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Swedish Capinordic gains permission to conduct investment banking business in Denmark

The Swedish investment banking, asset management and brokerage company Capinordic has gained permission from the Danish FSA to conduct business operations in Denmark. ...

Hedge funds past their peak, says former UK pensions minister

According to the former UK pensions minister Frank Field, hedge funds have seen their heyday. October 4 (IPE.com): Former UK pensions minister...

Scandium provides leadership in tough waters

Scandium Asset Management’s fund of hedge funds Scandium Fund Limited continues to perform in 2006.  With a 6.01% YTD, the fund stands out in...

FIM and the Finnish Savings Banks Association agree on brokerage co-operation in the Nordic Exchange

With the recent launch of the joint Nordic stock exchange OMXN40, Finnish investment banking corporation FIM Group and The Finnish Savings Banks Association have...

EuroHedge: Europe’s hedge funds manage more than 400 billion dollars

According to freshly compiled EuroHedge data, the asses of European hedge funds rose by 23% during the first half of 2006. October 3...

SEB to assume management of Brummer fund Latitude

The Swedish FSA has granted permission to let custodian SEB take over management of winding-down Brummer fund Latitude. The transition will be made no...

EDHEC: Amaranth bets were too large

Following the recent meltdown of the large American multi-strategy fund Amaranth, research institute EDHEC has examined the anatomy of Amaranth’s downfall and has concluded...

Danish pension funds move to infrastructure, see alternative allocations growing

According to Danish pension fund executives, infrastructure has become an attractive investment opportunity. Also, they generally see alternative investments increasing among Danish pension funds...

Dow Jones sees need for style-pure hedge fund indices

According to index provider Dow Jones, the continued sophistication of institutional investors within the hedge fund space will soon lead them to need stronger...

Swedish pension fund head eyes 25% in alternatives

Gustav Karner, the head of asset allocation at Sweden’s Lansforsäkringar pension fund, plans to increase the fund’s exposure to alternatives to 25%. However, hedge...

Sweden’s Öhman launches Scandinavia-focused macro/fixed income fund

The Swedish hedge fund management company Öhman Alternative Investments, a division of investment bank Öhman, has launched a macro/fixed income fund with a Scandinavian...

Amaranth close to throwing in the towel

According to press reports, American hedge fund Amaranth, recently hit by a performance meltdown, is close to shutting down completely. According to reports in...

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