01 Jan 2013
Rajaratnam to pay USD1.47m over insider trading charges
Former hedge fund manager Raj Rajaratnam is to pay USD1.47 million to settle insider trading charges brought against him by the Securities…
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Societe Generale Corporate & Investment Banking joins EurexOTC Clear for interest rate swaps
Societe Generale Corporate & Investment Banking has become a clearing member of EurexOTC Clear for Interest Rate Swaps (IRS). By…
Fortress co-founder Kauffman announces retirement
Fortress Investment Group Principal and Director Robert Kauffman has elected to retire from the company and its Board of Directors after a…
New European regulations will put compliance pressures on US alt fund managers, says KPMG survey
A KPMG International survey of more than 70 alternative investment fund managers reveals that nearly half have not taken any concrete steps…
27 Dec 2012
ESMA clarifies rules for alternative investment funds and their managers
The European Securities and Markets Authority (ESMA) has launched a consultation on guidelines on key concepts of the Alternative…
LCH.Clearnet and NYSE Euronext reach agreement on cash equity clearing
LCH.Clearnet SA, the Paris-based clearing house of LCH.Clearnet Group, and NYSE Euronext have reached an agreement on the main terms and…
24 Dec 2012
Jersey cites business as usual following publication of AIFMD rules
Jersey is ideally placed to embrace the requirements of the Alternative Investment Fund Managers Directive (AIFMD), according to Jersey…
Morningstar MSCI Composite Hedge Fund Index up 0.5 per cent in November
The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in the Morningstar Hedge Fund…
Dow Jones Credit Suisse Hedge Fund Index up 0.64 per cent in November.
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished November up 0.64 per cent, with nine out of 10…
CFTC approves exemptive order on cross-border application of swaps provisions of Dodd-Frank
The Commodity Futures Trading Commission has approved an exemptive order providing time-limited relief from certain cross-border…
SS&C GlobeOp Forward Redemption Indicator measures 6.19 per cent for December
The SS&C GlobeOp Forward Redemption Indicator for December 2012 measured 6.19 per cent, up from 5.19 per cent in November. "Expected…
Guernsey well advanced on AIFMD preparations
Guernsey is well on the way to introducing a funds regime which is compliant with the EU’s proposed Alternative Investment Fund Managers…
23 Dec 2012
UCITS enjoy EUR41billion in net inflows in October, EU national authorities have two months to comply with ESMA’s consolidated guidelines…
Newedge announced this week that it had been appointed as swap counterparty to two new UCITS funds under the Nuveen Global Investors Fund…
Goodbye 2012
By Pete Ort, Curalea Associates – Another year now ending, goodbye to twenty twelve, Into events that have unfolded, let us briefly…
21 Dec 2012
AIFMD Level 2 brings alternative investment fund industry closer to reality, says ALFI
The establishment of a regulated alternative investment industry in Europe took a major step forward with the publication of the European…
