Deutsche Bank’s Trust & Securities Services (TSS) unit has received Qualified Matching Service (QMS) designation from the Internal Revenue Service (IRS) for its dbRemarket platform. The IRS recently confirmed in a private letter ruling that dbRemarket meets the requirements for
Odey Asset Management has established a wealth management operation in Guernsey to provide investment services and discretionary advice to clients and to manage Odey Opportunities, a multi
White Oak Global Advisors, LLC has listed the White Oak Opportunity Fund as a transparent fund on the AlphaMetrix Global Marketplace (AGM). As a transparent fund, the White Oak Opportunity Fund will now be visible to the entire AGM network.
Eze Castle Integration, a provider of strategic IT solutions and private cloud services to hedge funds, has announced the results of its independent “Cloud Adoption Trends in the Investment Management Industry” survey, which was conducted in partnership with IDG Research.
Alternative asset manager Commonwealth Capital Management has launched its systematic Commonwealth Liquid Alpha Index multi-manager trading strategy on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies. The addition of Commonwealth Liquid Alpha Index to dbSelect allows investors
Jeremy Walton, a partner in the litigation practice group at international law firm Appleby and head of the firm’s fund disputes team, says the ruling by a US court on the liquidation of t
The latest figures tracing the performance of Jersey’s finance industry reveal particularly strong growth in its funds sector during the first quarter of 2012, with a 3.5% increase in the net asset value of funds under administration and a total
Two key visible and ongoing trends in the servicing and administration of funds is the convergence of traditional and alternative investment managers on each other’s space, and the need for increas
The decision made by the rating agency Moody’s to downgrade the credit ratings of a string of global banks was greeted inevitably when markets opened on the following day by a sell-off helped by weaker US data and Wall Street
ICAP, the world’s premier inter-dealer broker, has announced that it has expanded its property derivatives business into the Asia-Pacific region, building on its existing European and US o
