02 Apr 2012
GenSpring faces lawsuit over hedge funds in USD57m portfolio in case filed by Vernon and Dovin Legal Team
GenSpring Family Offices breached its fiduciary duty and committed gross negligence when it failed to adequately diversify the USD57…
More
31 Mar 2012
NYSE Liffe to launch equity options on Ziggo
NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX), will add options on the shares of Ziggo to its highly successful…
SYZ & Co launches OYSTER US Selection UCITS fund
Swiss banking group SYZ & Co this week announced the launch of OYSTER US Selection, a new sub-fund of its OYSTER Luxembourg UCITS…
Ireland approves new corporate fund structure
The Irish Minister for Finance has approved, in principal, the development of legislation for a new corporate fund structure intended to…
13 out of 27 EU Member States yet to fulfill tax obligations under UCITS IV
Although the overall number of countries with tax issues as a result of implementation of the UCITS IV Directive has decreased since 2010,…
Maples and Calder's Cayman and British Virgin Islands offices to expand leading funds team
The Cayman Islands and British Virgin Islands (BVI) offices of international law firm Maples and Calder (Maples) have recruited seven…
30 Mar 2012
IFG Group sells international division to AnaCap Financial Partners
IFG Group has signed an agreement for the sale of its entire International Division (Segment) to AnaCap Financial Partners II LP.The…
HFR and Morningstar launch strategic distribution partnership
HFR and Morningstar have launched a strategic distribution partnership with Morningstar Direct Institutional Software. HFR is a leading…
29 Mar 2012
Asian hedge funds start to bounce back
Although last year was one to forget for Asian hedge funds, in particular long/short equity managers who ended the year down nearly 14 per…
HKEx to spend HKD3 billion on ‘Orion’ technology upgrade
Hong Kong Exchanges & Clearing (HKEx) are to spend HKD3billion (USD388million) on technology upgrades over three years to expand its…
Asia should be better positioned to deal with market slowdowns says CQS’s Hintze
Michael Hintze, founder and chief executive of USD11.8billion hedge fund firm CQS, believes that while Asia markets have moved on since the…
SFA adds asset management industry representative to Board of Directors
The Annual General Meeting of the Swiss Funds Association (SFA) has elected Felix Haldner (pictured), Head Investment Structures at…
Lamont and Flanders set for debate at Guernsey Funds Forum
All eyes will be on former UK Chancellor of the Exchequer Norman Lamont (pictured) and Economics Editor and Broadcaster Stephanie Flanders…
SEC obtains preliminary injunction in New York investment adviser case
The US District Court for the Eastern District of New York has issued an order granting a preliminary injunction and other relief against…
CFTC looks to revoke registrations of Illinois resident Joseph A Dawson and Strategic Research LLC
The US Commodity Futures Trading Commission (CFTC) has filed a notice of intent to revoke the registrations of Illinois resident Joseph A…