29 Jul 2014
Alternative UCITS enjoy strongest level of growth since 2009
“Over the first six months of this year there’s been an acceleration of AuM growth. According to our database, assets in alternative UCITS…
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Research-driven funds designed to mitigate strategy-specific risk
Towards the end of 2013 Harcourt Investment Consulting, the alternatives arm of Vontobel Asset Management, launched a family of three funds…
Manager selection yields substantial results
Last year, the average long/short equity alternative UCITS fund returned 11.07 per cent according to Alix Capital. It was the first sign…
Plenty of room for growth as assets reach USD1bn
Last February, just before ESMA published its updated guidelines on ETFs and UCITS, Lyxor Asset Management made its first foray into the…
Alternative UCITS platforms record strong AuM growth
Market regulation and the desire among investors for regulated alternative funds has proven to be a fantastic opportunity for platform…
Ramius and SSgA plan managed futures fund relationship
Ramius has filed a proxy statement with the US Securities and Exchange Commission seeking shareholder approval to hire State Street Global…
Context Alternative Strategies Fund added to three mutual fund platforms
Context Asset Management’s alternative mutual fund, the Context Alternative Strategies Fund, is now available for purchase on three mutual…
Securities exchange an added dimension to Bahamas financial industry
By Holland Grant – The Bahamas International Securities Exchange (BISX) was established as a private, for-profit company in September 1999…
Hedge funds turn cautious on high yield, says Lyxor
Markets keep grinding higher with equities buoyed by corporate earnings in the US and sovereign bond yields undeterred by the appetite for…
CFTC charges Lloyds over LIBOR manipulation
The US CFTC has issued an order against Lloyds Banking Group and Lloyds Bank, bringing and settling charges for acts of false reporting and…
Former Harbinger COO to settle SEC charges
The former chief operating officer (COO) at Harbinger Capital Partners is to settle SEC charges that he assisted a scheme by the firm and…
Nasdaq OMX Clearing appoints BNY Mellon to provide US Treasury clearing and custody
Nasdaq OMX Clearing has appointed BNY Mellon to provide EMIR-compliant clearing and custody services for US Treasuries within the Nasdaq…
28 Jul 2014
ESMA consults on counterparty risk calculation methods for UCITS subject to central clearing
The European Securities and Markets Authority (ESMA) has launched a consultation on the calculation of counterparty risk by UCITS which…
Citigroup ATS business unit charged over confidential subscriber data failings
The Securities and Exchange Commission (SEC) has charged a Citigroup business unit operating an alternative trading system (ATS) with…
Guernsey Finance chief quits to head up CISE
Fiona Le Poidevin has resigned as chief executive of Guernsey Finance, the promotional agency for the island’s finance industry…