Deutsche Bank’s CEO Josef Ackerman touched off a storm a few weeks ago as chair of the Institute of International Finance when a working paper there suggested revisions to mark-to-market because values in an illiquid market “results in valuations that do not provide a true picture of the financial positions of the firms.” Meanwhile the […]

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According to research analyst Monica Schulz, US-based hedge funds are working closely with prime brokers to enter new markets and expand internationally. For TABB Group’s May chart of the month, which draws from and follows on TABB Group Hedge Funds 2008: Perspectives on Prime Brokerage, Volatility and Expansion, its fourth annual benchmark industry study, Schulz […]

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