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How companies can make sure they deal effectively with shareholder activists.

How Geovic managed to make three companies into one in Cayman.

The real effects on the world's economy of an increasingly diverse CDO market.

The Global Investor survey of hedge funds and foreign exchange finds that the biggest investment banks have strengthened their grip on the sector, writes James Norris.

I am almost ready to take what I consider a well-earned break and I have lined up some interesting columnists to fill the gap while I’m away. The articles will cover the evolution of retail FX and its potential growth at one end of the spectrum, to the development of index and structured products at the other.

Deutsche has given a sign of just how much potential it believes exists in retail FX by announcing that Eric Michelsen has joined the bank as its head of online flow retail products.

I had a great chat this week with Rob Close and Jonathan Butterfield from CLS. I have been critical in the past of the organization, accusing it of opacity; so it is great to report that CLS seems to have really opened up.

Tao Wang, Hitoshi Asaoka

Improved global communications has, in the past, made the option of outsourcing trading to India a viable proposition. You only have to look at how many of the country’s citizens have risen to senior positions in overseas banks to realise that the country possesses a large, skilled and well-educated workforce.

The seedier side of the business is shown again this week in the US.

A wry smile crossed my face this week following the release of a wealth of data illustrating the extent to which the FX market is booming.

The Parker FX Index, which reports on the performance of 79 funds, showed a gain of 1.41% in June. There were 58 gainers and 21 losers. The median return for the month was 0.97%, while the funds’ performances ranged from a positive 8.26% to a negative 5.24%. The top-three performing funds on a reported basis were the Stark Quantitative Investments Currency Fund of St. Francis, WI (+8.26%); the Portage Currency Fund of New York (+6.77%) and the Stonebrook FX Carry Program (2.5x Leverage) of New York (+5.82%). The top three performers on a risk-adjusted basis were: the Putnam Investments Currency Program (+4.38%); the Stark Quantitative Investments Currency Fund (+2.91%) and the ABN Amro Currency Fund (+2.58%).