Business & Finance

Ex-Goldman trader picks prime brokers for $1bn fund

HONG KONG: Former Goldman Sachs Group Inc star trader Morgan Sze has picked Goldman, Morgan Stanley and UBS as prime b

Abdul Ahad Published February 28, 2011

HONG KONG: Former Goldman Sachs Group Inc star trader Morgan Sze has picked Goldman, Morgan Stanley and UBS as prime brokers for the $1 billion-plus hedge fund he plans to launch in the second quarter, two sources familiar with the matter said.

Sze and the three banks were not immediately available to comment.

Copyright Reuters, 2011

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Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 6	153.92
USD to Swiss Franc / May 6	0.91
Pound Sterling to USD / May 6	1.25
Euro to USD / May 6	1.08

Currency

Rate

USD PKR Interbank Selling / May 6

278.40

USD PKR Interbank Buying / May 6

278.20

USD to Japanese Yen / May 6

153.92

USD to Swiss Franc / May 6

0.91

Pound Sterling to USD / May 6

1.25

Euro to USD / May 6

1.08

Stock	Volume
S&P 500 / May 3	5127.79
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
India Sensex / May 6	74134.73
Hang Seng / May 6	18465.58
Germany DAX 30 / May 6	18032.07

Stock

Volume

S&P 500 / May 3

5127.79

Tokyo Nikkei / May 3

38236.07

Nasdaq / May 3

16156.33

FTSE 100 / May 3

8213.49

Dow Jones / May 3

38675.68

India Sensex / May 6

74134.73

Hang Seng / May 6

18465.58

Germany DAX 30 / May 6

18032.07

Item	Value
Petrol/Litre / May 6	288.49
Crude Oil USD/Barrel / May 6	78.37
Karachi Cotton PKR/37.32 KG / May 6	19935
Gold 10 Grams PKR / May 6	206190
Gold Spot USD/Ounce / May 6	2311.29
Diesel/Litre / May 6	281.96

Item

Value

Petrol/Litre / May 6

288.49

Crude Oil USD/Barrel / May 6

78.37

Karachi Cotton PKR/37.32 KG / May 6

19935

Gold 10 Grams PKR / May 6

206190

Gold Spot USD/Ounce / May 6

2311.29

Diesel/Litre / May 6

281.96

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▼ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▼ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▲ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▲ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Stock

Volume

P.I.A.C.(A) / May 6

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / May 6

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / May 6

Pakistan Petroleum Limited(PPL)