13 Dec 2010
Chi-East joins with TNS to boost global connectivity
Financial market participants across Asia can now seek dark pools of liquidity throughout the region, following an agreement between…
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DTCC launches OTC equity derivatives cash flow matching and netting service
The Depository Trust & Clearing Corporation has launched an automated over-the-counter equity derivatives cash flow matching and…
Butterfield Fulcrum expands EMEA business development team
Butterfield Fulcrum, a fund administration company for the alternative investment industry, has appointed Edwin Parker as director of…
CFTC charges floor broker Kent Whitney with options fraud
The US Commodity Futures Trading Commission has filed an enforcement action charging Kent R.E. Whitney, a registered floor broker, with…
Picard files civil racketeering claims against Sonja Kohn, Bank Medicii, Unicredit, Bank Austria and 53 other defendants
Irving H. Picard, the trustee for the liquidation for Bernard L. Madoff Investment Securities LLC (BLMIS) has filed a complaint seeking USD…
Headhunting firm predicts decline of candidate placements in hedge fund space
The historical trend of hedge funds acquiring talent from financial institutions could be reversed going into 2011, as new regulations for…
12 Dec 2010
Isle of Man says it will meet AIFM Directive criteria
Following approval of the Alternative Investment Fund Manager Directive by the European Parliament, the Isle of Man says it welcomes the…
A&L Goodbody completes investment fund company redomiciliation to Ireland
Law firm A&L Goodbody has completed the first investment fund company migration to Ireland from Bermuda, under new legislation which…
Czarnikow advises Rio Vermelho mill on equity capitalisation by Glencore
Czarnikow, the UK’s second oldest sugar trader, has advised Rio Vermelho, a Brazilian ethanol producer, on Glencore’s acquisition of a 76…
Citi launches prime finance business advisory practice
Citi’s prime finance division has launched a business advisory practice, combining hedge fund industry research and thought leadership with…
Northern Trust to support production of Key Investor Information Documents
Northern Trust is assisting fund managers with the generation and maintenance of Key Investor Information Documents. This latest automated…
Australian futures trader’s sentence upheld
Former futures trader Spartaco Fasciale has lost his appeal against a six year jail term for obtaining property and a financial advantage…
Global hedge fund industry employs 300,000 people, says Aima
The world’s hedge fund industry employs an estimated 300,000 people, according to the Alternative Investment Management Association. Aima…
UCITS lose 0.21 per cent in November
Figures for November released by UCITS Alternative Index show that its Alternative Index Global was down 0.21 per cent to leave it at +0.78…
State Street Vision Focus report outlines merits of Asian fund passporting a la UCITS
A research report written by State Street Hong Kong entitled Vision Focus: Asian Funds Passport to Growth, has attempted to address Asia’s…
