New changes to FSA regulation on the use of mobile phones and electronic devices, may mean that many FSA-regulated businesses may be forced to ban private devices from the workplace, according to mobile voice provider Natterbox. New legislation, which comes
Alfred C Eckert III, Russ D Gerson and Oliver W Reeves have launched a new asset management firm, Phoenix Star Capital. The new firm will pursue investment opportunities across the leveraged loan and high yield bond markets. The
Carne Global Financial Services has added a senior figure in the Irish funds industry to its growing list of experienced independent fund directors. Mary Murphy joins Carne as a Managing Director, Alternatives, and will be based in the firm’s Dublin
Investors are anticipating that UCITS III funds will receive more than USD185bn in inflows over the next year, according to a recent survey by Deutsche Bank. Having had a UCITS III Long/SHort equity fund available since 2007, plus several new
Citic Securities International Fund Management, based in Shanghai, launched last month a RMB-denominated hedge fund focusing on FX and fixed income reported H
Permal Investment Management Services has appointed Paul Jeffries (pictured) to its institutional team, where he will be responsible for the Group’s UK Institutional business. Jeffries joins Permal on 1 June from Railpen Investments and will report to Roberto Giuffrida, Executive
NYSE Euronext’s global derivatives average daily volume (ADV) was 9.2 million contracts traded per day in March 2011, an increase of 11.9% versus the prior year. The increase in global derivatives ADV versus prior year levels was driven by
Bermuda has been approved as a signatory for the cooperation agreement with EU member states in relation to the Alternative Investment Fund Managers Directive (AIFMD). ESMA has approved co-operation agreements between securities regulators from the 27 EU member states
Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customised alternative investment solutions, has launched the Palmer Square Absolute Return Fund, its first open-ended mutual fund. Launched in partnership with Montage Investments, the objective of the fund
The European Securities and Markets Authority (ESMA) has approved the co-operation arrangements between the Guernsey Financial Services Commission (GFSC) and the EU securities regulators for the supervision of alternative investment funds (AIFs), including hedge funds, private equity and real estate
