The Edhec Risk and Asset Management Research Centre and Morgan Stanley Investment Management have announced the creation of a new research chair entitled Financial Engineering and Global A
Citi has been appointed by William Blair & Company to provide offshore fund administration services for its Luxembourg-domiciled SICAV funds. Citi will provide an integrated range of services including custody, trustee, fund accounting, transfer agency and foreign exchange solutions. William
Bearish sentiment among investors about the outlook for the global economy and corporate earnings has eased, according to the BofA Merrill Lynch Survey of Fund Managers for August. The survey shows a net five per cent of respondents predicting that
The volume of trading on the secondary market reached a year to date high in March, according to Hedgebay. The index has shown repeats of last month’s premium trade, the first in nearly two years, confirming investors’ eagerness to seek
Irish law firm Dillon Eustace is relocating the first unit trust investment fund from the Cayman Islands to Ireland. The move, which was completed on behalf of a major international financial institution and its underlying investor, follows the Irish Central
Platinum has emerged as the most popular commodity in 2008, with platinum and palladium exchange-traded commodities approaching the USD1bn mark for investment this year.
Deutsche Bank has received independent assurance under the International Standard on Assurance Engagements 3000 on its London-based dbSelect platform, a platform for accessing liquid hedge fund strategies. The ISAE 3000 assurance provides an independent assessment of management’s assertion for the
Persimmon Capital Management has launched Persimmon Long/Short Fund (LSEAX), a multi-adviser mutual fund that seeks to use long/short equity strategies to produce equity-like capital appreciation over time with less volatility than long-only strategies. The fund commenced operations with USD25m of
Principle Capital has entered into a conditional subscription agreement with the Sanlam Group, a financial services group in South Africa, and certain members of the company’s management team, pursuant to which these investors will initially subscribe GBP4m for 26,666,666 ordinary
Standard & Poor’s Securities Evaluations, a global provider of independent securities evaluations, and Independent Valuation and Risk Services, a market leader in providing independent
