Omada Capita has launched a stock-based lending service, which allows clients to secure loans against the broadest range of listed shares and on flexible market terms. The launch follows a trial of the service with selected clients over the past
Hedge funds’ assets under management will total USD1.5trn in 2010, according to a report by Tabb Group. The report says the prime brokerage market is still significant and Tabb expects prime broker revenues to top USD10bn in 2010. According
Global Prime Partners (GPP) has appointed Deutsche Bank to provide execution, clearing and custody services for its client base of emerging managers, family offices, professional traders and boutique broker dealers. Following on from other custodial and clearing firm appointments, the
The London Metal Exchange has listed its first minor metals brand – Vale Inco Electrolytic Cobalt Rounds from Canadian producer Vale Inco – for delivery against the LME’s new cobalt contract. LME contracts for minor metals are due to launch
Michael McKee (pictured), Head of Financial Services Regulation at DLA Piper, comments on the EU Finance Ministers decision not to permanently ban naked CDS shorting… When the market targets the debt of a particular sovereign borrower it is usually because
Equinoxe Alternative Investment Services, a provider of administration services to the hedge fund industry, is to expand its Irish operation with the establishment of a new asset servicing operation in Sligo. The operation will employ over 50 people over three
By Chris Humphries, Managing Director, Stuarts Walker Hersant, Attorneys-at-Law – The Cayman Islands continues to be the leading offshore jurisdiction for mutual funds and hedge funds. Its position as the premier jurisdiction is as a result of innovative legislation and
Just one of IndexIQ’s family of hedge fund replication and alternative beta indices recorded a positive return in March. The IQ Hedge Emerging Markets Beta Index, with a return of 0.89 per cent, was the only one of the seven
In 2011, ahead of the introduction of the AIFMD in Europe, an article entitled “A foot in both camps”, was written by Derek Delaney, Managing Director of DMS Offshore Investment Services (Europe) Limited. In it, Delaney (pictured) wrote: “There is
UBS Fund Services has had one of its strongest years in terms of winning new clients according to Monette Windsor (pictured), who heads up the Cayman Islands business. “We’ve invested heavily in our business development team this year and we’ve
