Handshake

IA Englander transfers MA&PS to Concept Capital

IA Englander & Co has agreed to transfer its managed account and prime services platform (MA&PS) to Concept Capital Markets. »


Tax

Luxembourg and the US sign Model 1 IGA

The US and Luxembourg governments have signed an agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA). »


James Williams, Hedgeweek

ESMA issues new guidelines on collateral management for UCITS funds… GLG shuts one EM fund and opens another...

This week the European Securities and Markets Authority ("ESMA") issued a final report containing new guidelines on collateral management by UCITS ("New Guidelines") (ESMA/2014/294). »


Ireland flag

Schultze Asset Management lists offshore fund feeder shares on Irish Stock Exchange

Schultze Asset Management (SAM) has listed Class L shares of Schultze Offshore Fund (SOF) on the Irish Stock Exchange (ISE).  »


Document signing

US and Canada sign MOU on supervision of cross-border regulated entities

The US Commodity Futures Trading Commission’s (CFTC) acting chairman Mark Wetjen and leaders of Canada’s financial regulators have signed a memorandum of understanding (MOU) on the exchange of information in the supervision of regulated entities that operate on a cross-border basis in the US and in Alberta, British Columbia, Ontario or Québec. »


Accounts

ALTIN net asset value up 2.76 per cent

ALTIN, the USD240m multi-strategy fund of hedge funds traded on the London and Swiss stock exchanges, has started 2014 with a positive outlook with a year-to-date net asset value performance of +2.76 per cent. »


Research

European investor demand for US options remains strong, says TABB research

European investors have continued as active participants in US-listed equity options markets with directional and volatility strategies seeing significant growth in 2013.  »


British Virgin Islands

Vistra launches BVI operation

Vistra, a provider of corporate, trust and fund administration services, has launched Vistra Trust (BVI) Limited to meet the growing demand for British Virgin Islands trust services. »


Hans Schlaikier, Hedgeweek

Asia-focused funds add USD20bn in assets in 2013… CSV China Opps fund outperforms all relevant benchmarks…

Asia-focused hedge funds added USD20 billion in assets in 2013, American funds dominate global AUM, according to a survey from tracker AsiaHedge. The industry still remains about USD33 billion below its peak asset level hit in 2007, but the twice-a-year survey shows that investors are starting to return, reports Reuters. »


Down arrow

LuxCSD to cut custody fees for equities

As part of an initiative to support the dematerialisation of securities of all types, LuxCSD is cutting fees for equities by 60 per cent from 1 April 2014. »


Upcoming events

Upcoming training

Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai