The US Commodity Futures Trading Commission (CFTC) has filed an anti-fraud civil lawsuit charging defendants PMC Strategy, LLC (PMC) of Monroe, NC, and its principals, Michael Hudspeth of Statesville, NC, and Timothy Bailey of Monroe, NC, with committing fraud in
Swiss-based Palladio Alternative Research SA is pleased to announce that it has hired Katherine Hill as a Managing Director for the Geneva subsidiary. Palladio’s business model is designed to provide insightful outsourcing solutions for hedge fund research, due diligence and
ICMA’s European Repo Council (ERC) has launched its updated guide to best practice in the European repo market, setting out standards for the orderly trading and settlement of repos. Much repo trading in Europe is between banks in different countries,
Singapore Exchange (SGX) and the London Metal Exchange (LME) have successfully launched LME-SGX copper, aluminium and zinc futures providing retail investors in Asia and beyond easy access to global metals markets. The new futures contracts have already attracted strong interest
2012 was a promising start for alternative UCITS funds with the UCITS Alternative Index Global gaining 1.37 per cent having fallen 3.64 per cent in 2011.
The Council of Ministers has announced that Jersey is to maintain its zero-ten tax regime, following a recent review by the EU Code of Conduct Group and High Level Working Party. Concerns over deemed distribution and attribution rules were raised
Total assets in Irish-domiciled funds have exceeded EUR1trillion, an all-time high, reflecting what Gary Palmer (pictured), Chief Executive of the Irish Funds Industry Association (IFIA)
Virogen Inc, a holding company specialising in data security and encryption technology, is in discussions with a European hedge fund to secure long term financing for the commercialisation of its products and services worldwide. Negotiations are ongoing in the development
The Blackstone Group (NYSE:BX) has appointed Martin Donnelly s a Managing Director in its Sydney, