Deals and Transactions

Peter Clarke, chief executive, Man Group

Man Group to acquire FRM

Mon, 21/05/2012 - 11:29
Man Group is to acquire London-based hedge fund research and investment specialist Financial Risk Management (FRM) in a deal worth up to USD82.8million. »

Blue information sign

RBI guidelines may be long-term boost for securitisation

Mon, 14/05/2012 - 10:00
The Reserve Bank of India's (RBI) guidelines on securitisation transactions could promote the long-term growth of the Indian securitisation market, pending clarity on the tax treatment of Pass-Through-Certificates (PTCs), Fitch Ratings says. »

Julian Korek, a Founding Member of Kinetic Partners

Kinetic Partners opens new CI office

Thu, 10/05/2012 - 13:59
Kinetic Partners has opened a new office Jersey, the firm’s first presence in the Channel Islands. »

person holding up a large red tax word

New Luxembourg/Germany double tax treaty may impact German inbound investment structures, says Dechert

Thu, 10/05/2012 - 10:00
On the 23 April 2012, Germany and Luxembourg signed a new Double Tax Treaty ("the Treaty") which is to replace the previous treaty dating back to 1958. And according to Dechert, the new Treaty may impact on many US, UK and other non-German investors as Luxembourg is often used as a tax efficient jurisdiction for German inbound investments (particularly used by funds, private equity and real estate investors). »

Emmanuel Weyd, Eiffel

EMERGENCE announces first seeding partnership

Fri, 04/05/2012 - 12:42
The newly launched EMERGENCE seeding platform, created in early 2012 with the backing of seven major French institutional investors and managed by internationally recognised seeder NewAlpha Asset Management, has announced its first seeding partnership with Eiffel Investment Group, through its compartment Emergence Performance Absolute. »

Thumbs up

Deutsche Börse completes Eurex takeover

Tue, 01/05/2012 - 16:00
Deutsche Börse Group has completed its full acquisition of Eurex Zürich AG. Representatives of SIX Swiss Exchange/SIX Group AG and Deutsche Börse AG jointly finalised the transaction in Zurich and signed the corresponding closing documents. Deutsche Börse is to pay EUR295 million and transfer approx. 5.3 million Deutsche Börse AG shares to the SIX Group. »

Peter Clarke, chief executive of Man Group

Man sees net outflows of USD1bn in Q1

Tue, 01/05/2012 - 13:40
Man saw net outflows of USD1.0 billion in the first quarter of 2012, reflecting sales of USD3.1 billion and reduced redemptions of USD4.1 billion, according to the group’s interim management statement for the three months ended 31 March 2102. There was a net outflow from alternative funds of USD1.4 billion and a net inflow of USD0.4 billion into long only styles.  »

Closed sign

PineBridge closes USD412.5m collateralised loan obligation

Mon, 30/04/2012 - 06:00
PineBridge Investments, the global multi-asset class investment manager, has successfully closed its latest collateralised loan obligation (CLO), Galaxy XII CLO, Ltd. »

Michael Davie, Chief Executive of SwapClear.

LCH.Clearnet in discussions to expand US footprint with acquisition of IDCG

Wed, 25/04/2012 - 11:28
LCH.Clearnet Group Limited has signed non-binding heads of agreement with International Derivatives Clearing Group, LLC (IDCG) and The NASDAQ OMX Group, Inc (NASDAQ OMX) regarding the acquisition of IDCG. »

Pen signing a document

GFI Group to provide CDS market data to Quick Corp

Tue, 24/04/2012 - 14:00
GFI Market Data, a division of GFI Group Inc (NYSE: GFIG) and QUICK Corp have signed an agreement whereby GFI will supply QUICK with credit derivatives market data as of 23 April, 2012. »

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