11 Sep 2014
CFTC charges Florida attorney with aiding and abetting illegal metals transactions and fraud
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement complaint against Florida attorney Jay Bruce Grossman…
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10 Sep 2014
Hiscox launches Private Investment Fund Portfolio
Specialist insurer Hiscox has launched the Private Investment Fund Portfolio, providing protection for many types of asset management…
ABN AMRO Clearing appoints FX product manager
ABN AMRO Clearing has recruited Noel Singh for the new role of FX product manager, responsible for developing international expansion…
Maples Fund Services opens Boston office
Maples Fund Services has opened an office in Boston, expanding its North American presence.Boston will be a full-service office that will…
Hedge funds redeem USD40m in July and outperform S&P 500
The hedge fund industry redeemed USD40 million in July, the first monthly outflow of the year, after taking in USD5.1 billion (0.2 per cent…
BGC Partners to offer to acquire GFI Group shares for USD5.25 per share
BGC Partners intends to commence a tender offer to acquire all of the outstanding shares of GFI Group for USD5.25 per share in cash in a…
09 Sep 2014
CFTC issues no-action letter for CPOs with wholly-owned trading subsidiaries
The US CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO) has issued a no-action letter for commodity pool operators (CPOs)…
Virtus and SunGard to offer integrated bank debt service
Fixed income asset administrative and middle-office services and data provider Virtus Partners is teaming up with VPM, SunGard’s asset…
Crop producer confidence slumps as commodity prices drop
Overall agriculture producer confidence has fallen considerably since March following significant drops in commodity prices and in…
Investor demand fuelling dramatic growth of hedge fund liquid alternatives, says DB study
The percentage of participating investors allocating liquid alternative investments rose from 28 per cent to 51 per cent year-on-year,…
SEC charges HF manager with bilking investors and portfolio pumping
The Securities and Exchange Commission (SEC) has charged a Minneapolis-based hedge fund manager, his investment advisory firm and an…
Attracting Institutional Capital: Changing Investor Appetite for Private Real Estate
With increasing investor appetite for private real estate resulting in improved fundraising, Preqin compares fund managers’ and investors’…
Gallatin Advisers rebrands as PivotalPath
Hedge fund advisory firm Gallatin Advisers has changed its name to PivotalPath (Americas) LLC and appointed Jonathan Caplis as its chief…
Strand Partners re-launches as Hannam and Partners
International resource and emerging markets focused advisory firm Strand Partners is re-launching with a new brand, Hannam and…
08 Sep 2014
Broadridge launches performance and attribution solution for hedge funds and investment managers
Broadridge Financial Solutions has launched Broadridge Investment Management Solutions (IMS) Performance Reporting, exclusively designed…
