The wealth management firm has signed a lease for about 6,000 square feet of space at the building at 6150 Sherry Lane, just west of Preston Road, which was being developed for the headquarters building of Bandera Ventures.
The private bank is redeeming from Paulson’s Advantage Fund and Advantage Plus Fund, said the people, who asked not to be identified because the information is private.
Although the CME has partnered with other foreign exchanges to develop its product base and global presence, this will be the first time it has single-handedly launched a brand new exchange beyond the U.S.
Hedge funds anticipate slowing growth will curb demand for silver, 53 percent of which is used in products from televisions to batteries. Investors and analysts are bullish on expectations central banks will do more to stimulate economies, expanding consu
A write-down also can occur if the Swiss financial regulator determines it is necessary to prevent the insolvency, bankruptcy or failure of the bank, according to a bond prospectus.
Bond fund sales around the world are continuing at a record pace with $350 billion in net inflows during the first half of 2012, according to Strategic Insight, a business intelligence provider to the global fund industry.
QEH is sub-advised by Commerce Asset Management (CAM), a Tennessee-based investment adviser and subsidiary of Commerce Holdings, which advises on approximately USD700m in assets.
Hedge funds haven’t taken off in Asia like they have in the U.S. or Europe, but bankers say that may change and are positioning themselves to lend cash and securities to them, as well as helping them find new investors—a business known as prim