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News For Jan 11, 2011
Morgan Stanley to spin off quant prop trading desk by 2012
Jan 11, 2011Morgan Stanley has reached an agreement with members of its quantitative prop trading group Process Driven Trading (PDT) to spin it off as an independent hedge fund by the end of 2012.
BBH unveils securities lending mobile application for iPhone and Blackberry
Jan 11, 2011Brown Brothers Harriman (BBH) has launched a securities lending mobile application for the iPhone and Blackberry.
PineBridge Investments launches Ucits III merger arbitrage fund
Jan 11, 2011
Asset manager PineBridge Investments has launched a Ucits III product, the PineBridge Merger Arbitrage Fund.
Pacific Investments hires ex-ISAM principal Rod Barker
Jan 11, 2011Pacific Investments, the investment vehicle of property developer Sir John Beckwith, has hired Rod Barker, a principal at former Man Group chief executive officer Stanley Fink’s International Standard Asset Management (ISAM).