Bedell Trust has expanded its international presence through the acquisition of a majority stake in Singapore Trust Company Pte Ltd (STC), a fiduciary and corporate services business in Singapore. STC which was incorporated in 1996, was the first trust company
The Gibraltar Financial Services Commission (GFSC) is delighted to announce that it has signed a Memorandum of Understanding (MoU) with the British Virgin Islands Financial Services Commission on 13 July 2015. Under the terms of the MoU, the commissions agree
Veteran hedge fund of funds’ manager Dixon Boardman, CEO and Founder of Optima Fund Management, has commented on how hedge funds have performed in the recent volatile market. He says: “First, the recent downdraft in equities is a long-overdue correction
Treasury reforms, financial innovation and growing demand is driving interest in Australia’s hedge fund industry, according to the Alternative Investment Management Association (AIMA), the global hedge fund industry association. Currently managing AUD96.9 billion (US$67 billion) in assets, according to the
Markit, a provider of financial information services, has completed its acquisition of DealHub, a leading provider of trade processing and trading services to the foreign exchange market. The acquisition complements Markit’s growing business in FX and enables Markit to offer
August was a very volatile month for capital markets. Risk assets sold off without a corresponding offsetting rally in traditional safe-haven assets, such as sovereign bonds or the US dollar. The MSCI World index was down 6.6 per cent while
In this excerpt from Preqin Investor Outlook: Alternative Assets, H2 2015, we take a closer look at how investors source and select new investment opportunities, based on the results of our interviews with over 100 investors in hedge funds. As
Elian has agreed terms to buy SFM Europe, a provider of corporate services with more than EUR1 trillion of assets under administration. Elian sees the acquisition ‘as an outstanding strategic fit for Elian as SFM Europe has a long established reputation
SS&C Technologies Holdings, a provider of financial services software and software-enabled services, has announced the leadership team for its recently acquired Advent Software business unit. Pete Hess, who has served as Advent’s President and CEO, will lead SS&C’s Advent business
Following Preqin’s mid-year surveys of both hedge fund investors and fund managers, both parties agree that the greatest challenge the industry currently faces is performance. Forty-four per cent of investors named performance as a key issue facing the industry, as
