News Centre

CalPERS Backs New Investor Guide For Hedge Fund Relationships

Date 31/05/2011

The California Public Employees’ Retirement System (CalPERS) has strongly endorsed a new guide by the Investor Steering Committee of the Alternative Investment Management Association (AIMA), the global hedge fund association, to promote better alignment of interests between institutional investors and hedge fund managers.

Cepea And BM&FBOVESPA Agribusiness Price Indexes Obtain ISO 9001 Status - Live Cattle, Feeder Cattle, Corn, And Rice Now Have Price Indexes With Internationally Recognized Quality Certification

Date 31/05/2011

The Center for Advanced Studies on Applied Economics (Cepea) and BM&FBOVESPA has been granted the ISO 9001 certification for four of its agribusiness price indexes: Live Cattle (São Paulo price), Corn (Campinas, SP), Feeder Catlle (Mato Grosso do Sul) and Rice (Rio Grande do Sul). This internationally recognized certification is a milestone for the Brazilian agribusiness and represents, for market agents, a guarantee of quality of the daily processes of collecting, calculating and releasing reference prices.

CalPERS Names Réal Desrochers Senior Investment Officer Of The Private Equity Program

Date 31/05/2011

The California Public Employees’ Retirement System (CalPERS) today announced the appointment of Réal Desrochers as Senior Investment Officer for the pension fund’s private equity program.

Component Changes Made To Dow Jones Real Estate Titans 30 Index

Date 31/05/2011

Dow Jones Indexes, a leading global index provider,today announced component changes in the Dow Jones Real Estate Titans 30 Index.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 31/05/2011

Standard & Poor's Canadian Index Operations announces the following index changes:

• It is expected that the shareholders of Massey Energy Company (NYSE:MEE) will accept the cash and share offer from Alpha Natural Resources, Inc. (NYSE:ANR). Shareholders of both companies meet on Wednesday, June 1, 2011, to approve the transaction. Assuming shareholder approvals are received, Massey Energy shareholders will receive $US10.00 cash and 1.025 shares of Alpha Natural Resources for each share held. Massey Energy will be removed from the S&P/TSX Global Mining Index after the close of Wednesday, June 1, 2011. Following the acquisition of Massey Energy, the relative weight of Alpha Natural Resources will increase in the S&P/TSX Global Mining Index to reflect the issuance of shares as part of the transaction, also after the close on Wednesday, June 1, 2011.

ESMA: Publication Of The Regulation On Supervision Of Credit Rating Agencies

Date 31/05/2011

The CRA regulation establishing ESMA's responsibility for the supervision and registartion of credit rating agencies in the European Union is published today in the official journal.

NYSE Technologies Named "Best Data Provider" By Inside Market Data

Date 31/05/2011

NYSE Technologies, the global commercial technology unit of NYSE Euronext (NYX), announced today that it has been named the "Best Data Provider" among global securities exchanges by Inside Market Data.

FINRA Charges David Lerner & Associates With Soliciting Investors To Purchase REITs Without Fully Investigating Suitability; Lerner Marketed REITs On Its Website With Misleading Returns

Date 31/05/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has filed a complaint against David Lerner & Associates, Inc. (DLA), of Syosset, NY, charging the firm with soliciting investors to purchase shares in Apple REIT Ten, a non-traded $2 billion Real Estate Investment Trust (REIT), without conducting a reasonable investigation to determine whether it was suitable for investors, and with providing misleading information on its website regarding Apple REIT Ten distributions. DLA has sold and continues to sell Apple REIT Ten targeting unsophisticated and elderly customers with unsuitable sales of the illiquid security.

Dow Jones Indexes: Agriculture Vs. Equities

Date 31/05/2011

The trailing 3-year performance of the Dow Jones-UBS Agriculture Subindex (commodity futures) and Dow Jones U.S. Food Producers Total Stock Market Index (equities) are both approximately +3.5% per annum. However, the corresponding year-to-date and 1-year performance show the true volatility between these asset classes: year-to-date, equities are up 11.01% while commodity futures are up only 2.96%, yet commodity futures are up 59.82% and equities are up 21.41% based upon 1-year performance.

Nordic Growth Market NGM AB: Premiere For Nordea Bank As An Issuer On NDX Finland

Date 31/05/2011

On June 1, Nordea Bank will list for the first time on NDX Finland. The securities are two turbo warrants with DAX index as underlying.