01 Aug 2012
Hoopes to pay over USD11.8m for operating Ponzi scheme
The US Commodity Futures Trading Commission has obtained a federal court order requiring defendant Michael Justin Hoopes of Rexburg, Idaho,…
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Depository receipts market flat in first half, says BNY Mellon
January through June 2012 has seen 79.5 billion depository receipts valued at USD1.49trn traded on the world’s markets and exchanges, the…
31 Jul 2012
AlphaMetrix adds 18 full-time employees in Columbus, Ohio office
AlphaMetrix, a secure online marketplace for private investments, has added 18 full-time employees in its Columbus, Ohio office. The new…
CFTC charges Victor Yu and VFRS with forex fraud
The Northern District of California has entered an emergency order freezing the assets of defendants Victor Yu of San Jose, California, and…
Fund managers believe AIFMD will lead to less competitive market
Fund managers believe the European Commission’s Alternative Investment Fund Managers Directive will lead to fewer non-EU fund managers…
Full-fat FATCA still applies for most global firms
Julian Skingley, partner in financial services at Ernst & Young EMEIA, comments on the recent FATCA intergovernmental agreements…
TT International switches benchmark from FTSE to MSCI
TT International, a UK based high-alpha specialist offering long only and hedge fund strategies, has adopted the MSCI Europe ex UK Index as…
30 Jul 2012
LCH.Clearnet appoints Martin Ryan as group head of operations and client services
LCH.Clearnet Group has appointed Martin Ryan as group head of operations and client services, reporting to Christophe Hemon, group chief…
Citi awarded Value Partners mandate
Citi has been awarded a mandate by Value Partners Group, one of Asia's largest asset management firms, to provide a complete suite of…
Julio Herrera joins Oaktree to manage emerging market opportunities strategy
Oaktree Capital Group has recruited Julio Herrera to manage a new Emerging Market Opportunities investment strategy focused on distressed…
FundCount embeds F3 to offer integrated risk management solution
FundCount, a provider of investment management and accounting software, has integrated FINCAD’s F3 into its FundCount Risk Analytics…
29 Jul 2012
Effective data management – a growing challenge for hedge fund managers
Providers of outsourced services not only can help hedge fund managers meet the new requirements of regulators and investors for more…
Mirabaud hires emerging markets trio, LUMA platform teams up with Southport Harbor Associates…
Singapore-based asset manager, Milltrust International Group, founded by Simon Hopkins in January 2011, has launched an innovative range of…
27 Jul 2012
Israel hedge funds constantly top industry average, says fund administrator
A survey conducted by Israeli fund administrator Tzur Management highlights the significant expansion in the country’s funds industry over…
ESMA publishes review of accounting treatment of Greek sovereign debt
The European Securities and Markets Authority has published a review of Greek government bonds accounting practices in the IFRS financial…
