Close Brothers is to acquire three business lines, including fund administration, from Scotiabank’s operations in the Cayman Islands, continuing the expansion of Close Brother (Cayman) tha
Hedge fund flows as measured by the GlobeOp Capital Movement Index were negative 0.2% in July. "July flows again reflected quarterly re-allocations by investors. Outflows slightly exceeded inflows for the month, while total outflows have been remarkably similar on the
OneChicago, an electronic exchange for trading single-stock futures, has launched trading of futures on the PowerShares QQQ and iShares Russell 2000 exchange-traded funds, adding to a rost
The Commodity Futures Trading Commission has announced that the Chicago Mercantile Exchange has certified plans to provide clearing services for certain credit default swap contracts th
By James Williams – There’s no question that Malta has come a long way as a fund jurisdiction since it entered the EU in May 2004. Political stability, a strong banking system and a business-friendly regulator in the form of
Amid the clamour of international investors for access to emerging markets such as Latin America, India and China over the past couple of years, Africa – South Africa excepted – has largely passed
The Netherlands has a formidable asset in the global market for cutting-edge financial services with the strength and size of its pension funds and other institutional investors, but it ri
Over the last 18 months, Calamatta Cuschieri Fund Services (CCFS) has seen the number of funds it administers grow steadily as the Mediterranean island continues to attract a fair deal of new business, enticing both start-up & seasoned fund managers. Michael Galea,
Following the fire-sale of Bear Stearns, the bankruptcy of Lehman Brokers and the shock acquisition of Merrill Lynch by Bank of America, the days o
Landsbanki, Iceland’s second largest bank, is deploying the real-time multi-asset pricing and analytics platform from SuperDerivatives, which provides derivatives solutions for multi-asset
