While some hedge funds are long-only and others are long-short, OpenGamma has developed software for very quant-driven funds whose strategies use the application of risk to drive their returns, added Wylie.
Under the SEC's application of the so-called Sarbanes-Oxley fair funds provision, government penalties passed on to victims are not supposed to reduce any settlements won in court.
On Monday, Shui On said that China Xintiandi has submitted an application to list in Hong Kong with the stock exchange, and funds raised will go toward expansion.
In those instances when such research leads to a novel technology, it is the role of the NIH and recipients of NIH funds to disseminate the research findings and, as appropriate, pursue further development to bring technologies to practical application to benefit the public.