03 Apr 2013
Third distribution of recovered funds to Madoff claims holders totals USD506.2m
Irving H Picard, SIPA trustee for the liquidation of Bernard L Madoff Investment Securities, is currently distributing approximately…
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02 Apr 2013
American Capital closes USD414m managed CLO
ACAS CLO 2013-1, an affiliate of American Capital, has closed on the sale of USD414m of collateralised loan obligation bonds. The…
Trading volume in VIX futures reaches new all-time high for third consecutive month
March 2013 was the third consecutive month in which total volume in futures on the CBOE Volatility Index (VIX) and total exchange-wide…
SEC charges Sigma Capital portfolio manager with insider trading
The Securities and Exchange Commission has charged Michael Steinberg, a portfolio manager at New York-based hedge fund advisory firm Sigma…
CFTC approves regulations governing dual and multiple associations of APs of SDs and MSPs
The Commodity Futures Trading Commission (CFTC) has approved final regulations governing dual and multiple associations of associated…
Aquiline and Genstar to acquire Genworth Wealth Management
Aquiline Capital Partners, a New York-based private equity firm investing in the financial services sector, and Genstar Capital, a middle…
01 Apr 2013
Natixis Global Asset Management launches Aurora Horizons Fund
Natixis Global Asset Management has launched the Aurora Horizons Fund, a multi-strategy mutual fund dynamically allocated across multiple…
Bermuda prepares to sign AIFMD cooperation agreement with ESMA
The Bermuda Monetary Authority is advancing preparations to sign a cooperation agreement with Europe under the Alternative Investment Fund…
Greece-focused hedge fund turns cautious
A Greece-focused hedge fund managed by Dromeus Capital Group, which has delivered investors over 50 per cent returns in its first six…
Asia Pacific hedge funds have strongest start to 2013
Preqin’s latest Hedge Fund Spotlight reveals that hedge funds focusing on the Asia Pacific region posted significant returns in January and…
ALFI publishes liquidity guidelines… Morgan Stanley and Equinox partner with Longchamp… Brown Advisory sees assets top USD1 billion…
The Association of the Luxembourg Fund Industry (ALFI) has this week published a comprehensive 46-page report on Liquidity Guidelines
28 Mar 2013
Asia Pacific funds post strongest 2013 returns… investors regain interest in Japanese hedge funds as stock market soars...
ASIC consults on trade reporting obligations for OTC derivatives
The Australian Securities and Investments Commission (ASIC) has proposed draft rules addressing the mandatory trade reporting obligations…
Cayman creates incorporated cell companies
A framework for incorporated cell companies in the insurance sector was created in the Cayman Islands on 25 March, when the Legislative…
Citco expands global footprint with Malta office
Following receipt of the approval to provide fund administration and custody services from the Malta Financial Services Authority, the…
