Bloomberg

Bloomberg
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ALTERNATIVES AUG 30, 2007
Hedges claim 30% of bond trading

Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.

ALTERNATIVES AUG 29, 2007
S&P cuts British firm's debt rating

Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.

RIA NEWS AUG 29, 2007
FINRA eyes MSC for VA oversight

MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.

ALTERNATIVES AUG 28, 2007
London & Capital debut alternative strategies

London & Capital Investment Advisors Inc. of Miami, the U.S.-based unit of London & Capital PLC, today announced its plan to launch a range of alternative absolute return investment strategies.

RIA NEWS AUG 28, 2007
NEXT may face cease-and-desist order

The SEC alleges that the firm violated Regulation S-P while it recruited registered representatives.

ALTERNATIVES AUG 28, 2007
Raptor on the ropes, says report

Shaky market conditions in August bit off 8% of Tudor Investment Corp.’s Raptor Global Fund, according to Reuters.

WIREHOUSES AUG 28, 2007
Albert Lee to head Merrill's Taiwan office

In the newly created position, Mr. Lee will be responsible for expanding the investment bank's business in Taiwan.

RIA NEWS AUG 28, 2007
Penson tagged with $15M arbitration claim

The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.

ALTERNATIVES AUG 28, 2007
Hedge inflows $41 billion in second quarter

The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.

ALTERNATIVES AUG 27, 2007
Housing sales continue to slip

Purchases of existing homes in the Unites States slipped 0.2% in July, the fifth consecutive monthly decline, according to the National Association of Realtors.