Ogier partner and funds specialist Richard Thomas has succeeded Gary Clark, who has stepped down as chairman of the Jersey Funds Association after three years. Thomas, who practised at Slaughter & May in London before joining Ogier, has extensive knowledge

Citi has been awarded a new mandate to provide hedge fund administration services to NWI Management, a New York-based investment adviser. The mandate covers private investment funds totalling over USD3.1bn in assets as of 1 May 2013. NWI
IndexIQ, a New York-based developer of quantitative investment strategies, has become the latest provider to introduce a family of products that seeks to replicate the performance characte

Interest rates look set to stay at record lows until 2016 following guidance in the Bank of England’s latest inflation report. However, new Bank Governor Mark Carney added three “knockout” caveats that could trigger an earlier rate rise, although their
Threadneedle has announced the acquisition of Convivo Capital Management, a specialist emerging market hedge fund business that manages assets of USD476m in two strategies, subject to regu
Bank of America has announced the leadership for its new Global Wealth & Investment Management alternative investments group which, expanded through the acquisition of U.S.
Canara Bank of India and Netherlands-based asset manager Robeco have established a joint asset management venture in India, Canara Robeco, which is intended to develop the Indian bank’s ex

New global rules for OTC derivatives have been implemented in the US and are imminent in Europe that will have significant long-term implications for how hedge funds, asset managers and regional banks execute, clear, and report their swap positions. In