08 Nov 2010
Gartmore launches strategic review as Roger Guy announces retirement
Gartmore has appointed Goldman Sachs to conduct an “assessment and evaluation of the strategic options for the Company”, which may include…
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Cayman on track to register 1,200 hedge funds in 2010
Offshore hedge fund jurisdiction Cayman Islands expects to register 1,200 new open-ended funds in 2010. This is the same figure as in 2009,…
Offshore fund centres should co-operate as well as compete, say Appleby lawyers
Offshore jurisdictions should join forces to lobby larger nations and international organisations on matters affecting them, according to…
A&L Goodbody remains top legal adviser in Irish funds industry
A&L Goodbody remains the leading Irish legal adviser to the Irish funds industry, representing domiciled and non-domiciled funds with a…
Maitland reaches USD100bn assets under administration
Maitland, a fund administrator, has reached USD100bn of assets under administration. This follows a contract with South Africa’s largest…
Cantab Capital Partners to launch Ucits fund
Cantab Capital Partners, a UK-based alternative investment company, is preparing to launch the Cantab Quantitative Ucits Fund.Cantab…
CFTC charges Florida and Virginia residents with USD28m Ponzi scheme
The US Commodity Futures Trading Commission has filed an enforcement action charging Phillip Milton of Palm Beach Gardens, Florida, Gregory…
IAM favours long/short equity managers focused on emerging markets
Fund of hedge funds manager International Asset Management says it continues to favour the opportunity set for long/short equity managers…
GlobeOp completes Type II exam for fund administration controls
GlobeOp Financial Services has completed a Type ll independent examination of its middle, back office and fund administration controls and…
NYSE Euronext derivatives trading volume up 6.2 per cent
Global derivatives average daily trading volume totalled 7.5 million contracts in October 2010, up 6.2 per cent versus the prior year but…
CFTC charges Richard Theye and Micind Capital with running Ponzi scheme
The US Commodity Futures Trading Commission has filed an action in federal court in Austin, Texas, charging Richard D. Theye and his…
Hedge funds post second consecutive month of gains in October
Hedge funds posted the second consecutive month of gains in October, as equity markets continued their broad advance on improving prospects…
Hedge funds advance 1.9 per cent in October
The Hennessee Hedge Fund Index advanced 1.9 per cent in October and is up 6.6 per cent year-to-date. The S&P 500 advanced 3.7 per cent…
CFTC charges Highlands Capital Management with defrauding customers
The US Commodity Futures Trading Commission has filed an enforcement action charging Highlands Capital Management, based in San Francisco,…
Hedge Fund Association opposes self-regulatory organisation
The Hedge Fund Association is opposing the creation of any hedge fund self-regulatory organisation. The feasibility and benefits of…
