BCB Group has secured Swiss regulatory approval as a financial intermediary for its cryptocurrency prime brokerage service by VQF, an authorised SRO by the Swiss Financial Markets Supervisory Authority FINMA. Aiming to provide seamless infrastructure covering onboarding, execution, settlement,
Convergex Group, a technology company, has appointed Sean Westley as a senior vice president of sales at NorthPoint Trading Partners, the firm’s boutique prime brokerage business. In his new role, Westley is located in New York. Westley brings over 12
Luxembourg’s funds industry enjoyed a good period of growth last year, a period during which assets under management grew, on average by 15 per cent, asset flows grew by 5 per cent, profits grew by 10 per cent, while margins were
By Daniel Carpenter, Head of Regulation at Meritsoft – “Not my problem gov” has long been the response from the major investment managers when it comes to settling transactions. In fairness, why should a BlackRock or Fidelity really care? After all, most of
Dr Sven Zeller, a partner in the Frankfurt office of Clifford Chance, outlines the latest regulations for hedge fund investments by German insurance companies. A c
Noble Investments is launching NISapphire Notes offering multi-currency access to leading hedge funds through a managed portfolio. The subscription period will run
Dow Jones Indexes has launched a family of indices measuring the market’s expectation of the future rate of US inflation. They are intended to serve as the underlying basis of financial products such as exchange-traded funds, swaps and structured products.
By Anne-Gaëlle Delabye & Tara Kapur – Non-EU managers seeking access to European capital are more frequently looking to Luxembourg parallel structures due, in part, to their flexibility and the features that the Luxembourg limited partnerships share with the Anglo-Saxon model.
An affiliate of LibreMax Capital (LibreMax), an asset management firm specialising in structured credit, is to acquire Trimaran Advisors, a US-based investment manager with expertise in managing collateralised loan obligations (CLOs), from KCAP Financial (KCAP). Trimaran currently manages six CLOs
Two Dublin-based hedge fund products offered by Graf von Bismarck & Associates AG are now fully transparent for German tax purposes. The Euro-denominated funds meet
