Daily News

Vcheck Global protects hedge funds with accredited investor reports

Emily.perryman — Tue, 21 May 2013 15:20:20 +0000

Securities and Exchange Commission chairman Elisse Walter has voiced concerns over potential increased investment losses by qualified but unsophisticated “accredited investors”.

Article Tag:

Vcheck Global, due diligence, processes, hedge fund managers, clients, properly vetted

Palico marks one year anniversary with over 1,000 active LPs and GPs

Emily.perryman — Tue, 21 May 2013 15:15:20 +0000

Funds by country Private Equity

After nearly 12 months in operation, over 400 limited partner firms and more than 600 general partner firms from 60-plus countries actively use Palico.

Article Tag:

12 months in operation, 400 limited partner firm, 600 general partner firms, 60-plus countries, Palico

S&C GlobeOp Forward Redemption Indicator at 3.77 per cent for May

Emily.perryman — Tue, 21 May 2013 11:44:29 +0000

United States funds Hedge

The SS&C GlobeOp Forward Redemption Indicator for May 2013 measured 3.77 per cent, up from 2.95 per cent in April.

Article Tag:

SS&C GlobeOp Forward Redemption Indicator, May 2013, 3.77 per cent, 2.95 per cent, April

Altegris Macro Strategy Fund adds strategies of 300 North Capital and Willowbridge

Emily.perryman — Tue, 21 May 2013 11:05:20 +0000

Altegris Macro Strategy I Altegris Funds United States funds Hedge

Alternative investments provider Altegris has allocated assets in its Altegris Macro Strategy Fund to the global macro strategies of 300 North Capital and Willowbridge Associates.

Article Tag:

Altegris Macro Strategy Fund, adds, global strategies, 300 North Capital, Willowbridge Associates, portfolio

Governments should be nervous about Bitcoin, says Rushman

Emily.perryman — Tue, 21 May 2013 09:04:20 +0000

Funds by country Hedge

Professor Jon Rushman believes that in the long term cyber currencies like Bitcoin could see the end of central banks and foreign exchange and so it is understandable governments are nervous about it.

Article Tag:

Professor Jon Rushman, cyber currencies, Bitcoin, central banks, foreign exchange

Lowest price in two years accelerates demand for physical gold

Emily.perryman — Tue, 21 May 2013 05:14:20 +0000

Jersey funds Hedge

GoldMoney sold nearly USD14m (GBP9m) of gold to retail customers in the last two weeks of April, as the price for one ounce of the precious metal fell by up to USD250.

Article Tag:

GoldMoney, sells, USD14m, retail customers, last two weeks, April,

Anchin, Block & Anchin ‘one of the best companies to work for in New York State’

Emily.perryman — Tue, 21 May 2013 05:03:20 +0000

United States funds

Accounting and professional services firm Anchin, Block & Anchin has been recognised as one of the Best Companies to Work for in New York State for the sixth consecutive year.

Article Tag:

Anchin, Block & Anchin, recognised, Best Companies to work for, New York State, sixth consecutive year

Company:

Anchin, Block & Anchin LLP

Moneycorp’s Michael Low is bullish over the UK economy

Emily.perryman — Mon, 20 May 2013 15:00:20 +0000

United Kingdom funds Hedge

The UK economy is set to accelerate and grow over the next two years, according to Michael Low, business development manager of Moneycorp.

Article Tag:

UK economy, accelerate and grow, next two years, Michael Low, Business Development Manager, Moneycorp

Misys releases Sophis VALUE v5

Emily.perryman — Mon, 20 May 2013 13:01:20 +0000

United States funds Hedge

Misys has released Sophis VALUE v5, its flagship buy-side solution.

Article Tag:

Misys, releases, Sophis VALUE v5, buy-side solution, transparency, traditional, alternative asset managers

FIX Protocol publishes updated guidelines for global post-trade processing

Emily.perryman — Mon, 20 May 2013 11:06:20 +0000

Funds by country Hedge

FIX Protocol Ltd (FPL), the non-profit, industry-driven standards body for the electronic trading community, has published updated recommended guidelines for the use of FIX for post-trade processing.

