Ralph Cioffi and Matthew Tannin, the former managers of the now-defunct Bear Stearns High Grade Structured Credit hedge funds, have been arrested at their
The international derivatives exchange Eurex traded 10.5 million contracts on average each trading day in January, comprising an average of 6.8 million for Eurex and 3.7 million for its
Legg Mason’s affiliate Permal Group has launched the Permal Alternative Select Fund, its first open end alternative mutual fund. The multi-strategy fund is sub-advised by a selection of hedge fund managers. The fund, which offers investors daily liquidity, has a
Mourant Ozannes in Guernsey has acted as Guernsey legal adviser, together with Lawrence Graham as lead counsel, on the launch of Chenavari Capital Solutions. Chenavari has listed on the Specialist Market of the London Stock Exchange and the Channel
Global Advisors Jersey Limited (GAJL) has secured regulatory approval from the Jersey Financial Services Commission (JFSC) for a Bitcoin Investment fund. The Global Advisors Bitcoin Investment Fund (GABI), which will launch on 1 August 2014, will operate within the Collective
Standard Bank is making significant investments in its infrastructure to enable it to further expand its funds services both in Jersey and Mauritius, following the bank’s announcement earl
Although the hedge fund and private equity industries have been hit by the financial crisis, they will adapt to the changed investment environment and continue to provide significant lo
Ashmore Global Opportunities has announced that shareholders have voted against the resolution to wind up the company.
Later this month, the Committee of European Securities Regulators is expected to clarify its guidelines on whether Ucits funds are allowed to physi
Given Jersey’s longstanding experience in creating and servicing property investment structures, it is little surprise that the jurisdiction should be a logical choice in which to domicile funds ta
