China’s central bank surprised markets by unexpectedly cutting interest rates for the second time in two months. Benchmark lending rates have been lowered by 31 basis points to 6 per cent, whilst deposit rates will be cut by 25 basis
London-based absolute return investment manager RAB Capital has acquired a 20 per cent stake in Tokyo-based Prestige Asset Management, which was established three years ago by a former man
The European Energy Exchange and TEIAŞ, the Turkish Electricity Transmission Company, have signed a memorandum of understanding for a co-operation on the establishment of an organised energy market. Turkey represents one of the biggest energy markets with an important geographical
Market Data & Analytics has launched “AlphaFlash”, its algorithmic news feed, in a data centre in Sao Paulo. The feed is available now in Brazil, marking AlphaFlash’s official expansion into South America. “Brazil is considered the leader in algorithmic and
Historically the offshore funds landscape was dominated by traditional funds.
By Ross Munro, Harneys – The British Virgin Islands is a leading jurisdiction for the formation of alternative investment funds, having approximately 2,525 funds registered or recognised under the Securities and Investment Business Act 2010 (SIBA). Funds recognised or registered
BNP Paribas investment management subsidiary Malbec Partners has announced the launch of a global alternative investment business in response to what it says is significant investor demand
Firms that provide services to hedge funds are changing the way they do business, and the reason is institutional investors.
European equity markets are ‘incredibly cheap’ but investors should ‘remain cautious’, says Stephanie Kretz, a member of the Investment Strategy Team for Private Banking at Lombard Odier… European equity markets are incredibly cheap. At a country level, Italy’s price to
By James Lasry, Hassans – Since 2005 with advent of the Financial Services (Experienced Investor Funds) Regulations 2005, recently updated to Financial Services (Experienced Investor Funds) Regulations 2012 (“EIF Regs”) Gibraltar’s funds industry has experienced positive and qualitative growth. As
