International Asset Management, a fund of hedge funds investment manager in Europe, has appointed Andrew Cade as head of client development and marketing and Mark Faulkenberg as head of operational due diligence. Based in IAM’s London office, Cade will be
The US Commodity Futures Trading Commission (CFTC) has obtained a federal default judgment order requiring defendant Richard D.Theye of Austin, Texas, to pay more than USD6.2 million in restitution and civil monetary penalties for operating a commodity pool Ponzi scheme.
Alternative strategies within a Ucits framework witnessed further improvements in demand in the second quarter of 2012, according to the first in a series of quarterly reviews of the Ucits sector by Alceda Fund Management. Tracking the Absolute Hedge Global
GLG Partners, now a subsidiary of Man Group Plc, announced this week it had launched a new UCITS III-complian
Multi-jurisdictional law firm Conyers Dill & Pearman will be adding Cyprus legal advice to its roster of jurisdictions. The Cyprus practice will be launched out of Conyers’ Moscow office, and the firm will provide advice on all aspects of Cyprus
The US Commodity Futures Trading Commission has obtained a federal court order requiring Blue Sky Capital Management and its principal, Gregory M Schneider, jointly and severally to pay a USD140,000 civil monetary penalty for making false statements to representatives of
EFAMA this week defended Exchange-Traded Funds in a reply to the G20’
HSBC Global Asset Management this week became the first firm to launch a CIVETS fund.
Guernsey has signed Tax Information Exchange Agreements (TIEAs) with Italy and Latvia. The bilateral agreements were signed on 6 September and they mean that Guernsey has now signed a total of 37 TIEAs. Guernsey’s chief minister, deputy Peter Harwood (pictured),
Bloomberg reports that Andrew Bazarian, a former manager at SAC Capital Advisors LP, plans to start his own Pan-Asian hedge fund betting on rising and falling stocks, according to a person with knowledge of the matter. Bazarian left SAC’s Hong
