The Alternative Investment Management Association (AIMA), the global representative body for alternative asset managers, is to establish a new volunteer network in Bermuda. AIMA members on the island will be represented by a new Executive Committee (ExCo). This ExCo and
The Managed Funds Association (MFA) has filed a comment letter addressing the automated trading rules, known as Regulation AT, proposed by the Commodity Futures Trading Commission (CFTC). “MFA Members support the CFTC’s goal of modernising regulatory oversight of futures trading
Hedge fund liquidations increased in the last quarter of 2015, as volatility and turmoil from the second half of 2015 resulted in falling investor risk tolerance and capital redemptions from underperforming hedge funds, according to the latest HFR Market Microstructure
Commodity Pool Operator (CPO) Equinox Fund Management is to pay a USD250,000 penalty and disgorgement of USD5,404,004 to settle CFTC charges that it made misstatements and omissions in disclosure documents and reports for the Frontier Fund (TFF). A CFTC order
Vestmark, an SaaS based technology provider of portfolio management and trading solutions, has launched Vestmark Manager Marketplace (VMM), a solution designed to connect asset managers efficiently with sponsors (RIAs, Banks, Broker Dealers) who use third-party management in model portfolio format
Seward & Kissel is pleased to announce that David Tang has joined the Firm as Counsel in its Investment Management group. Previously, he was Counsel to compliance consultant and investment management law firm Orical LLC. This marks a return to
Hedge fund strategies outperformed equity markets in the first two months of 2016, according to the performance of IndexIQ’s IQ Hedge family of benchmark hedge fund replication indexes. “The volatility that characterised 2015 and the start of 2016 continued through
The US Commodity Futures Trading Commission (CFTC) has unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. This action follows the
Deutsche Börse and London Stock Exchange Group have reached agreement on the terms of a recommended all-share merger of equals which the companies believe will result in a significantly enhanced product offering for customers. The newly formed combined group will
Gemini Hedge Fund Service has expanded its suite of distribution channels and relationships, by partnering with Hedge Connection to help managers strengthen their engagement with accredited investors. "Hedge Connection has brought together thousands of hedge fund managers and investors online
