All news

Swiss regulation will not adversely impact fund managers’ activities

Thu, 18/04/2013 - 12:05

By James Williams – “Hell, there are no rules here – we’re trying to accomplish something.” Thomas A Edison. On 1 March 2013, Swiss fund managers awoke to a new dawn. Overnight, they had gone from operating in a market free of the shackles of regulation to one where the Swiss government gave its imprimatur to the revised CISA (Collective Investment Schemes Act). This, along with the Collective Investment Schemes Ordinance (CISO), means that all Swiss-based asset managers overseeing fund investments now fall under the watchful gaze of FINMA, the Swiss regulator. »

Eight Newedge hedge fund indices positive in March

Thu, 18/04/2013 - 12:04

Eight of Newedge’s 11 hedge fund indices showed positive performance during March. »

Tom Gavin, chief executive officer of Eze Software Group

Eze Software Group's RealTick EMS issued US patent for electronic trading

Thu, 18/04/2013 - 10:05

The US Patent and Trademark office has issued Patent Number 8,352,353 for Eze Software Group’s execution management system, the RealTick EMS. »

S&P Capital IQ’s Real Time Solutions releases advanced genetic algorithm capabilities

Thu, 18/04/2013 - 06:02

S&P Capital IQ’s Real Time Solutions has released its automated trading platform, QuantFACTORY 5.3.2, which includes a number of new features designed to help strengthen its overall capabilities and performance. »

Use of CDS vital to success in high yield bond market

Thu, 18/04/2013 - 05:52

Last year one of the biggest themes was that Europe didn’t get fixed, yet it was provided with so much liquidity that it was inflated out of its existing stress levels,” says Fraser Lundie (pictured), who runs the credit desk at Hermes Fund Managers alongside Mitch Reznick. “The reason that was such a big trade, in particular for high yield, was because it was in no way consensus. At the start of 2012 there wasn’t a single person on the street who had European high yield returning no more than a few per cent at best. »

BCS bolsters management board

Wed, 17/04/2013 - 16:01

BCS Prime Brokerage, an independent financial institution, has appointed John Barker and Edward Golosov to its board. »

Barclay Hedge Fund Index gains 1.12 per cent in March

Wed, 17/04/2013 - 14:03

Hedge funds gained 1.12 per cent in March, according to the Barclay Hedge Fund Index compiled by BarclayHedge. »

IOSCO consults on principles for financial benchmarks

Wed, 17/04/2013 - 12:00

The International Organisation of Securities Commissions (IOSCO) has published a consultation paper on Principles for Financial Benchmarks, which seeks public comments on a set of high-level principles for benchmarks used in global financial markets. »

Ian Gobin, global head of funds, Appleby

Appleby grows Guernsey funds team

Wed, 17/04/2013 - 10:07

Appleby, a provider of offshore legal, fiduciary and administration services, has made two senior additions to its funds and investment services team in Guernsey. »