30 May 2012
AIFM Directive – Analysis highlights Commission’s divergence from Esma level 2 proposals
By Olivier Sciales of Chevalier & Sciales – The Alternative Investment Management Association has published an analysis of the…
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FSA bans and fines hedge fund CEO Alberto Micalizzi GBP3 million
The Financial Services Authority (FSA) has published a decision notice indicating that it has decided to fine Alberto Micalizzi GBP3…
Miami HF adviser charged for misleading investors
The Securities and Exchange Commission has charged a Miami-based hedge fund adviser for deceiving investors about whether its executives…
RBC Dexia and Accenture report predicts sweeping changes to Spanish investment industry
The shape of Spain’s asset management industry is set to change dramatically according to a report by RBC Dexia and Accenture.The report…
29 May 2012
Nikko AM expands manager selection business
Nikko Asset Management (Nikko AM) has appointed Aoifinn Devitt as Head of World Series Fund Platform to lead and manage the expansion of…
Clark Capital added to EQIS's turnkey asset management platform
Clark Capital Management Group will now be available for inclusion in custom portfolios on EQIS Capital Management’s platform.Clark…
Two men admit to roles in alleged market manipulation
The British Columbia Securities Commission has settled with two men who admitted to participating in an alleged market manipulation…
Ogier expands global network into Luxembourg
Ogier has opened a boutique law firm in Luxembourg as it continues to expand its worldwide network.This development is in keeping with…
28 May 2012
Investors need to make their money work in low interest rate environments
While the lowest interest rates in 38 years may be providing welcome relief to the over-indebted consumer, many cash flush investors find…
SEC halts fraudulent investment scheme by New York-based fund manager
The Securities and Exchange Commission has announced charges against a New York-based fund manager and his two firms for luring investors…
Guernsey funds delegation heads for the US
A delegation of Guernsey practitioners is heading across the Atlantic to promote the Island as a major centre for investment funds…
Macquarie takes Czarnikow stake
Macquarie Group Ltd (Macquarie) is acquiring a 42.5% stake in sugar and ethanol advisory, supply chain management and trading firm C…
ICAP’s iLinked to offer index futures rolls e-trading
Interdealer broker ICAP has added index futures rolls to its recently launched equity derivatives electronic offering, iLinked, on the ICAP…
Guernsey funds grow nearly GBP9 billion in Q1
The total value of funds business in Guernsey grew by GBP8.7 billion (3.3%) during the first quarter of the year.New figures from the…
27 May 2012
Cross-border distribution into Asia facing challenges, JPMAM close statistical market neutral fund, Fitzsimmons to depart Threadneedle
Independent corporate governance and support services provider, Carne Group, has published the latest addition of its UCITS Guide for…