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Straumur CEO finds recent criticism of Icelandic banks justified

According to William Fall, CEO of Straumur, the criticism of Icelandic banks is justified, Dagens Industri reported. Furthermore, the CEO expects the financial markets...

Latest hedge fund trading patterns indicate a market turn

February 7th (Reuters): The latest moves by hedge funds give the impression that financial markets need to take a break from the trading patterns...

Scandinavian banks stay in good health despite international credit crisis

According to HSH Nordbank, Scandinavian banks are in good health and hold strong credit portfolios in spite of the US sub-prime crisis, epn.dk reported....

Hedge fund SRM Global drops 50%

February 7th (Financial Times): The hedge fund SRM Global, which is Northern Rock’s largest shareholder, has dropped approximately 50% since 2006. In...

New Danish hedge funds soon to be launched

2008 brings new hedge funds to Danish investors as the Danish Financial Supervisory Authority has approved of five new hedge funds, Børsen reported. “There is...

Saxo Bank joins Reuters Prime Brokerage for Matching with JP Morgan

Saxo Bank and JP Morgan have announced a prime broker agreement that will make Saxo one of the first, fully deployed clients of the newlyenhanced...

Activist hedge fund to target Europe

According to Financial Times, Guy Wyser-Pratte, the New York-based arbitrageur, has teamed up with one of the co-founders of Knight Vinke asset management to...

P-Solve Alternative Investments funds placed on Fundsettle platform

P-Solve Alternative Investments (“PAI”), a London based fund of hedge funds manager, today announced that three of its fund of funds are now accessible...

Russia splits oil earnings into two new funds

1st February (NYTimes.com): According to officials, Russia has divided its earnings from oil into two new funds that will start investing at the end...

Norwegian rules and regulations would have prevented sub-prime crisis

According to Bjørn Skogstad Aamo, Director General of Kredittilsynet, there would have been no sub-prime crisis if Norwegian rules and inspectorate were implemented worldwide,...

Bourse Dubai & NASDAQ acquires 6.6% stake in OMX

January 31st (AFP): Today, it was announced that the Swedish government had agreed for Bourse Dubai and NASDAQ to acquire its 6.6% stake...

AIMA to publish global collaborative guide for investors

AIMA, the global hedge fund industry association, is publishing its first global collaborative educational guide for investors.</FONT