DZ BANK has successfully commenced clearing its interest rate swaps (IRS) business through SwapClear, LCH.Clearnet Ltd’s (LCH.Clearnet) market leading over-the-counter (OTC) IRS clearing service. The total number of SwapClear clearing members now stands at 56. DZ BANK, a corporate and
Conifer Securities, a hedge fund service provider and prime broker, has announced that Jon Karis has joined the firm as director of prime brokerage services.
Thomson Reuters has announced plans to support the growth in commodities trading through new enhancements made to its multi-asset class transaction service, Reuters Trading for Exchange
The Securities and Exchange Commission (SEC) has sanctioned three investment advisory firms for violating the “custody rule” that requires them to meet certain standards when maintaining custody of client funds or securities. The majority of investment advisers do not maintain
DLA Piper has appointed Australian corporate and financial services lawyer Luke Gannon as a partner in its corporate group and head of the firm’s funds practice throughout Asia.
The hedge fund industry posted an inflow of USD8.1 billion (0.5% of assets) in May 2011, according to the latest report from BarclayHedge and TrimTabs Investment Research. The inflow marks the fifth straight as well as the seventh in eight months. Industry
FOFiX 3.1, the new version of Riskdata’s flagship risk management service for funds of hedge funds, will incorporate FOFiX Active, which enables users to import data feeds from hedge fund
Consolidating a number of recent tax proposals in this year’s Budget would boost the attractiveness of UK funds versus their offshore competitors, according to Rachel Hanger, investment
Butler will be advising staff on all legal matters from questions concerning the structure of Cayman entities such as exempted limited partnerships and purpose trusts to compiling and maintaining precedents to be used in regular company management to advising IMS
The newly launched EMERGENCE seeding platform, created in early 2012 with the backing of seven major French institutional investors and managed by internationally recognised seeder NewAlpha Asset Management, has announced its first seeding partnership with Eiffel Investment Group, through its
