Daily News; White Plains

Victus Capital Selects Sungard

NEW YORK (HedgeWorld.com) - Victus Capital, a US$200 million multi-strategy hedge fund manager, chose SunGard Trading and Risk Systems' Panorama platform as its risk system. Victus will use Panorama for desk-level risk analytics, running sensitivity and scenario analysis, conducting stress testing and simulating value-at-risk across the firm's portfolios, according to a statement from SunGard.

Cogency Used by Trade Management Software Company

BURLINGAME, Calif. (HedgeWorld.com) - Omgeo, a provider of trade management software for straight-through processing, has implemented Cogency Software's Performance Wisdom to enhance its trading software platform. According to Cogency officials, their software will be used to improve the performance of Omgeo Central Trade Manager, a real-time trade processing and management software. The Boston-based firm's program is used by managers to get same- or next-day settlement for cross-border and d...

Hfr Hires Northern Trust Risk Pro

CHICAGO (HedgeWorld.com) - Don Rieck was hired by HFR Asset Management LLC, according to Risk Talent Associates, the firm that assisted with his hiring. Mr. Rieck previously was a senior vice president at The Northern Trust Co. HFR Asset Management offers transparent hedge fund investments, including investable indexes and funds of funds.

Man Group to Use Fitch Risk Database

NEW YORK (HedgeWorld.com) - Man Group plc signed an agreement to use FitchRisk Inc.'s database of operational risk case studies. The database, called the Financial Institutions Risk Scenario Trends, includes studies and detailed analysis of about 4,500 operational risk events that have occurred over the years at various firms. In essence, it provides a recap and a roadmap of these events, which database subscribers can use to determine how to avoid similar problems at their firms in the future.

Leaseholders Take Land Fight to Pm

THE Waitara Leaseholders Association is meeting Prime Minister Helen Clark today to discuss the future of the Waitara leasehold lands. Association chairperson Jonathan Marshall said he had arranged to speak to Miss Clark this afternoon in Wellington.

Kelp Growing Plan a First

THE success of an unusual New Plymouth experiment in kelp growing is likely to open the way for major environmental projects along the New Zealand coastline. The research project is proving that it is possible to artificially grow kelp, which is among the most important sea-floor vegetation.

Getting Youngsters Hooked

STORY TIME: New Plymouth youngster Larissa Wilkinson enjoys a reading by award-winning children's author Dawn McMillan at Puke Ariki on Saturday while Captain Hook (aka Puke Ariki staff member Anne Broughan) looks on. McMillan was in New Plymouth for the weekend as part of the Storylines Festival, which highlights New Zealand children's writers and illustrators.

[ You Don't Always Have to Have... ] [No Published Headline]

Cameron Receives Top Hairdressing Award

INTERNATIONAL hairdresser to the rich and famous, Patrick Cameron, has been elevated to the industry's hall of fame by the United Kingdom's prestigious Hairdressing Guild. Cameron, who started his career under Lindsey Loveridge of Headquarters, now lives in London but regularly returns to his home in New Plymouth.

Herlihy Lands Job with Festival Trust

CHRIS HERLIHY is the new business manager for the Taranaki Arts Festival Trust. "It's the job that I've always dreamed of," Mr Herlihy said.

Childcare Centres Fume Over Plan

By JAYNE HULBERT and KIM SCHWIETERS --------------------

Woman Critically Injured in Black Spot Crash

A 67-YEAR-OLD woman is in Wellington Hospital's intensive care unit after suffering serious abdominal and pelvic injuries following a two-car crash at the notorious blackspot at Bell Block's Devon and Mangati roads intersection on Saturday. The woman was cut from her car by the Fire Service after the crash just before 3pm.

Arts Events Hit by Theatre Closure

THE Taranaki Arts Festival Trust and community performance groups are lamenting the loss of the former State Insurance Theatre. The demise of New Plymouth's Glenport Theatre in Gill St, which is soon to become a carpark, had major implications for the trust, trust director Roger King said. "It's not sinking us, but it just means that it's another hurdle we have to cross," he said.

[ Marketing Men ] [No Published Headline]

MARKETING MEN: Spotswood College students (from left) Jeremy Clyma, Ben Woods and Ben Hunter plied their product at the Young Enterprise Scheme trade fair in New Plymouth on Saturday. The annual scheme sees secondary school students set up a company, come up with a product, market and sell it. The trio's company, Turismo, produced desktop calendars with a Taranaki theme. Artwork for the calendars was produced by fifth form art students from the college and each of the drawings promoted the re...

Video Vision Part of Rock Quest

ROCK ON: Thomas Busby films high school band Eight Orange Orchard at St Mary's Peace Memorial Hall in New Plymouth. The band members are students from New Plymouth Girls' High and New Plymouth Boys' High.

Visiting Art Expert Backs Plan for Len Lye Centre

HAVING a Len Lye centre in New Plymouth makes perfect sense, says a visiting American museum professional. Kevin Consey, who is director of the Berkeley Art Museum and Pacific Film Archive at the University of California in Berkeley, said such a facility would highlight the collection and be an investment in the community.