Scoach achieved a trading volume of EUR42.6bn in Zurich and Frankfurt in 2012. Since it was founded, Scoach has held its number one position in Europe continually and ranks third in global terms behind the Hong Kong Exchange and the
Compliance bosses for Europe’s largest asset managers are not the only ones struggling under the weight of increased regulation, according to Nicola Smith, chief executive of Helvetic Fund Administration in Gibraltar, who says that smaller funds are being forced to
Technology company ConvergEx Group has signed a definitive agreement to acquire RealTick, a multi-broker, cross-asset electronic execution platform, from Barclays Bank. Financial terms were not disclosed. The deal is expected to close by year end 2010, conditional upon regulatory and
By Martin Scott, International Administration Group (Guernsey) – Two years ago, almost to the day, Guernsey was set to receive the Alternative Investment Fund Managers Directive (AIFMD) passport to allow marketing of Guernsey funds across Europe. Then Brexit and politics
Cowen Group has hired Amrit Agrawal as a managing director in the global capital markets group. Agrawal will be primarily responsible for advising corporate clients on financing solutions across the capital structure, including on acquisition finance. Agrawal will also assist
Ireland’s Central Bank has confirmed that UCITS organized as self-managed investment companies (“SMICs”) will need to complete a UCITS IV enhancement process by 1 July 2013, wrote law firm Maples and Calder this week. For most SMICs this will involve
In a recent speech before the Regulatory Compliance Association, Bruce Karpati, chief of the Securities and Exchange Commission’s enforcement division’s asset management unit, suggested where the SEC may be heading regarding hedge fund oversight in the months to come. Karpati
By Fiona Le Poidevin, TISE – There were 705 new listings on The International Stock Exchange (TISE) during 2017, which was an increase of 40 per cent on the previous year. In the first quarter of 2018, there was a
The US Commodity Futures Trading Commission has obtained more than USD16.2m in restitution and civil monetary penalties in a federal court order against defendants Scott P. Kear, Sr., Jeffery L. Lyon and entities they controlled, M25 Investments and M37 Investments,
A study by Advent Software suggests that a research management solution can save investment firms around 40 per cent in labour costs associated with inefficient and often futile information searching. Based on a survey of 360 portfolio managers, research directors
