25 Oct 2012
Vega-Chi launches first credit ATS for institutional investors
Vega-Chi US has launched the only high-yield bond trading platform solely for institutional investors. The electronic marketplace is…
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UK’s double-dip recession ends in 'sensational style'
The ONS’ preliminary estimate of Q3 GDP showed the economy grew by a huge 1.0%, ending the UK’s longest double-dip recession since the…
Newscape launches risk-targeted multi-asset fund
Newscape Capital Group has launched its second Ucits fund, the Newscape Diversified Growth Fund. Following a genuine multi-asset strategy,…
Cantor Fitzgerald Investment Advisors to manage Coast's fund of hedge funds business
Cantor Fitzgerald Investment Advisors (CFIA) plans to assume the investment management responsibilities for the fund of hedge funds…
ISDA to further develop CCS with Sapient Global Markets
The International Swaps and Derivatives Association (ISDA) is supporting the Clearing Connectivity Standard (CCS), an industry standard…
Carey Olsen advises Insight on distressed consumer debt fund
Carey Olsen has advised Insight Investment Management on the establishment of a Guernsey registered fund constituted as a limited…
UK Supreme Court allows Rubin appeal in seminal decision
The UK Supreme Court, in the conjoined appeals in Rubin and New Cap, has rejected the modified universalist doctrine that established…
Dion launches end-to-end FATCA product suite
Dion Global Solutions has launched its Foreign Account Tax Compliance Act (FATCA) solutions. Comprising two integrated products, FATCA…
24 Oct 2012
Sciens Alternative Investments appoints Farhang Mehregani as CIO
Sciens Capital Management Group has appointed Farhang Mehregani as chief investment officer of Sciens Alternative Investments (SAI)…
Credit funds preparing for end of Beta drive, says Fitch
Fitch Ratings expects credit markets to be less directional in the coming months. As a result, short duration, lower volatility and…
Phoenix Investment Adviser appoints senior research analyst
Phoenix Investment Adviser, a private investment firm that specialises in high-yield corporate debt, has named Peter Hughes as a senior…
Double Haven acquires DragonBack Capital
Double Haven Capital Management (Hong Kong) Limited (Double Haven) has acquired the hedge fund platform, DragonBack Capital Limited. Prior…
Southern European private companies healthier than public peers, says S&P Capital IQ
Privately-held businesses in debt crisis-stricken Portugal, Spain and Italy are in many respects in better financial health than their…
CFTC clarifies foreign regulators’ indemnification and confidentiality obligations
The Commodity Futures Trading Commission has issued final interpretative guidance to, under certain circumstances, exempt foreign…
23 Oct 2012
CFTC orders Morgan Stanley Smith Barney to pay USD200,000 for supervision violations
The US Commodity Futures Trading Commission has issued an order filing and settling charges that Morgan Stanley Smith Barney, a futures…