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Tom Tuft to join Lazard as chairman, global capital markets advisory

Tom Tuft to join Lazard as chairman, global capital markets advisory

Lazard has appointed Tom Tuft as chairman, global capital markets advisory, and a vice chairman, US investment banking. »

Marco Steeg to become chief financial officer at Scoach

Marco Steeg to become chief financial officer at Scoach

Marco Steeg is to become chief financial officer and chief operating officer of Scoach Switzerland and Scoach Europa, effective 1 September 2009. »

Westrock appoints three to form institutional unit

Westrock appoints three to form institutional unit

Westrock Group, a financial services holding company, has appointed Douglas Sherman, Paul Krake and David Brown to form an institutional business. »

Canadian long-term fund assets up 1.8 per cent

Canadian long-term fund assets up 1.8 per cent

Total assets of Canadian long-term funds were USD556.7bn at the end of July, an increase of USD9.6bn or 1.8 per cent from June, according to the Investment Funds Institute of Canada. »

Asset Management Finance awarded patent for revenue share model

Asset Management Finance awarded patent for revenue share model

Asset Management Finance has been awarded a patent for its revenue share interest method of financing an asset management firm. »

Tosca Mid Cap equity fund up 6.7 per cent in July

Tosca Mid Cap equity fund up 6.7 per cent in July

The Tosca Mid Cap fund rose 6.7 per cent in July and is up 68 per cent year-to-date, according to Toscafund Asset Management. »

Art index created to track Post-War art

Art index created to track Post-War art

Art Market Research, the creator of the AMR Art 100 Index, has collaborated with Collection of Modern Art to create an index specifically to track Post-War art, called the AMR Post-War »

VAM Funds launches Asia Fixed Income fund

VAM Funds launches Asia Fixed Income fund

VAM Funds has launched the VAM Asia Fixed Income fund to enable investors to take advantage of attractive investment opportunities in the Asian fixed income market. »

British Virgin Islands and Cayman Islands join OECD tax white list

British Virgin Islands and Cayman Islands join OECD tax white list

New Zealand has signed tax information exchange agreements with the British Virgin Islands and the Cayman Islands, bringing to 12 the number of agreements that the British Virgin Island »

Scoach launches barometer to gauge certificate market sentiment

Scoach launches barometer to gauge certificate market sentiment

The Frankfurt certificate exchange Scoach has launched a barometer for gauging the latest sentiment on the certificate market. »

Cheyne Capital appoints two partners for macro equities team

Cheyne Capital appoints two partners for macro equities team

Cheyne Capital Management has appointed Paul Ruddleston and Paul Keohane as partners. »

Wunderlich acquires SSB Securities from Sandnes Sparebank

Wunderlich acquires SSB Securities from Sandnes Sparebank

Wunderlich Securities, a Memphis-based full-service investment firm, has established a presence in Norway through the acquisition of SSB Securities' shares from the savings bank Sandnes »

Barclay Hedge Fund Index up 3.11 per cent in July

Barclay Hedge Fund Index up 3.11 per cent in July

Hedge funds rose 3.11 per cent in July, according to the Barclay Hedge Fund Index compiled by BarclayHedge. »

Most economies out of recession by end of Q3, Skandia predicts

Most economies out of recession by end of Q3, Skandia predicts

The recovery in the global economy will continue over the coming months with most economies pulling out of the recession by the end of this quarter, according to Skandia Investment Grou »

Value of listed exchanges rises in July

Value of listed exchanges rises in July

The value of listed exchanges rallied in July following a slight drop the previous month, and produced an increase in capital returns of 3.5 per cent, according to the Mondo Visione Exc »

TD Waterhouse acquires OMX Securities

TD Waterhouse acquires OMX Securities

TD Waterhouse Investor Services (Europe), a UK-based share dealing service provider, is acquiring 100 per cent of the share capital of OMX Securities Services, a provider of outsourced »

CIBC's fixed income, currencies and distribution activities move to Hong Kong

CIBC's fixed income, currencies and distribution activities move to Hong Kong

CIBC's fixed income, currencies and distribution activities in Singapore are relocating to a new office in Hong Kong from 17 August. »

Manulife to acquire AIC Canadian retail investment funds

Manulife to acquire AIC Canadian retail investment funds

Manulife Financial has signed an agreement to acquire AIC's Canadian retail investment fund business. »

Blackstone to offer senior notes

Blackstone to offer senior notes

The Blackstone Group intends to offer senior notes of Blackstone Holdings Finance, its indirect subsidiary. »

Smead Value Fund plans to launch adviser share class

Smead Value Fund plans to launch adviser share class

The Smead Value Fund plans to launch an adviser share class to engage the broker dealer community. »