The number of funds on sale in Europe is in free fall because the owners have no choice other than mergers, even liquidation, because of rapidly declining performance which makes it impossible to sell at a good price.

2009 was a year of intense reflection on the functioning of the financial sector. There followed an intense regulatory activity in 2010, unfortunately with few formal adoptions of regulations. 2011 marked the surge of the will to succeed with provisional schedules. Where do we stand one year later? Eric de Nexon, Head of Strategy for Market Infrastructures of Societe Generale Securities Services sheds some light through a closer look at securities services

The American quantitative management firm is struggling to get over a scandal that originated from an IT error and which lead 600 of its clients to lose money.

The landscape has radically changed over the past four years, even though the number of launches once again started to increase in 2011. In 2007 there was a peak in the number of new hedge funds that were launched, with 1200 new funds created all over the world....

Global Macro managers explicitly follow defensive strategies: short exposure to equities (around -20%) and long exposure to the US sovereign debt. On their side, CTAs managers are more aggressive...