The S&P GSCI increased 1.52 per cent in November led by the precious metals sector which gained 13.53 per cent, according to figures from Standard & Poor’s. Year-to-date through November, the S&P GSCI is up 12.51 per cent. “Commodity
The value of investment funds in Guernsey grew by GBP12bn, or seven per cent, in the third quarter of 2009, according to figures from the Guernsey Financial Services Commission. This is a reverse of the trend experienced during the previous
Eze Castle Integration has expanded its Information Security Consulting Service to help firms satisfy the Securities and Exchange Commission (SEC) cybersecurity guidelines. Eze Castle Integration’s experienced consultants will create Written Information Security Policies (WISP) for clients that address the administrative
October results for the absolute return and hedge fund sector in Australia were generally flat, but this still represents outperformance of around two per cent when compared with equity markets, according to Australian Fund Monitors. There was the usual diversification
SS&C Technologies, a provider of financial services software and software-enabled services, has been appointed by The Archstone Partnerships to handle the fund administration and accounting for its funds of hedge funds. Archstone has selected SS&C Fund Services as their sole
By Simon Gray – As much as any country, Switzerland has observed with trepidation the European Union’s painful progress toward regulation of alternative investment fund managers. However, now that the EU has finally agreed on the top-level outline of the
By Ger van Nijkerken – Switzerland’s position at the heart of Europe means that the country’s alternative investment industry tends to be pressurised to follow European Union regulation, a situation that presents both challenges and opportunities. A new white paper
Chi-X Europe’s Chi-Delta non-displayed order book was Europe’s largest dark pool in November, according to Thomson Reuters’ Equity Market Share Reporter. Chi-Delta represented 27.28 per cent of all reported European dark liquidity by turnover in November. Liquidnet Europe held 25.02
Mourant, a provider of offshore legal and administration services, has signed an agreement to sell Mourant International Finance Administration to State Street. MIFA is the division of Mourant which handles fund and company administration. Completion of the transaction remains subject
The Securities and Exchange Commission has charged Jonathan Hollander, a former hedge fund professional, with insider trading in Albertson’s, LLC based on material nonpublic information regarding an impending acquisition of ABS that Hollander received from a friend who was employed
