Foreside Financial Group, a provider of distribution and compliance services for open- and closed-end funds, exchange traded products, commodity pools, private placements, investment advisers and registered broker-dealers, has acquired Beacon Hill Fund Services, Financial terms of the transaction, which is
Over the years, Ireland has built out its financial services industry to become Europe's de facto onshore alternative funds domicile. Up until March 2015, the most popular legal entity was the Irish Plc, also known as a Part XIII Company.
“Amid the hyperbole and today’s vertiginous fall, Sterling’s one saving grace is that the Euro is likely to be hit almost as hard by a Brexit,” says David Lamb, head of dealing at FEXCO Corporate Payments. “So the Pound’s collapse relative
EBS BrokerTec and ICAP Information Services (IIS) have launched the EBS CNH Benchmark, a fully electronic, trade-backed reference rate for the offshore Chinese renminbi (CNH) market. The benchmark has been launched following considerable interest from a number of major Chinese
Irish Funds, the representative body for the cross-border investment funds industry in Ireland, kicked off its annual funds conference on Thursday, celebrating 25 years of the Association. Having already put Ireland on the map as a global centre of excellence
Barclays Bank is to pay a USD560,000 penalty to settle Commodity Futures Trading Commission (CFTC) charges that it failed to submit accurate large trader reports (LTRs) for physical commodity swap positions. Barclays is headquartered in London and has been provisionally
Wolverine Trading UK Ltd (Wolverine’ has become a Member on TOM MTF as of 23 June 2016 and will start quoting as Market Maker in options. TOM MTF has accepted a number of new members recently and expects more in
Prestige Capital Management has launched its Commercial Finance Opportunities Fund on the Sweden-based Mutual Funds Exchange (MFEX) platform and has launched a dedicated Swedish Krona (SEK) hedged share class. The fund aims to achieve consistent absolute returns in most market
State Street Global Advisors has won the sixth annual Funds Industry Football Charity Shield five-a-side tournament beating Smith & Williamson 2-1 in the final game held on Thursday in Shoreditch, London. Hosted by Calastone, the global funds transaction network, the
Boutique asset manager Unigestion has signed the Montreal Carbon Pledge, an ambitious collaboration between the United Nations-supported Principles of Responsible Investment (PRI) and investors from around the world. The pledge has attracted commitment from over 120 asset owners and investment
