EFG Asset Management’s New Capital has launched its SFC-authorised funds in Hong Kong. The four Irish-domiciled UCITS funds were approved by the Securities and Futures Commission (SFC) on 19 August 2015 and are now open to Hong Kong investors. New
Intercontinental Exchange (ICE) is to acquire Interactive Data Corporation (IDC), a provider of financial market data, analytics and related trading solutions, from Silver Lake and Warburg Pincus. The acquisition is valued at approximately USD5.2 billion, including USD3.65 billion in cash
Risk assets rallied in the wake of Draghi’s comments which signalled that the ECB stands ready to extend QE at its December 3 meeting. After years of non conventional monetary policies, there is a strong sense of déjà vu. There
PRAXIS Fund Services Limited has launched a new Guernsey incorporated closed-ended investment company, Alternative Liquidity Fund Limited, with an indefinite life. The fund all invest in a diversified portfolio of illiquid interests in funds and other instruments and securities with
Total USD interest rate swaps (IRS) trading volumes since launch on Trad-X, a platform for the trading of global interest rate derivatives, have now surpassed USD 2.5 trillion, with the period beginning January 2015 accounting for over half of this
Hedge fund launches are under the spotlight in this extract from the Preqin Quarterly Update: Hedge Funds, Q3 2015. Alternative mutual funds saw a significant rise in their share of new fund launches in Q3 2015. These structures accounted for
This extract from the Preqin Quarterly Update: Real Estate, Q3 2015 examines current closed-end private real estate funds in market, looking at target capital, primary geographic focus, time spent on the road and a sample of the largest funds currently
The Abbey Capital Futures Strategy Fund, alternative investment manager Abbey Capital’s first liquid alternative mutual fund, which launched on 1 July 2014, has surpassed USD250 million in assets under management as at 30 September 2015. The fund, which has returned
Luxembourg's funds industry is marching ahead as Europe's leading funds domicile if figures released by the Association of the Luxembourg Funds Industry (ALFI) are anything to go by. According to ALFI, March saw the Grand Duchy enjoy record net sales
Eze Software Group is to acquire TKS Solutions, a specialty software provider of shareholder and partnership accounting tools. The value of the deal, which is expected to close next month, has not been disclosed. TKS Solutions’ core product, known as
