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Isle of Man approves orders to complete the launch of new fund regime

Isle of Man approves orders to complete the launch of new fund regime

Tue, 30/10/2007 - 07:18

The Isle of Man Financial Supervision Commission has announced that Tynwald, the island's parliament, has approved the legislative orders required to revamp the jurisdiction's fund legisla »

Absolute Capital fund restructuring wins investor backing

Absolute Capital fund restructuring wins investor backing

Tue, 30/10/2007 - 07:17

Absolute Capital Management has won mostly comfortable majorities in support of its restructuring plans for four funds whose exposure to illiquid, hard to trade US micro-cap stocks was rev »

Record growth for Jersey fund industry, says Lipper

Record growth for Jersey fund industry, says Lipper

Tue, 30/10/2007 - 07:14

Jersey's fund servicing industry has grown to USD225.9bn (GBP112.5bn) in 1,367 funds and sub-funds at the end of June, an increase of nearly 150 per cent from USD91.0bn (GBP59.7 billion) i »

UBS acquires France's Caisse Centrale de Réescompte

UBS acquires France's Caisse Centrale de Réescompte

Tue, 30/10/2007 - 07:12

UBS has announced that it is to acquire the Caisse Centrale de Réescompte group, a French asset and wealth manager with EUR17bn in invested assets and 190 employees, from Germany's »

BDO Stoy Hayward's Fitzwilliam Growth Fund ranked top among funds of hedge funds

BDO Stoy Hayward's Fitzwilliam Growth Fund ranked top among funds of hedge funds

Tue, 30/10/2007 - 07:10

Fitzwilliam Growth Fund, a fund of hedge funds provided by UK specialist wealth adviser BDO Stoy Hayward Investment Management, has been ranked the best performing fund of hedge funds over »

Absolute Capital announces reopening of Absolute Germany Fund

Absolute Capital announces reopening of Absolute Germany Fund

Mon, 29/10/2007 - 06:00

With the result of October 27 shareholder votes on restructuring plans for four of its funds looming, Absolute Capital Management has announced that its Absolute Germany Fund has lifted th »

Eurex to launch euro inflation futures in January

Eurex to launch euro inflation futures in January

Mon, 29/10/2007 - 05:59

Eurex has announced plans to become the first European derivatives exchange to offer euro inflation futures next year. »

Dutch alternative investments industry and political veteran call for pensions support

Dutch alternative investments industry and political veteran call for pensions support

Mon, 29/10/2007 - 05:58

The Netherlands has a formidable asset in the global market for cutting-edge financial services with the strength and size of its pension funds and other institutional investors, but it ri »

Jeffrey L Gould named head of distribution for Citi Alternative Investments

Jeffrey L Gould named head of distribution for Citi Alternative Investments

Mon, 29/10/2007 - 05:57

Jeffrey L Gould has been appointed managing director and global head of distribution for Citi Alternative Investments, responsible for overseeing all of its sales and distribution efforts »

SkyBridge Capital makes strategic investment in U Capital Group

SkyBridge Capital makes strategic investment in U Capital Group

Mon, 29/10/2007 - 05:57

SkyBridge Capital, which provides strategic capital to new and early-stage hedge funds, has invested in U Capital Group, a global special situations value investment partnership, from its »

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