Category Archives: HedgeCo News

Oil prices surge as output is cut

Oil prices surged by more than 4 per cent yesterday after OPEC agreed a surprise cut in oil output, removing 900,000 barrels per day from world supplies ahead of peak winter demand. US light crude settled $1.11 (97 cent) a […]

South Carolina Treasurer Monitoring Bank of America Case

Sep. 25–South Carolina State Treasurer Grady Patterson has joined a growing list of state and federal regulators reviewing allegations of trading abuses at Bank of America Corp.’s mutual fundoperation. Neither the bank nor state Treasury officials would say whether South […]

UBS to Acquire ABN AMRO’s US Prime Brokerage Operations

<body.content> <block> <p>NEW YORK, Sept. 25 /PRNewswire-FirstCall/ — UBS announced today that it will acquire the US prime brokerage operations of ABN AMRO, for a price of USD 250million.</p> <p>(Logo: <a>http://www.newscom.com/cgi-bin/prnh/20030716/UBSLOGO</a> )</p> <p>The prime brokerage business to be acquired operates […]

Former Connecticut Treasurer Discusses State Pension Deals

Sep. 25–Convicted ex-state Treasurer Paul Silvester has testified that the worst deal he made during his corrupt tenure was his investment of millions of state pension dollars in Pioneer VenturesAssociates of Windsor — a partnership whose sales literature Gov. John […]

SEC Veteran Mark K. Braswell Joins Venable LLP; Nine-Year SEC Enforcement Attorney Will Concentrate on Corporate Investigations, White Collar & Securities Litigation and Compliance

WASHINGTON–(BUSINESS WIRE)–Sept. 25, 2003– Braswell Joins Former SEC Colleague Nancy Grunberg in Venable’s Corporate Governance Group Making a significant addition to its corporate governance practice, Venable LLP has brought on departing Securities and Exchange Commission attorney Mark K. Braswell as […]

Former Connecticut Treasurer Discusses State Pension Deals

Sep. 25–Convicted ex-state Treasurer Paul Silvester has testified that the worst deal he made during his corrupt tenure was his investment of millions of state pension dollars in Pioneer VenturesAssociates of Windsor — a partnership whose sales literature Gov. John […]

UBS to Buy Brokerage Unit From ABN Amro

ZURICH, Switzerland (AP) – Swiss banking giant UBS will buy the U.S. Prime Brokerage unit of ABN Amro Holding N.V. of the Netherlands for $250 million, the companies said Thursday. The unit employs 190 people, mostly in New York City […]

ABN sells US arm for $250m

ABN AMRO, the Dutch banking group, has sold one of its hedge fund servicing arms in the US for $250 million (150.6 million) to Swiss- owned UBS. The prime brokerage business provides securities clearing, funding, custody and other services to […]

Class Action Suit Commenced in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds by Rabin, Murray & Frank LLP — JRMSX, JMCVX, JSCVX, JATEX

Class Action Suit Commenced in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds by Rabin, Murray &amp; Frank LLP –JRMSX, JMCVX, JSCVX, JATEX NEW YORK, Sept. 24, 2003 […]

ABN sells US arm for $250m

ABN AMRO, the Dutch banking group, has sold one of its hedge fund servicing arms in the US for $250 million (150.6 million) to Swiss- owned UBS. The prime brokerage business provides securities clearing, funding, custody and other services to […]

Ld-Writethru

ZURICH, Switzerland (AP) — Swiss banking giant UBS will buy the U.S. Prime Brokerage unit of ABN Amro Holding N.V. of the Netherlands for US$250 million, the companies said Thursday. The unit employs 190 people, mostly in New York City […]

TT International Selects SEI Investments to Provide Fund Family Servicing and Distribution

<body.content> <block> <p>OAKS, Pa., Sept. 25 /PRNewswire-FirstCall/ — SEI Investments Company , the global provider of asset management and investment technology solutions,announced today that it has been selected by the board of trustees of the TT International Mutual Funds to […]