Convergex Group has launched a Stock Loan Program, a service that gives hedge funds and other clients access to the securities they need to borrow for their short-sell requirements. In instances where a prime broker may not be the optimal
The ONS’ preliminary estimate of Q3 GDP showed the economy grew by a huge 1.0%, ending the UK’s longest double-dip recession since the Second World War in sensational style, says Azad Zangana, European Economist at Schroders… Year on year growth
New York hedge fund manager Paulson & Co has signed up former US Federal Reserve chairman Alan Greenspan as an adviser.
By the nature of the island, its geography and population, fund service providers in Guernsey have never been geared up to mass-market retail business, a sector now dominated by big global players
GlobeOp Financial Services, a provider of business process outsourcing, financial technology services and analytics, saw an increase in assets under administration to USD139bn at 31 August 2010 from USD120bn at 30 June 2010. New clients added USD15bn of assets to
The current low yield environment has created greater interest in non-conventional segments of the credit market. This was demonstrated by boutique investment bank Dexion Capital’s inaugural conference exploring “Opportunities across the credit spectrum”, held at the London Stock Exchange. Investment
The substantial withdrawal of bank finance seen over the course of the last three years has created a financing vacuum in the UK corporate lending market, and constrained lending practices continue to frustrate business leaders and entrepreneurs. The downturn, which
An increased appetite for alternative assets has heightened demand for investment company hedge funds, which currently have GBP6.8bn under management, but the sector has had a turbulent ride, according to research by the Association of Investment Companies. Despite being up
Peter Moore (pictured), Head of Regulation at the IMS Group, on AIFMD and its failure to make distinctions in the European alternative asset management industry… In 1991 the UK’s Parliament passed The Dangerous Dogs Act (DDA) in response to a sudden increase
Fees for global Investment Banking services, from M&A advisory to capital markets underwriting, totalled USD64.0 billion during the first nine months of 2011, an 8% increase over last year at this time, according to Thomson Reuters l;attest Global Banking Review.
