Qatar Reinsurance Company Limited (Qatar Re), a multi-line reinsurer authorised by the Bermuda Monetary Authority, is to cease writing new and renewal business from its branch office in Singapore, with effect from 20 July 2018. The Company says it will
Fulcrum Asset Management has listened to the UK institutional marketplace and launched a fund that it believes will meet a series of key considerations. Speaking with Hedgeweek at a coffee shop opposite Fulcrum’s office in Marble Arch, London, Matthew Roberts
Aquiline Capital Partners, a New York-based private equity firm investing in the financial services sector, and Genstar Capital, a middle market private equity firm based in San Francisco, are to acquire Genworth Wealth Management from Genworth Financial for USD412.5m.
Investors withdrew an estimated USD7.88 billion from global hedge funds in June 2018, bringing overall Q2 2018 net flows for the industry to -USD5.43 billion, according to the eVestment June and Q2 2018 Hedge Fund Asset Flows Report. Industry assets
Volumes on FXSpotStream grew at the fastest rate of all reporting eFX cash venues during the first half of 2018. Alan F Schwarz, CEO of FXSpotStream, says: “Our Average Daily Volume (ADV) was up 49 per cent in the first
As Bitcoin continues its recent rally, Jon Cotton (pictured), Head Strategist at global cryptocurrency prime brokerage BCB Group, has commented on why this latest move may point to a sustained move upwards for the currency in the medium-term. “As trading volumes increase
Blockchain for private equity firm Swarm has partnered with decentralised autonomous organisation MakerDAO to integrate the Dai token into the Swarm platform. Swarm writes that this will give Swarm’s community of accredited investors a greater capability to lock in
GLG Partners LP, Man Group’s newly acquired investment manager, has announced this week that it is launching a UCIT
New figures released by Ireland’s Central Bank show that its fund industry’s total assets under administration have reached a record level of EUR1.8 trillion; up from E
Investment banking and alternative asset management firm JMP Group has closed a USD407.8 million collateralised loan obligation (CLO) transaction issued by two newly formed special purpose vehicles and backed by a diversified portfolio of broadly syndicated leveraged loans. The notes
