LCH.Clearnet SA has been granted recognised overseas clearing house status by the UK Financial Services Authority. Through this status, LCH.Clearnet SA is able to conduct any regulated activity in the UK which is carried out for the purpose of the
Jun Miyazaki has been appointed Chief Executive of Gartmore Japan in Tokyo, replacing Colin Hodges, who will join Gartmore’s alternatives business.
Lawyers Addleshaw Goddard has expanded its City of London-based funds practice with the appointment of partner Christy Stagemeyer and consultant David Ive.
The Alternative Investment Management Association says it is concerned that many of the proposals in the texts of the Alternative Investment Fund Managers Directive discussed by the European Parliament’s Economic and Monetary Affairs Committee and European finance ministers at the
Fundamental reforms of over-the-counter (OTC) derivatives markets around the world are having a profound impact on how derivatives are used, raising particularly challenging questions for sovereign institutions, according to a BNY Mellon report. In the report, titled Sovereigns in Search
The Alternative Investment Management Association, the international hedge fund industry association, has called on the Financial Services Authority and the UK Treasury to make changes to
Paul Hale and Martin Shah of Simmons & Simmons update readers on amendments to UK taxation rules on offshore funds. The Finance Bill 20
The European Parliament’s Economic and Monetary Affairs Committee has adopted its position on the draft EU law regulating managers of alternative investment funds, including hedge funds. MEPs voted for new ways to deal with managers and funds located outside the
PCE Investors has received regulatory approval from the Irish Financial Regulator for The Strategic Life Settlement Fund, a limited liquidity investment company with variable capital incorporated with limited liability in Ireland. The qualifying investor fund targets a minimum annual USD-based
The Serious Fraud Office has closed a long running investigation into collapsed hedge fund Weaving Capital, stating that there wasn’t a reasonable prospect of conviction. Mark Surguy, partner at international law firm Eversheds, believes hedge funds are likely to
