The Securities and Exchange Commission has charged a New York investment management firm and its principal for operating a large-scale scheme that defrauded hundreds of investors of mil
Global private equity firm TPG Capital is buying a stake in Hong Kong-based hedge fund sponsor HS Group Ltd (HSG) and establishing a strategic relationship with the company, HSG said in a statement on Thursday according to Reuters. The deal
The International Securities Exchange (ISE) has not appealed a federal court decision that rejected ISE's attempt in the New York courts to challenge S&P Dow Jones Indices’ (SPDJI) rights to control the use of the S&P 500 and the Dow
Amidst the turbulence of recent market conditions, European absolute return funds and multi-asset flexible funds failed to consistently perform and provide sufficient protection against downside ri
By Fiona Le Poidevin – A number of clean energy funds have been launched in the last two years, a significant proportion of which have raised capital through a listing on an international stock exchange. Many have also their choice of domicile
Eze Castle Integration has increased its cloud computing customer base to more than 130 financial industry firms. In the first half of the year, Eze Castle also completed several domestic and international expansion projects, welcomed new members to its executive
Bank of New York Mellon, a global provider of asset management and securities servicing, has expanded DM Edge, its derivatives collateral management service, to cover a wide range of ma
Global and US long/short equity strategies would appear to be the top two most favoured strategies among investors in Q1 according to the latest Alternative UCITS Barometer report by ML Capital. The report finds that there is three times more
The Securities and Exchange Commission has obtained an asset freeze against two New York residents and their three affiliated entities, who orchestrated an investment fraud involving th
By Ron Kashden, founder of Ingenious Initiatives – Just when you think the regulatory landscape couldn’t get any tougher, government agencies increase their reporting requirements. Whether it’s a US Commodity Futures Trading Commission (CFTC) rule or compliance with the Foreign
