Interview with Joseph Saliba – In May this year, two draft versions of the Directive’s Level II measures came into circulation, with the European Commission’s draft differing in several areas compared to ESMA’s advice to the Commission. This is not
By Chris Casapinta (pictured) – The role of fund administrators has changed quite substantially in recent times. In part because of increasing global regulatory pressures, but also in response to the larger array of products and target assets and also
Gottex Fund Management Holdings Limited has reached agreement on the acquisition of Hong Kong based Penjing Asset Management (Penjing), one of the primary Asian alternative asset management providers. Ronnie Wu, founder and CIO of Penjing, will join Gottex as a
By Dr Stephanie Micallef (pictured), Ganado & Associates, Advocates – Malta has become an attractive jurisdiction for funds, due in part, to the flexible regime for professional investor funds (“PIFs”). Under this regime, private equity funds are structured as PIFs.
The Lyxor Global Hedge Fund index, an investable index based on Lyxor’s hedge fund platform, was down one per cent in October, bringing year-to-date performance to +4.4 per cent. Lyxor says it was a difficult start to the final quarter
By Adam de Domenico (pictured) – There are many reasons why managers might decide to come to Malta; its favourable tax regime, climate, inexpensive costs and more. In the last few years there’s been a good push from both managers
Tranen Capital Alternative Investment Fund has listed class A shares on the Irish Stock Exchange. The fund, a life markets fund that trades life insurance policies in the secondary market, is catering to investors seeking both asset diversification and non-correlated
The gross return of the GlobeOp Hedge Fund Performance Index for April, 2012 measured 0.51%. Year-to-date (YTD) the index is up 3.66% and over the last twelve months has recorded positive performance of 1.22%. “The GlobeOp Hedge Fund Performance Index
Assets under management in Swiss investment funds reached CHF699bn in August, an increase of CHF4.8bn month-on-month, according to the Swiss Funds Association. At the end of August 2012, the total volume of assets in the investment funds covered by the
BNP Paribas Securities Services has won the mandate to provide global custody services in the UK for Brevan Howard Asset Management, Europe’s largest hedge fund manager. BNP Paribas was chosen for its global and local custody capabilities and its reputation
