Sign up for free newsletter

 

Europe

gavel and law books

Thousands of Swiss asset managers ‘breaching’ new FINMA rules, says MPL

Mon, 27/04/2015 - 17:00

Managing Partners Limited (MPL) has launched a new service to help the thousands of Swiss asset management firms it believes are now struggling to meet – and are already breaching – new rules introduced by regulator FINMA. »

John Seo, Fermat Capital Management

Cat bonds – issuance, yields and what’s to come

Mon, 13/04/2015 - 12:46

Dr John Seo (pictured), Co-Founder and Managing Principal, Fermat Capital Management on the UK government’s plans for tax legislation allowing cat bonds to be issued from and domiciled in the UK… »

barred

City Noble calls on a ban for DB to DC transfers

Mon, 30/03/2015 - 13:23

There has been speculation that defined benefit transfer volumes will increase after April as clients seek to take advantage of the new flexibility, says Eamonn O’Connor, Director at City Noble… »

Rolf Bachner, Managing Director, EMEA Funds Product Manager, BNY Mellon

UCITS V fine tunes investor protection

Thu, 19/03/2015 - 11:37

Rolf Bachner (pictured), Managing Director, EMEA Funds Product Manager, BNY Mellon, commenting on the new UCITS V regulations… »

Isle of Man

Isle of Man launches Insurance Special Purpose Vehicle legislation

Tue, 10/03/2015 - 10:30

The Isle of Man Government has launched new legislation in respect of Insurance Special Purpose Vehicle (ISPV) legislation which enhances the Island’s proposition for insurance business. »

Irish

IFIA welcomes first funds under new ICAV Act

Tue, 10/03/2015 - 09:00

The Irish Funds Industry Association (IFIA) has welcomed the enactment of the Irish Collective Asset-management Vehicle (ICAV) Bill, signed into Irish law by the Irish president late last week.  »

Omar Kodmani, Permal Group

Fund of funds group Permal to launch onshore in Ireland

Mon, 09/03/2015 - 10:22

Permal is one of the first fund managers to take advantage of the new Irish Collective Asset management Vehicle or ICAV structure, with plans to use it to bring up to USD4bn of assets onshore.   »

law books

FCA fines Aviva Investors GBP17.6m for systems and controls failings

Thu, 26/02/2015 - 09:00

The Financial Conduct Authority (FCA) has fined Aviva Investors Global Services (Aviva Investors) GBP17,607,000 for systems and controls failings that meant it failed to manage conflicts of interest fairly.  »

Leila Khazeneh, Jabre Capital Partners

Harmonisation with EU standards is crucial

Tue, 24/02/2015 - 20:36

“One of the most important considerations for us when choosing the legal representative was that they had a strong compliance structure,” affirms Leila Khazaneh (pictured), general counsel at Jabre Capital Partners, one of Switzerland’s most established hedge fund managers.  »

law books and gavel

ConceptONE facilitates Annex IV filings in multiple EU jurisdictions

Mon, 16/02/2015 - 20:00

ConceptONE has facilitated the successful submission of AIFMD Annex IV filings for clients in multiple EU jurisdictions utilising its RegERM platform.  »

EU flag

Switzerland’s challenge is Germany’s opportunity

Fri, 16/01/2015 - 16:45

The eurozone could soon see full scale quantitative easing, says Robert Smith, Investment Manager of the Baring Asset Management German Growth Trust… »

dark pool

SEC charges UBS subsidiary over dark pool violations

Fri, 16/01/2015 - 16:00

The Securities and Exchange Commission has charged a subsidiary of UBS with disclosure failures and other securities law violations related to the operation and marketing of its dark pool. »

Peter Cripwell, RiskSystem

Annex IV impact will be substantial

Tue, 13/01/2015 - 10:20

Ahead of the 31 January 2015 deadline for Annex IV reporting, Peter Cripwell (pictured), CEO of RiskSystem, gives his views on the issues it’s having on the industry… »

Dominic Wheatley, Guernsey Finance

A unique offering for Latin American investment

Wed, 17/12/2014 - 10:13

Dominic Wheatley (pictured), Chief Executive of Guernsey Finance, explains how the Island provides Latin American fund managers and investors with a unique offering. »

Ben Eaton, Goodwin Procter

UK Finance Bill 2015 draft clauses sow further uncertainty

Fri, 12/12/2014 - 11:58

Ben Eaton (pictured), a UK tax partner in Goodwin Procter’s London office, comments on the Finance Bill 2015 draft clauses published by the UK government… »

Guernsey flag

A fresh solution for open-ended funds

Thu, 11/12/2014 - 13:03

By Dominic Wheatley, Guernsey Finance – Guernsey’s 50 years as a funds centre makes it an ideal jurisdiction in which to nurture innovative open-ended funds, argues Dominic Wheatley from Guernsey Finance. »

Geoff Cook

New legislation can bolster Jersey Hedge Fund appeal, says Jersey Finance

Tue, 09/12/2014 - 14:15

A change to Jersey’s legislation will help bolster the jurisdiction’s standing as a centre for hedge fund business, according to Jersey Finance. »

John Cartwright, AREF

AREF welcomes UK's proposed stamp duty land tax relief

Thu, 04/12/2014 - 11:20

John Cartwright (pictured), Chief Executive of the Association of Real Estate Funds (AREF), comments on the UK government’s objective to introduce stamp duty land tax relief in 2016… »

Brian McDermott, A&L Goodbody

The ICAV: New opportunities

Thu, 20/11/2014 - 14:17

By Brian McDermott (pictured) & Nessa Joyce – Ireland took a significant step closer to paving the way for the establishment of the Irish collective asset-management vehicle (the ICAV) with the publication of the ICAV Bill on 29 July this year, the early enactment of which has been cited as a priority for the Irish Government. »

