The Isle of Man’s Chief Minister Tony Brown has welcomed the progress report submitted by Michael Foot to the UK Chancellor Alistair Darling. Brown says: ‘The Isle of Man regards the review of British offshore financial centres as a wholly
Forty per cent of fund managers worldwide have diversified into long-only funds and 30 per cent into alternatives over the last three years, causing convergence between investment strategi
Morgan Stanley this week announced a partnership with Longchamp Asset Management, a French-based asset manager that specializes in the distribution of UCITS hedge funds, and La Française AM, a multi-specialist asset manager with a 10-year track record in alternative investments.
Murano’s Chromic Reverse Solicitation Process (Chromic RSP) enables investors and fund managers to comply with the AIFMD reverse solicitation conditions. Chromic is an important tool to assist in the documentation process. Chromic enables investors to receive information directly
PCE Investors, a London-based hedge fund operations service provider, has announced an agreement with real estate advisor Cushman & Wakefield to offer a one-stop shop solution to emerg
Mourant Ozannes continues to lead the field in the offshore market, according to the latest rankings published by Legal 500 UK. The 2013 legal directory rankings, which include feedback from clients and peers backed up by independent research, show
Yesterday evening it was revealed that German billionaire Adolf Merckle, 74, had committed suicide on Monday night, apparently throwing himself in front of a train on a line near his home
Sprott has launched an offshore global mining fund with Zijin Mining Group. All relevant regulatory approvals have been received in Canada and the People’s Republic of China and the fund has been initially seeded with USD100m from Zijin and
The RBC Hedge 250 Index had a net return of -2.41 per cent in August., bringing the year-to-date return of the Index to -1.45 per cent. These returns are estimated and will be finalised by the middle of next
The United States Court of Appeals for the Eleventh Circuit has affirmed the District Court’s grant of summary judgment against Michael Lauer, who controlled several hedge funds. The Eleventh Circuit held that the District Court “had before it overwhelming evidence
