Lloyds Banking Group is selling a portfolio of 40 private equity investments in its Bank of Scotland Integrated Finance business to a new joint venture called Cavendish Square Partners. The new joint venture will be majority owned (approximately 70 per
Despite negative markets in June, hedge funds were able to attract new assets, with an estimated USD5.6 billion flowing into the space during the month. Oliver Schupp, President of Credit Suisse Index Co, LLC, says: "The Dow Jones Credit Suisse
By Katya Tua – Although Malta has seen its profile grow among the global financial services community particularly over the past two or three years, its fund industry has been developing for more than a decade. Even at the outset,
The Depository Trust & Clearing Corporation has acquired the outstanding shares of Avox, a reference data business located in the UK. Avox’s primary business is cleansing and maintaining high-quality reference information on legal entities and counterparties needed by financial services
SkyBridge Capital has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments. The deal positions SkyBridge as an alternative asset manager with a total of USD7.4bn in assets
Malta’s success in attracting international fund business is mostly down to the Professional Investor Fund regime, introduced in 2000 when the Malta Financial Services Authority issued the Guide to the Establishment of Professional Investor Funds. Previously funds established in Malta
The Greenwich Composite Investable Index shed 2.18 per cent during May in an extremely difficult market for hedge funds and investors worldwide. All Greenwich Investable Indices moved lower on the month, albeit to a lesser extent than the precipitous drop
Laven Partners Asset Management has launched a second commodity trading adviser fund – the Laven Funds Global Systematic ST Plus SPC.
The Scotia Capital Canadian Hedge Fund Performance Index finished September 2011 down 1.22% on an asset weighted basis and down 3.81% on an equal weighted basis. The Index outperformed broader equities on both asset and equal weighted bases, and outperformed
Andrew Milligan, head of global strategy at Standard Life Investments, argues that it will take time before the effectiveness – or otherwise – of the UK’s proposed new structure financial for financial regulation becomes clear. Anyone who flies into Edinburgh
