The Securities and Exchange Commission (SEC) has charged a Connecticut-based investment adviser with falsely stating to clients that it was co-investing alongside them in two collateralised debt obligations (CDO). The SEC’s investigation found that Aladdin Capital Management’s co-investment representation was
The Matrix Asia Ucits Fund has moved net long China, believing that the late cyclical move is likely to last 12 to18 months. Rupert Foster, manager of the fund, says much has been made this year of the imminent collapse
Fortress Investment Group has closed the Fortress Japan Opportunity Fund II (FJOF II) at its cap of JPY130bn, or approximately USD1.65bn. FJOF II is a successor fund to the Fortress Japan Opportunity Domestic Fund (FJOF), which closed in June 2010
Two of the largest European investment managers, Insight Investment Management (Global) Limited in London and OFI Asset Management in Paris, have successfully begun client-clearing services of the EurexOTC Clear for Interest Rate Swaps (IRS). Both clients were introduced to the
The Commodity Futures Trading Commission has notified ICE Futures US of the results of a rule enforcement review completed by the commission’s division of market oversight. The review covered the target period from 1 November 2010 to 1 November 2011.
ML Capital Asset Management, the investment manager and promoter of the MontLake Ucits Platform, has published the ninth edition of the quarterly ML Capital Alternative Ucits Barometer. The Barometer is designed to help identify and anticipate key trends in the
The Alternative Investment Management Association (AIMA) has responded to the publication of the final text of the implementing measures of the Alternative Investment Fund Managers’ Directive (AIFMD) by the European Commission. The publication of the final text marks the conclusion
TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace, have announced a product cooperation to trade and clear derivatives based on the TAIEX index, one of the most heavily traded Asian equity indexes. A letter of intent
Advent Software, a provider of software and services for the investment management industry, has moved to a larger office in Dubai within the precincts of the Dubai International Financial Centre. The firm says the new office space is a response
November presented a mixed trading environment for the Newedge indices, with commodity strategies fairing poorly, extending a recent downturn in performance. The Volatility Trading Index meanwhile, continued a good run and has now been positive in eight of the 11
