HSBC Beefs Up Custody and Banking Services
By Staff WriterLONDON (HedgeWorld.com)--HSBC Securities Services hired Cecilia Paddington as head of custody and banking services, effective Oct. 24. According to a statement from the firm, Ms. Paddington will join HSBC's European management team, overseeing global custody proposition, securities lending, foreign exchange and cash management. Previously Ms. Paddington worked at J.P. Morgan...
October 26, 2004
Greenberg Quits MarshJeffrey W. Greenberg has resigned as chief executive officer of scandal-hit Marsh & McLennan Companies Inc., New ...
October 26, 2004
Growth Leads Gottex to Cap Another Share Class in Flagship FundNEW YORK (HedgeWorld.com)--With its total assets under management reaching US$3.6 billion, London- and Lausanne-based fund of funds firm Gottex Fund Management plans to close the...
October 26, 2004
Indexes Outperform Most Active Funds Through Third QuarterOct. 21, 2004 -- Benchmark indices are outperforming actively managed funds in most U.S. equity styles year-to-date through September, and in the third quarter itself,...
October 26, 2004
Vanguard Global Equity Fund Reopens With Added ManagersOct. 21, 2004 -- Vanguard Group is adding a team of managers to the Vanguard Global Equity (VHGEX) and will reopen the fund to new...
October 26, 2004
TFS Launches Mutual FundRICHMOND, Va. (HedgeWorld.com)--One of a few hedge funds to cross the great divide into the mutual fund space, TFS Capital officially launched its first mutual fund that offers retail clients a way to invest in alternatives. The TFS Market Neutral Fund lets the firm offer its mainline investment strategy to...
October 26, 2004
Many Americans Couldn't Handle Cash Crisis: SurveyNU Online News Service, Oct. 26, 2004Despite fears of not having enough money to cover sudden financial ...
October 26, 2004
Closing Set for Preferred International Value FundThe closing is aimed at keeping the fund from getting too big to be manageable, said Peter Spano, its portfolio manager. The fund currently has...