Hedge fund administrator Custom House Global Fund Services has achieved dual accreditation under both the new US auditing standard, SSAE16 (the replacement for SAS 70), and its international equivalent, ISAE3402 (collectively the ‘New Standards’). The new accreditation covers the
Hedgemedia.com is the world’s largest portal for jobs in the alternative investments sector – hedge funds, private equity funds and real estate funds – at
A welcome inclusion in South Africa’s national budget on Wednesday was a further commitment to a broad-based investment manager exemption, says Rupert Worsdale (pictured), partner with Maitland, London… It was proposed that a legislative carve-out be created for foreign investment
Cayman International Financial Holdings has announced that in recognition of changing business and service delivery models, it has decided to spin off its fund platform services business,
CI Investments has launched the Lawrence Park Strategic Income Fund, expanding the firm’s selection of funds in the global fixed income category. The portfolio manager is Lawrence Park Capital Partners. The Lawrence Park Strategic Income Fund’s mandate is
Morgan Stanley Investment Management has launched the Morgan Stanley Global Long/Short Fund, a fund of hedge funds that offers a diversified, institutional-quality portfolio of long/short
US prime money market fund (MMF) exposures to Eurozone banks declined moderately as of end-May 2012, according to a new report by Fitch Ratings. Eurozone exposures account for approximately 12% of total MMF assets in Fitch’s sample. MMF exposures to
Carlyle Group’s chairman Louis Gerstner sees the current private equity world beset by a correction, not a crisis.
In summer 2007 hedge funds found themselves being the target of erroneous and adverse media coverage, implying that the sub-prime crisis – and the liquidity squeeze that followed thereafter – was s
The Swiss Funds Association SFA (SFA) regards the latest position paper on distribution rules published by FINMA as a good approach. The SFA supports the measures aimed at improving the transparency of certain financial products at the point of sale
