24 Sep 2012
SS&C GlobeOp Forward Redemption Indicator at 3.76 per cent for September
The SS&C GlobeOp Forward Redemption Indicator for September 2012 measured 3.76 per cent, up from 3.34 per cent in August. "Forward…
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Kleinwort Benson and Deutsche Bank agree deal for proposed acquisition of BHF-BANK
Kleinwort Benson Group (KBG), the wholly owned subsidiary of financial services group RHJ International (RHJI), has reached agreement with…
Second interim distribution to Madoff claims holders totals USD2.5bn
Irving H Picard, SIPA trustee for the liquidation of Bernard L Madoff Investment Securities, has announced that cheques for the second pro…
Joel S Torrance joins Gabelli Securities’ alternative investment group
Gabelli Securities, a subsidiary of Gamco Investors, has appointed Joel S Torrance to assist in the firm’s alternative investment fund…
23 Sep 2012
Alix Capital launches six new UAIX indices, 2012 sees highest number of alternative UCITS fund closures
A new report by KPMG has found that European asset managers are strongly opposed to plans by the European Commission to categorise some…
21 Sep 2012
SEC charges Atlanta-based adviser over Ponzi-like scheme involving private investment funds
The Securities and Exchange Commission has announced charges against a private fund manager and his Atlanta-based investment advisory firm…
Ares Management completes Form PF filing using SS&C GlobeOp’s Form PF solution
Ares Management, a multi-billion dollar asset manager, has completed its initial filing of Form PF in line with the August deadline, using…
Michael Milmoe named alternative investment business development officer for US Bancorp Fund Services
US Bancorp Fund Services has named Michael Milmoe senior vice president and alternative investment business development officer. Based in…
SEC charges Oregon-based hedge fund manager over USD37m Ponzi scheme
The Securities and Exchange Commission has filed fraud charges against a Portland, Oregon-based investment adviser who perpetrated a…
Swiss fund market stable at just under CHF700bn
Assets under management in Swiss investment funds reached CHF699bn in August, an increase of CHF4.8bn month-on-month, according to the…
20 Sep 2012
South Korean CDS narrow on ratings upgrade, global hedge funds show interest in Malaysian IPO…
Australia’s hedge fund industry is now bigger than either Hong Kong or Singapore as institutional money migrates to alternative managers…
Malta is not a small island of light touch regulation
By Adam de Domenico (pictured) – There are many reasons why managers might decide to come to Malta; its favourable tax regime, climate,…
Private equity funds and the AIFM Directive
By Dr Stephanie Micallef (pictured), Ganado & Associates, Advocates – Malta has become an attractive jurisdiction for funds, due in…
Working under the AIFM Directive
By Chris Casapinta (pictured) – The role of fund administrators has changed quite substantially in recent times. In part because of…
Local fund regime could run in parallel with AIFMD
Interview with Joseph Saliba – In May this year, two draft versions of the Directive’s Level II measures came into circulation, with the…