By Olivier Sciales, Chevalier & Sciales – Luxembourg’s financial regulator, the Financial Sector Supervisory Authority (CSSF), has published a series of Frequently Asked Questions (FAQs) regarding the draft legislation that will implement the European Union’s Alternative Investment Fund Managers Directive
Reuters and CME have completed the formation of their previously announced 50/50 joint venture FXMarketSpace.
BNY Mellon has received licence approval from the Securities and Futures Commission (SFC) for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business. The new subsidiary will introduce a separately managed accounts platform, which will
Eze Castle Integration, a provider of IT solutions and private cloud services to hedge funds, has launched Eze App Cloud, a private cloud application delivery platform developed exclusively for application providers. Built on the company’s Eze Private Cloud, the hedge
MarketAxess, the operator of an electronic trading platform for fixed income securities and the provider of market data and post-trade services for the global fixed income markets, has reported total monthly trading volume for June 2013 of USD68.6bn. The
Brett Meili has joined US Bancorp Fund Services as legal counsel to provide support for the organisations’ growing alternative investment products and services. Following the recent acquisition of AIS, a fund administrator based in New Jersey, US Bancorp Fund Services
Singapore Exchange’s (SGX) securities and derivatives activities increased in June, compared to a year earlier. For the last 12 months (July 2012 to June 2013) stock market capitalisation increased 13 per cent to SGD954bn. Total bond fundraising increased 45 per cent
Joe Truelove has been appointed as a director of Carey Group’s fund administration business. He leaves Kleinwort Benson after 12 years, most recently as head of business development for the fund administration business. Truelove (pictured) is a fellow
Corporate credit and high yield specialist Muzinich & Co has appointed an emerging market corporate debt portfolio manager. Warren Hyland joins from Schroders, where he was a London-based senior portfolio manager specialising in emerging market corporate debt and global high
Asian equities were mostly higher yesterday (Thursday, July 4th) with the exception of Japanbut trading was cautious ahead of the European Central Bank meeting and Friday’s key US jobs report. Australia’s S&P ASX 200 rallied 1 per cent, Seoul’s Kospi index closed
