) in the first two series of notes...
Arrow Hedge Issues Second Series of Notes
TORONTO (HedgeWorld.com)--Arrow Hedge Partners Inc. announced its second series of guaranteed principal notes linked to the performance of its multi-strategy hedge fund. The first series of...
Arrow Hedge Sells New Hedge Fund Notes
TORONTO (HedgeWorld.com)--Remolding its multi-strategy offering once again, Arrow Hedge Partners Inc. this week launched their Arrow Multi-Strategy Notes Series I for Canadian retail investors. The notes'...