Tim Thornton, Chief Data Officer, Mitsubishi UFJ Fund Services, says fund managers could face regulatory sanctions over EMIR… The reporting of over-the-counter derivatives and exchange traded derivatives as mandated under EMIR has been in place for a year. While a
The US Commodity Futures Trading Commission has obtained a consent order against Michael Kourmolis of Brooklyn, New York, permanently prohibiting him from engaging in any activity related to trading any commodity interests, including soliciting funds, registering with the CFTC and
Cazenove Capital announces that Tim Russell is to step down from his role as head of pan-European equities. After 26 years commitment to the investment industry Tim is taking a career break and will leave the business in July, after
Guernsey’s Chief Minister, Jonathan Le Tocq, has held a series of meetings in Washington to boost the Island’s reputation as a leading international finance centre. A week after Guernsey and the USA signed an asset sharing agreement, the Chief Minister
Liquid alternative investments firm 361 Capital’s Global Long/Short Equity Fund (AGAZX) outperformed its benchmark during its first year of trading. The find also placed in the top eight per cent of the Morningstar Long/Short Equity Category out of 349 funds
The hedge fund industry redeemed USD29.1 billion (1.2% of assets) in December, its largest outflow since April 2009, according to BarclayHedge and TrimTabs Investment Research. “Hedge funds shed USD12.5 billion in the second half of 2014, a sharp turnabout from
Mayfair-based Heptagon Capital, a USD3.6billion asset management firm established in 2005 by ex-Morgan Stanley directors Eran Ben-Zour, Tarek Mooro and Fredrik Plyhr, has launched a ne
Calastone, the global funds transaction network, has expanded into the Nordic market with the addition of Swedish firm Wassum Securities to its trading network. Wassmum is now live and routing orders. Wassum caters for institutional investors, unit linked companies, pension
Singapore Exchange’s derivative market will from 16 May add rubber futures to its commodities suite with the migration of SICOM rubber contracts onto the SGX trading platform. The addition of SICOM TSR 20 and SICOM RSS 3 rubber futures will
Multi-class asset manager La Française has signed a strategic partnership – pending regulatory approval – with Alger Management (Alger). La Française will take a 49.9% interest in Alger, an affiliate of Fred Alger Management, a US asset management firm. Two
