Insurance company Ageas has received full support from the Commercial Court of Brussels in summary proceedings against certain hedge fund owners of mandatory convertible securities. The latter requested that a meeting of MCS holders be convened in order to approve
The International Organisation of Securities Commissions (IOSCO) has published a consultation paper on Principles for Financial Benchmarks, which seeks public comments on a set of high-level principles for benchmarks used in global financial markets. Because of the wide diversity
The recommendations on hedge fund oversight of the G20 leaders meeting in Washington at the weekend, such as they were, were probably music to the ears of many fund managers.
Offshore jurisdictions should join forces to lobby larger nations and international organisations on matters affecting them, according to members of the offshore financial services industry. While there are obvious ways in which Jersey, Guernsey and the Cayman Islands are competitors,
Dino Fuschillo outlines the strategy and investment process that underpins the performance of Martin Currie’s European-focused fund.
Citigroup says its trustworthiness as a bank is intact following Thursday’s court victory over private equity group Terra Firma Capital Partners. In a statement issued after the bank and its head of UK investment banking, David Wormsley, were cleared by
Just three per cent of financial services professionals polled globally believe that the regulatory changes implemented since 2008 have done enough to prevent a future crash, according to a survey by Kinetic Partners. Furthermore, just 12 per cent of respondents believe
The UK asset management industry needs to considerably ramp up its plans for responding to the Alternative Investment Fund Managers Directive as only two per cent of the industry currently has a plan in place that is being implemented. According
It’s not all hostility to hedge funds in the so-called blue states that helped deliver the US presidency to Barack Obama on Tuesday night.
ICAP, an interdealer broker and provider of post trade risk and information services, has released its analysis of the potential impact of implementing a financial transactions tax (FTT). Eleven countries have provisionally agreed to introduce a tax on financial
