Former Dexion Capital veteran Andrew Gale and DBS veteran Lee Ka Shao have received an allocation from the pension fund management firm APG to seed the launch of a new Asian focused macro hedge fund. APG manages the assets of
Channel Islands leaders are confident about relations with the new UK government – including Vince Cable, the Liberal Democrat business secretary who is renowned as a vigorous critic of “tax havens”. Officials from Jersey and Guernsey have also found
New derivatives rules in the bills now headed into the US Congressional conference committee process, will impact far beyond banks and other derivatives market players, according to a new report from Greenwich Associates. Because of the central role that derivatives
A flurry of optimism meant investors hit the pause button on their flight from equity funds in October, according to the latest Fund Flow Index (FFI) from Calastone. Investors also pulled back from bond funds for the first time since January.
Iveagh Private Investment House, the Guinness family office and asset manager, and 47 Degrees North Capital Management, an alternative investment provider, have launched the Iveagh Newcits Fund. The fund offers investors access to a diversified portfolio of Ucits regulated absolute
The value of investment funds in Guernsey increased by GBP13.2bn (7.2%) during the first three months of this year, according to the latest figures released by Guernsey Finance. The third successive quarter of growth takes the total value of funds
GlobeOp Financial Services has entered into exclusive negotiations to provide front office support and middle- and back-office services to the management company of a specialist asset manager with over USD15bn in assets under management. GlobeOp will also implement a lift-out
New research from the European School of Management & Technology (ESMT), in collaboration with the Rotterdam School of Management, has highlighted a worrying disconnect in the behaviour of investors in hedge funds and the subsequent performance of their investments, typically
Fifty six per cent of wealth creators around the world say they have made money in the last 12 months and they are on track for success against their optimistic predictions last September. Last September 78 per cent of the
Man Group made a profit before tax of USD541m for the financial year ended 31 March 2009, down from the USD743m profit made the previous year. Diluted earnings per share were 24.8 cents, compared with 28.4 cents in 2009. Man
