London-based Threadneedle Asset Management Limited is launching a new global fixed income hedge fund called Crescendo Credit Fund Limited.
The Commodity Futures Trading Commission has approved final rules that create a sixth and separate account class, applicable in the event of futures commission merchant bankruptcy, for cleared OTC derivatives. The rules aim to enhance certainty regarding protections under the
The Australian Securities and Investments Commission has cancelled the Australian financial services licence held by Teys Property Funds Limited which is under external administration. Teys, now known as TPFL, is the responsible entity of 11 property and mortgage funds. ASIC’s
It is highly anticipated that Ireland will have a new corporate vehicle for Irish funds in place by the end of 2014: the Irish Collective Asset-Management Vehicle or ICAV. Its imminent introduction will provide managers with an alternative to the
National Futures Association (NFA) and GFI Group have entered into an agreement that paves the way for NFA to perform regulatory services for GFI’s swap execution facility (SEF). The agreement establishes a preliminary framework for the exchange of information and
Mourant Ozannes’ litigation partner and regulatory law expert, Beverley Lacey (pictured), recently chaired and addressed a packed audience at the Royal Yacht Hotel on important recent legislative developments of concern to company directors offshore. The event attracted over 130 directors
Confluence is to provide Mitsubishi UFJ Fund Services with a range of reporting solutions for its new Annex IV reporting services for alternative investment fund managers (AIFMs). The new services allow AIFMs that are managing or marketing alternative investment funds (AIFs)
Jérôme de Lavenère Lussan, CEO of hedge fund consultancy Laven Partners, comments on the UK Financial Services Authority’s first operation carried out with the Serious Organised Crime Agency (SOCA), resulting in the arrests this week of six men on suspicion of
A trader at the London-arm of New York hedge fund Moore Capital is one of the six men arrested on Tuesday morning in a series of early-morning raids on 16 addresses in London, Oxfordshire and the south east of England.
Linedata has released a new version of its transfer agency software Linedata Mshare, which is designed to address client concerns over both regulatory compliance and how to attract new business. This release includes FATCA withholding tax capabilities, Anti-Money Laundering (AML)
