The increasing number of Ucits hedge funds launched in Europe means that tighter regulation is needed both to protect retail investors and the Ucits brand, a paper by PricewaterhouseCoopers says. The paper, Future Newcits regulation?, includes some of Europe’s regulators
Howard Freedland has joined F500 Advisory Services as Chief Investment Officer and Head of Alternative Investments. Freedland, who started one of the nation’s first 50 hedge funds and negotiated the USD280 million joint venture between GE Capital and ResCom in
2011 continues to be a tough year for hedge funds globally, with Hedge Fund Research’s Composite Index reporting modest gain of +0.76 per
Euronext has signed a memorandum of understanding (MOU) with the Dalian Commodity Exchange (DCE) to carry out joint research into the promotion, distribution and trading of commodity products. The exchanges will also look to develop new strategies for improving the
The US Commodity Futures Trading Commission has obtained a preliminary injunction against defendant Ronald W. Smith, Jr., doing business as Safeguard 3030 Investment Club, of Vansant, Virginia, after a federal court held at hearing where the defendant also appeared. The
August is turning out to be a good month for Stephen Diggle’s long Asian volatility and arbitrage (LAVA) fund, having already gained 4 per cent in the firs
Structured finance and derivatives lawyer Jeffrey H Chen has joined Cadwalader, Wickersham & Taft’s Hong Kong office as partner. Chen, formerly with Mayer Brown JSM in Hong Kong, will be a part of the Capital Markets team. "Jeff is a
Customers of Markit’s Portfolio Valuations service can now elect to have their portfolios updated automatically using a realtime trade feed from MarkitSERV. For permissioned customers, the new connection captures their over-the-counter (OTC) derivative trades processed through MarkitSERV, the electronic trade
Sauer Capital’s Alternative Investment Services, has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility in structuring their funds and managing illiquid or long-term assets.
The implementation of the Tokyo Stock Exchange’s Arrowhead trading system has resulted in a reduction in the costs of trading Japanese equities, according to analysis by ITG. According to the research, January 2010 saw a 36 per cent drop in
