Hong Kong’s high court today (June 2) said that it would rule within two weeks on whether to ban New York-based hedge fund Tiger Asia<
The Securities and Exchange Commission has charged a California man with illegally tipping a hedge fund manager with inside information about Nvidia Corporation’s quarterly earnings that he learned from his friend who worked at the company. The SEC alleges that
Newedge has made two appointments in its alternative investment solutions (AIS) group, a part of Newedge’s prime clearing services. Leslie Richman and Duncan Crawford have been appointed co-global head alternative investment solutions. Richman is based in Chicago and has been
Three hedge funds managed by Highland Capital Management have reached a settlement with Deutsche Bank pertaining to the funds’ suit against Deutsche Bank and Deutsche Bank’s suit against such funds, filed in October and November 2008. The terms of the
The Securities and Exchange Commission has charged an attorney and two others living in South Florida for their roles in a USD27.5m investment scheme that led investors to believe they were purchasing securities consisting of “pre-sold” commodities contracts with a
BNY Mellon Asset Servicing, the global leader in investment servicing, has been appointed by Barclays Wealth Funds Limited to provide transfer agency and fund accounting services to UK-domiciled assets valued at GBP4bn (USD6.4 million). The new mandate builds on
NewAlpha Asset Management, the Paris-based global hedge fund incubation specialist, has announced its 16th strategic investment with PAMLI Capital management (PAMLI), a New York-based hedge fund management firm focused on global credit investments with assets under management in excess of
BNY Mellon has completed its acquisition of HedgeMark International, a provider of hedge fund managed account and risk analytic services. Financial terms of the transaction have not been disclosed. HedgeMark will become part of BNY Mellon’s asset servicing business,
The CIO of Man Group’s Multi-Manager division, Luke Ellis (pictured), is to head up a new UCITS fund launched this week.
Claude Kremer, former Chairman of the Association of Luxembourg Fund Industry (ALFI) was this week elected President
