Avoca Capital has launched a long-only convertible bond fund, Avoca Convertible Select Global, a UCITS compliant Luxembourg SICAV offering daily liquidity. This follows Avoca’s move in November 2011 to further extend its product offering and partner with an experienced
Guernsey Finance has welcomed an announcement from the Channel Islands Stock Exchange (CISX) that it is once again open to considering new listing applications. A statement published on the CISX website says that it is “gradually able to apply more
Man Investments has launched a new investment management subsidiary specialising in financing environmentally-related projects, Man Environmental Capital Opportunities, which seeks to capi
Turmoil in emerging market currency markets has clearly reflected in hedge fund performance. The latest data from eVestment shows a mixed reaction to the tightening of monetary policy by the US Federal Reserve. Flows into emerging market funds were at
FIX Trading Community, the non-profit industry-driven financial trading standards body, has published updated guidelines for the electronic trading of bonds and swaps using the FIX messaging standard. The guidelines have been designed to enable market participants to benefit from
INDOS Financial, the independent Alternative Investment Fund Management Directive (AIFMD) depositary business, has made two senior advisory and management appointments. Des Quigley, former Managing Partner of Ernst & Young Ireland, has been appointed non-executive director. Paul Whelan, Head of Depositary
Michael Parker has been appointed president of alternative investment manager Parker Global Strategies to give the firm strategic direction and lead its worldwide marketing initiatives, as
FundAssist, an international service provider to the asset manager industry covering hedge funds, exchange-traded funds and UCITS funds, has added to its team with two management appointments. Philip McKee, product development manager, has joined the senior management team focusing
To mark the third anniversary of the Eurex/KRX Link, Eurex Exchange is waiving trading fees for the Eurex KOSPI Product for the month of September. In addition, all Eurex members located in Korea also qualify with immediate effect for
The SEC has charged the owner of a New York-based investment advisory firm with defrauding investors while grossly exaggerating the amount of assets under his management. The SEC alleges that Fredrick D Scott of Brooklyn, New York, registered his firm
