The Depository Trust & Clearing Corporation (DTCC) has opened its Asia Pacific global data site headquartered in Singapore. The Singapore location is part of the global trio infrastructure designed to support DTCC’s Global Trade Repository services. The other two locations
Mark DeNatale and Scott Bynum have joined CVC Credit Partners as partner, senior portfolio manager and global head of trading, and managing director and portfolio manager, respectively. DeNatale spent 17 years at Goldman Sachs where he was a managing director
Cantab Capital Partners, a UK-based alternative investment company, is preparing to launch the Cantab Quantitative Ucits Fund. Cantab launched the offshore CCP Quantitative Fund in March 2007. The CCP Quantitative Fund has had an annualised return of 13.3 per cent
London-based Sabre Fund Management is finally close to launching its UCITS III-compliant fund, the Sabre All Weather Fund, having first announced the decision last
By Richard Cassell and Kristin Konschnik, partners, Withers – The US Treasury Department has now released the long-anticipated final FATCA regulations (the ‘Regulations’), which build upon the foundation of the proposed regulations but contain some significant additions and modifications. Non-US
Multi-asset brokerage and clearing specialist Newedge is reinforcing its position in Switzerland, with FINMA, the local regulator, granting branch licenses to the firm’s representative offices in Zurich and Geneva. With full regulatory approval, Newedge in Switzerland will be able to
Darian Capital Services has launched two services to address impending US and European regulations that will change the way hedge and private equity funds are marketed. In the US, such "private" funds have been barred from "general solicitations" or any
Global derivatives average daily trading volume totalled 7.5 million contracts in October 2010, up 6.2 per cent versus the prior year but down 2.9 per cent from September 2010, according to figures from NYSE Euronext. The increase in global derivatives
It’s fair to say that 2010 wasn’t a stellar year for global hedge funds.
Braver Stern Securities, an independent broker-dealer, has appointed Peter D. Howard as a managing director and head trader of CDOs, CLOs and esoteric asset-backed securities. Howard has extensive experience in specialised asset-backed securities products, and will be instrumental in developing
