Latest News
The Hedge Fund Standards Board (HFSB), the global standard-setting body for the alternative investment industry, has added George Long, founder, chairman and CIO of LIM Advisors, and Danny Yong, founding partner and CIO of Dymon Asia Capital, to its APAC Committee.
The HFSB’s APAC Committee was established in June 2016 with APAC-based representatives from Albourne, CPPIB, Future Fund, GIC and PAG.
The committee directs the HFSB’s activities in the Asia-Pacific region, including assisting with the HFSB’s dialogue and relationships with regulators, managers and investors, and ensuring that Asia-Pacific regional and local issues and needs are addressed as the HFSB
- 09/01/2017
- 09/01/2017
The Association of National Numbering Agencies (ANNA) has opened the fee model consultation for the ANNA Derivatives Service Bureau (DSB).
It is seeking industry comments on the proposed fee model that will be applied to the numbering agency functions of the DSB, supporting cost-recovery principles in pricing of ISINs for OTC derivatives.
The consultation paper can be downloaded from the Fee Model Consultation page of the ANNA website.
The paper shares with stakeholders the details of various fee models under consideration, which range from charging for each single International Securities Identification Number (ISIN) allocated to segregating and amassing
- 09/01/2017
Forefront Communications Group, a boutique marketing and PR firm focused on the capital markets and fintech, has appointed Eric Soderberg as a managing partner of the firm.
Soderberg (pictured) brings over 20 years of capital markets and fintech marketing and communications experience to Forefront.
His past experience includes chief marketing and communications officer roles at Macgregor, ClariFI, NYFIX, Trepp, BondDesk Group and Convergex.
He has been accountable throughout his career for helping companies define and strengthen their brands; generate buzz around new products, capabilities and ideas; build compelling demand generation campaigns; and develop executive communications that inspire employees, clients and
- 09/01/2017
Chicago Board Options Exchange’s (CBOE) historical market data service formerly operated by Market Data Express (MDX) migrated to CBOE Livevol Data Shop on 6 January.
The consolidation of historical data services under the CBOE Livevol Data Shop umbrella will enhance the historical market data offerings currently available, and also broaden customisable services and reports available to subscribers.
MDX will continue to offer real-time market data from CBOE and C2, as well as a real-time index data service.
CBOE Livevol Data Shop, a source for options, equity and exchange-traded fund (ETF) market data, enables customers to access quotes and
- 09/01/2017
SEI has launched SEI Trade, a cloud-based solution that automates the process of handling, documenting and tracking investors’ private fund transactions.
SEI Trade is designed to help private fund managers upgrade the investor and financial adviser experience, while streamlining a notoriously inefficient and error-prone set of processes.
It offers digital document management, workflow automation, intelligent form completion, and real-time tracking and transparency of investor transactions. It streamlines and simplifies all steps in the fulfilment, transaction, and on-boarding processes.
SEI Trade is a component of the company’s global operating platform and as such, has the flexibility to handle all major
- 06/01/2017
Societe Generale Prime Services reports that all SG CTA indices posted positive returns in December 2016 at the end of what it describes as a difficult quarter. However, the SG CTA Index closed the year slightly negative at -2.86 per cent and SG Trend Index was down -6.19 per cent, the first negative year’s performance since 2012.
Short term traders faired marginally better, in positive territory at the end of 2016 at +0.31 per cent. The SG CTA Mutual Fund Index completed its first year of live performance in 2016, down -5.45 per cent, in line with returns of the
- 06/01/2017
Jon S Corzine, former CEO of MF Global, is to pay a USD5 million civil monetary penalty for his role in MF Global’s unlawful use of almost USD1 billion in customer funds and for his failure to diligently supervise the handling of customer funds.
A Federal Court order also prohibits Corzine from seeking or accepting, directly or indirectly, reimbursement or indemnification from any insurance policy with regard to the penalty amount.
The order also requires Corzine to undertake that he will never act as a principal, agent, officer, director, or employee of a Futures Commission Merchant (FCM) and that
- 06/01/2017
Royal London Asset Management has selected the Confluence’s Unity NXT AIFMD Annex IV transparency reporting solution to support the company’s growing alternative investment fund business.
The Alternative Investment Fund Managers Directive (AIFMD) regulation covers hedge funds, private equity, real estate and other Alternative Investment Fund Managers (AIFMs) in the European Union. The directive requires all AIFMs to obtain authorisation, and make various disclosures as a condition of operation in the region.
Confluence's AIFMD Transparency Reporting technology-enabled service allows asset managers to gain control over this undertaking – from the collection of data, the calculation of answers, the approval of the
- 06/01/2017
Gibson, Dunn & Crutcher has appointed Joshua Tod as of counsel in the firm’s London office.
Previously of counsel with Simpson Thacher & Bartlett, Tod will support Gibson Dunn’s existing EMEA private investment funds practice.
Tod has experience advising private equity, infrastructure, credit and real estate funds. He regularly counsels clients on the establishment and operation of private investment funds, including advising on the structuring and marketing of such funds and commercial issues arising from their operation.
Tod has represented a range of private fund managers on multi-billion large buyout and mid-market fundraisings. He also advises on matters ranging from
- 06/01/2017
Tortoise Credit Strategies has launched its first mutual fund, The Tortoise Select Income Bond Fund, which is structured as a 1940 Act regulated investment company, and designed after the firm’s flagship core plus bond strategy.
The fund aims to seek a high level of total return with an emphasis on current income.
“We’re pleased to meet investors’ needs for access to Tortoise’s core plus strategy through a mutual fund,” says Tortoise senior managing director, Michelle Kelly. “This is an important step toward expanding the opportunity for investors to invest with Tortoise Credit.”
“The Tortoise Select Income Bond Fund
- 06/01/2017
Special Reports
FeatureD
- Intel
- April 23, 2024
- Intel
- April 22, 2024
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
