19 Jan 2017
Neuberger Berman launches Global Opportunistic Bond Fund
Neuberger Berman has broadened its fixed income UCITS offering with the launch of the Neuberger Berman Global Opportunistic Bond Fund.The…
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Alger acquires Weatherbie Capital
Alger Associates has agreed to acquire Boston-based Weatherbie Capital, a growth equity manager with over USD800 million in assets under…
Hedge fund returns reach three-year high in 2016, says Preqin
The Preqin All-Strategies Hedge Fund benchmark posted returns of 7.40 per cent in 2016, marking the best performance year for the industry…
18 Jan 2017
BH Global adds to board
BH Global, a London-listed closed-ended investment company, has appointed Julia Chapman to the board of the company.Chapman is a solicitor…
Dolfin launches unconstrained credit strategy
Dolfin has launched the Dolfin Unconstrained Credit Strategy, which targets consistently positive returns in all market contexts by…
Convergex Prime Brokerage adds clients with over USD1bn in assets
Convergex’s Prime Brokerage business added new clients with a collective total of over USD1 billion in assets during 2016 and continues to…
A ‘KURE’ for regulatory fatigue: Koger Universal Regulatory Engine
By Ras Sipko (pictured), Koger USA – For the past four years, alternative fund managers with US investors have been coming to terms with…
Cayman LLC offers multiple applications to investment managers
The Cayman Limited Liability Companies Law (`LLC Law') was formerly introduced on 8 July 2016 and is expected to be used for a broad range…
Tax reporting under CRS to commence in 2017
The US Foreign Account Tax Compliance Act reporting cycle has been running now for two years. As such there is a good level of visibility…
CIMA increases fund governance enforcement powers
The Cayman Government is currently proposing legislative changes which would give CIMA additional powers to impose administrative fines on…
People and process key to effective AML framework
As global asset management groups increasingly adopt digital platforms to connect with counterparties and investors in today's…
Cayman finalises AIFMD‑like regime
In 2018, the National Private Placement Regime pathway to access European investors is scheduled to be phased out. But given that ESMA is…
Davos for alternative investment fund managers
The fourth annual Cayman Alternative Investment Summit (CAIS), scheduled for 15-17 February in the Cayman Islands, will convene leading…
Hedge fund redemptions show market is maturing
The third quarter of 2016 saw an estimated USD28 billion of hedge fund net outflows – the highest since 2009. This brought year-to-date…
Board observer rights – Is it a good idea?
By Leon den Exter (pictured) & Vumi Dube, DMS Governance – A professional director for a hedge fund might take an instinctive view that…