Article Tag:

FIX Protocol Ltd, non-profit, post-trade processing, guidelines

Diapason to launch ForestCare Investment Fund

Emily.perryman — Mon, 20 May 2013 11:03:20 +0000

Diapason Commodities Mana... Switzerland funds Hedge

Independent commodity investment firm Diapason Commodities Management is to launch the ForestCare Investment Fund, an institutional product investing in tangible forestry assets.

Article Tag:

Independent commodity investment firm, Diapason Commodities Management, launch, ForestCare Investment Fund

The BVI funds industry: dynamic, robust and responsive

mkitchen — Mon, 20 May 2013 09:08:25 +0000

British Virgin Islands fu...

By Nadia Menezes, Senior Associate, Appleby – Since the introduction of the Mutual Funds Act, 1996, the British Virgin Islands (BVI) has grown from a fledgling jurisdiction to a strong and confident player at the frontline of the offshore funds industry.

Värde Partners acquires FirstCity Financial Corporation

Emily.perryman — Mon, 20 May 2013 09:04:20 +0000

United States funds Hedge

Funds managed by Värde Partners have completed the acquisition of FirstCity Financial Corporation.

Article Tag:

Värde Partners, acquires, FirstCity Financial Corporation, FCFC

London remains Europe’s hedge fund capital as UCITS funds increase

Emily.perryman — Mon, 20 May 2013 05:02:20 +0000

United Kingdom funds UCITS

With less than three months to go until new legislation ushers in major changes for the European hedge fund industry, a new report reveals that the continent’s share of the global market has remained surprisingly stable at just over a fifth.

Article Tag:

Europe, hedge fund capital, UCITS funds, TheCityUK, AIFMD

SPDR ETFs launches two more dividend ETFs… Kames Capital shutters Global Opportunities fund…

mkitchen — Sun, 19 May 2013 22:42:40 +0000

UCITS

RIMES, a leader in managed data services, has flagged the challenges presented by the European Securities and Markets Authority’s (ESMA) consolidated guidelines on ETFs and other UCITS issues to investment managers throughout Europe.

Celoxica launches new product range and raises additional capital

Emily.perryman — Fri, 17 May 2013 15:00:20 +0000

United States funds Hedge

Celoxica, a provider of ultra low latency market data, order entry and pre-trade risk solutions for high frequency traders and brokers, has extended its hardware accelerated market data products with the launch of the Generic Book Accelerator (GBA) product line for the US market.

Article Tag:

Celoxica, extends, hardware accelerated market data products, launch, Generic Book Accelerator, GBA, US Markets

Former SS&C Technologies director takes helm at Netage Solutions

Emily.perryman — Fri, 17 May 2013 13:18:20 +0000

United States funds Hedge

Netage Solutions has appointed Steve Tobio to the position of director of product development.

Article Tag:

Netage Solutions, appoints, Steve Tobio, director of product development

Billings Capital Management forms relationship with MCAM Group

Emily.perryman — Fri, 17 May 2013 13:11:20 +0000

Billings Capital Manageme... United States funds Hedge

Billings Capital Management, the investment manager founded by Friedman Billings Ramsey co-founder, former chairman and chief executive Eric F Billings, has formed a business development relationship with MCAM Group dedicated towards Europe and Asia.

Article Tag:

Billings Capital Management, strategic business development relationship, MCAM Group, Europe and Asia

HighWater appoints Stainrod to corporate governance team

Emily.perryman — Fri, 17 May 2013 13:06:20 +0000

Cayman Islands funds Hedge

HighWater has appointed Darren Stainrod, former managing director of UBS Cayman and global head of alternatives, to its corporate governance team.

Article Tag:

HighWater Limited, appoints, Darren Stainrod, corporate governance team

Andreas Preuss reappointed to Deutsche Borse supervisory board for further three years

Emily.perryman — Fri, 17 May 2013 11:03:20 +0000

Germany funds Hedge

The supervisory board of Deutsche Börse has re-appointed Andreas Preuss, the company’s deputy chief executive, as member of the executive board for a further three years with effect from 1 April 2014.

Article Tag:

Supervisory Board, Deutsche Börse, reappoints, Andreas Preuss, deputy CEO, executive board, further three years