Clive Bellows, Northern Trust

Regulated fund market set to grow with direct lending vehicle

Thu, 20/11/2014 - 13:54

With total hedge fund AuM now nearing USD3trn, the last 12 months have been a noticeable period of growth for the industry at large. Admittedly, 2014’s performance figures aren’t as strong as 2013 but as the regulatory dust in Europe settles many more managers are striking out and launching new funds. »

Sean O'Donovan, Clearstream

A one-stop subcustodian service

Thu, 20/11/2014 - 13:50

On 3 October 2014, Clearstream, a Luxembourg-headquartered international central securities depositary, successfully completed the acquisition of Citco Global Securities Services Limited (CGSS). With the integration of around 300 Citco employees, the Cork-based office is now Clearstream’s largest operational hub for processing funds. »

Toem Kirkpatrick, SS&C GlobeOp

New tool for operational risk

Thu, 20/11/2014 - 13:46

Under the AIFMD, European fund managers must focus more intently on operational risk. Earlier this summer, the Central Bank of Ireland produced an AIF rulebook highlighting 16 requirements to which an AIFM should adhere in order to establish best practices around operational risk. »

Ken Sommerville, Quintillion

Overcoming AIFMD challenges

Thu, 20/11/2014 - 13:41

Quintillion Limited is a European-based affiliate of U.S. Bancorp Fund Services, a global alternative administrator with assets under administration of USD117bn, with Europe’s AuA totalling approximately USD19bn. »

European flags

HFFT Alternative granted Gibraltar AIFM licence

Mon, 17/11/2014 - 14:00

HFFT Alternative Limited has been granted an alternative investment fund manager (AIFM) licence from the Gibraltar Financial Services Commission to provide full AIFM services to both EU and non-EU funds.  »

Gavel

FCA fines five banks GBP1.1 billion for FX failings

Thu, 13/11/2014 - 12:01

The Financial Conduct Authority (FCA) has imposed fines totalling GBP1.1 billion (USD1.7 billion) on five banks for failing to control business practices in their G10 spot foreign exchange (FX) trading operations. »

EU flag

European HF managers in regulators’ sights post AIFMD

Thu, 13/11/2014 - 06:02

Hedge funds in Europe are set to suffer a sharp increase in fines and rejection by investors because of failure to understand changes in governance, reporting and operational requirements under the AIFMD. »

Marketing

FCA master feeders reporting decision creates marketing opportunity for US managers, says ConceptOne

Wed, 12/11/2014 - 11:40

On 1 October the UK's Financial Conduct Authority (FCA) clarified its position that US managers with master-feeder structures would not be required to report on positions held in the master if only the feeder was marketed into the UK.   »

Metal

LME consults on enhancements to physical delivery network

Mon, 10/11/2014 - 12:00

The London Metal Exchange (LME) has launched two market-wide consultations concerning enhancements to its physical delivery network and to the LME Warehouse Agreement. »

Gavel

Former Moore Capital trader pleads guilty to insider dealing

Sun, 09/11/2014 - 08:43

Julian Rifat, a former senior execution trader at Moore Capital Management has pleaded guilty to an indictment reflecting eight instances of insider dealing. Profits from the dealing exceeded GBP250,000.    »

Alexandre Jaumotte, PwC

SCSp gives real estate fund managers greater choice

Fri, 24/10/2014 - 13:53

PwC Luxembourg is the leading professional services firm in the country with around 2,400 people. Similarly, its Real Estate and Infrastructure team is the largest multidisciplinary team of specialists in the Grand Duchy with more than 250 experts supporting global real estate managers; these range from tax advisers and engineers to auditors and fund accountants. »

features
Article
EU Flag

Hedge fund manager outlook on the AIFMD

Wed, 22/07/2015 - 19:52

The introduction of the Alternative Investment Fund Managers Directive (AIFMD) into European law in 2013 was part of a series of moves towards greater regulatory oversight of the hedge fund industry in recent years. In our survey, we asked hedge fund managers for their views on the effect of these new regulations on the industry as well as their expectations about the impact of the AIFMD on their firm over the next 12 months, the results of which are analyzed in this extract from the Preqin Special Report: AIFMD in the Hedge Fund Industry – 2015 Update. ... »

Article
Ken MacCuish, Intralinks

A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm.  ... »

Article
Sovereign Wealth Funds

Sovereign wealth funds, though small in number and secretive in nature, wield considerable influence as investors as a result of their sizeable assets under management. This extract is taken from Preqin’s latest report which features exclusive content from the 2015 Preqin Sovereign Wealth Fund Review.  ... »

Special report
Hedgeweek Special Report: Hedge Fund Administration

Hedge Fund Administration 2015

Tue, 16/06/2015 - 09:57

Mergers and acquisitions in recent years have changed the face of hedge fund administration. Big custodial banks are likely to dominate the HFA space in years to come, forming one part of a barbell with a number of well-run, well-capitalised independent HFAs on the other end. This report examines the implications for both hedge funds and their administrators... »

Article
North America

Private debt in North America

Fri, 05/06/2015 - 12:06

The North American private debt industry has seen substantial growth in assets over the last decade. This extract from the Preqin Special Report: Private Debt in North America looks at the current state of private debt fundraising and funds currently in market. ... »

latestjobs
HRIS/HRMS

Tue, 28 Jul 2015 00:00:00 GMT

Executive Assistant

Tue, 28 Jul 2015 00:00:00 GMT

Trade Support Engineer - Leading Broker-Dealer

Tue, 28 Jul 2015 00:00:00 GMT

events
3 weeks 4 days from now - New York
4 weeks 5 days from now - Texas
5 weeks 6 days from now - New York
6 weeks 5 hours from now - New York
specialreports