Payments on sovereign credit default swaps contracts related to Greece have been successfully completed, according to the Depository Trust & Clearing Corporation (DTCC). DTCC’s Trade Information Warehouse (TIW) provides post-trade processing services for OTC credit derivative trades. TIW has completed
LCH.Clearnet Group Limited confirms that it has entered into exclusive discussions with London Stock Exchange Group plc regarding a possible transaction. There can be no certainty that the discussions will result in any transaction.
BATS Chi-X Europe and BX Swiss have entered into a partnership agreement designed to bring greater competition and enhanced market efficiencies to the Swiss equities market. The partnership comprises two key elements: · Cross-listings for ETFs: Under FINMA regulations, ETF
Buried in the recent consultation paper on the Alternative Investment Fund Managers Directive (AIFMD) are stringent rules on pay that will have far reaching consequences for the asset management industry, say experts at PwC. The rules, from the European
The European Parliament and Council have backed plans by the European Commission to strengthen consumer protection in the UCITS market. As reported by out-law.com, which provides legal news and opinion from Pinsent Masons, consumers will have the right to take
Some of the largest hedge fund managers such as BlueBay Asset Management LLP, Marshall Wace LLP and Brevan Howard are piling in to the liquid alternative fund space as demand shows no sign of abating reported Bloomberg this week. A
JTC Group has opened a second representative office in the US, adding New York City to its presence in Miami. The New York office will operate as part of JTC Group Americas, headed up by managing director of the North
Gottex Fund Management has reported strong performance from its core products in the six month period ended 30 June 2014. The firm’s bond substitution product, the alternative credit product, returned +4.9 per cent; its portable alpha multi index product +11.8
Redwood Asset Management, a Toronto-based investment fund manager focused on partnering with boutique investment managers to offer products to Canadians, has launched the Redwood Global Macro Class. The fund will seek to generate superior risk-adjusted returns with lower volatility and
Swiss hedge fund service provider, HedgePole, has launched two UCITS indices, reported FINalternatives this week.
