Myles Flint is to join law firm MW Cornish & Co as a partner with effect from 28 January 2013. Flint has vast experience in advising hedge, private equity and other alternative investment managers and funds and EU Ucits and
Carne Group, the global fund governance specialist, has welcomed the consultation initiative and the decision by the Cayman Islands Monetary Authority (CIMA) to enhance and clarify corporate governance standards for the Cayman Islands funds community. The proposals include the extension
The London Metal Exchange (LME) has launched a consultation on a proposal designed to cut warehouse queues. The proposal presented to the market today suggests a way to both cut existing queues and prevent new queues from forming.
MarketAxess has launched an index to inform market participants of trends in liquidity and transaction costs in the credit markets. The MarketAxess Bid-Ask Spread Index (BASI) is designed using a proprietary methodology and tracks the spread differential between buy
CFTC Commissioner Bart Chilton on the Filing of Charges in the MF Global Case… This is a bellwether case for the Commission following an exhaustive investigation. I hope that those who lost money in this colossal catastrophe can gain some
MTA International, Borsa Italiana’s new segment dedicated to the trading of shares of foreign issuers already listed in other regulated EU markets, started trading on Monday 24 July.
Chicago-based Spectrum Global Fund Administration is to acquire Breakwater Compliance Partners LLC.
Steady inflows and performance-based gains increased hedge fund assets by USD60bn in the fourth quarter, bringing total industry capital to a record USD2.25trn, according to the latest HFR Global Hedge Fund Industry Report. Hedge funds posted performance gains in 4Q12,
The improvement in market dynamics and the reduction of tail-risk, coupled with a very appealing opportunity set, means that Altin, the USD250m multi-strategy fund of hedge funds, is starting to invest in less liquid strategies with higher expected returns. This
The international derivatives exchanges of Eurex Group achieved an average daily volume of 10.8 million contracts in June (June 2012: 11.0 million). Of those, almost 8.1 million were Eurex Exchange contracts (June 2012: 8.5 million), and 2.7 million contracts
