31 Jul 2014
Tribunal upholds FCA fine and ban for former hedge fund CEO Alberto Micalizzi
The Upper Tribunal has dismissed Alberto Micalizzi’s appeal against the Financial Conduct Authority’s (FCA) decision to fine and ban him…
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Capita Financial Managers to offer US hedge fund AIFM service
Capita Financial Managers (Ireland) Limited has been granted an alternative investment fund manager (AIFM) licence by the Central Bank of…
Commodity hedge funds continue building momentum in 2014
Commodity funds, as represented by the Newedge Commodity Trading Index, were the best performers in the firm’s suite of hedge fund indices…
30 Jul 2014
Bedell Trust authorised to provide depositary services from London and Jersey
Bedell Trust has received regulatory approval and a variation of permission from the Financial Conduct Authority (FCA) to provide…
DTCC launches client data and documentation utility
The Depository Trust & Clearing Corporation (DTCC) has teamed up with six banks to launch Clarient Entity Hub, which is designed to…
Cordium partners with IP Sentinel
Cordium, a provider of compliance consulting, accounting, tax and software to the financial services industry, has partnered with IP…
Chi-X Japan welcomes Yamawa Securities and Ark Securities as trading participants
Chi-X Japan, a wholly owned subsidiary of alternative market operator Chi-X Global, has added two local brokers, Yamawa Securities and Ark…
Gottex secures FINMA approval for EIM merger
Gottex Fund Management has received FINMA approval for its merger with EIM Group.The merger is expected to complete during August. The…
Six things to watch for in wake of new US money fund rules
Moody’s outlines six things to watch for in the wake of new US money fund rules…1. Will money fund managers alter their investment…
CFTC fines JP Morgan Securities USD650,000 over inaccurate large trader reports
The US Commodity Futures Trading Commission (CFTC) has filed and settled charges against JP Morgan Securities (JPMS), a futures commission…
Calm markets prevail despite pockets of turmoil worldwide
Equity-market risk declined broadly in the second quarter, falling by some measures to levels not seen in more than 30 years, according to…
29 Jul 2014
SEC rules ‘supporting’ dark pools, says CMCRC
SEC trading rules may be providing dark venues a regulatory advantage over traditional stock exchanges, according to research by The…
Emerging markets equity hedge funds to lead returns over next five to seven years, says NEPC survey
Endowments and foundations are still bullish on hedge fund strategies, with 65 per cent of respondents noting hedge fund exposure greater…
Expanding support for alternative UCITS hedge fund managers
SuMi TRUST Global Asset Services (GAS) has been supporting UCITS funds from its Dublin operation since 1995 and non-UCITS funds since 1990.…
Dispelling the myths about alternative UCITS
By Ian Swallow – A framework, not an endorsement: The popularity of the UCITS ‘brand’ is beyond question and this continues to be one of…
