The London Pensions Fund Authority (LPFA) has selected an affiliate of Apollo Global Management as its alternative credit manager. Subject to final documentation, Apollo will oversee the LPFA’s GBP150 million allocation to alternative credit including distressed debt, real estate debt,
Interactive Data, a provider of fixed-income evaluated pricing, is to launch a new Indicators Service in July, leveraging the same fixed income evaluated pricing and reference data content that supports pricing and trading functions at buy-side and sell-side firms. As
The European Securities and Markets Authority (ESMA) has made a recommendation to the European Parliament, Council and Commission, that Jersey should be amongst those ‘third countries’ granted an AIFMD passport. This recommendation follows ESMA last year issuing a ‘Call
Maples and Calder has advised LATAM Airlines Group on a private offering of two tranches of Enhanced Equipment Trust Certificates (EETCs) priced on Thursday, 14 May 2015. The deal met with such popularity, that it was immediately upsized to an
Technologists are responding rapidly to the operational demands of hedge fund managers as COOs and CCOs search for greater simplicity in an increasingly complex business environment. Compliance and regulatory demands are manifold. As such, managers need the confidence, and, importantly,
The Depository Trust & Clearing Corporation (DTCC) has urged legislative and industry action to address three key obstacles that are hindering achievement of the G20 transparency goals set forth by policymakers in the aftermath of the 2008 financial crisis. During
With institutional dollars now dominating the hedge fund industry, managers are facing far more stringent operational due diligence assessments. Pension funds and endowments are hiring dedicated ODD teams simply to go in and find reasons not to invest in managers.
“The major changes we see are in demands for access to data and demands for accuracy. Our clients want to see data more in real-time, anytime, anywhere. There is a lot more information that has to be managed and accuracy
The Chicago Board Options Exchange (CBOE) is collaborating with the Singapore Exchange (SGX) to launch the first international extension of the world-renowned CBOE Options Institute. The "CBOE Options Institute at SGX" is expected to launch in the fourth quarter of
With cyber risks increasing year-on-year, and regulators such as the Securities and Exchange Commission (`SEC') taking an increasingly prominent role in assessing the preparedness of broker-dealers and registered investment advisors, establishing cybersecurity best practices is not only useful; it's a
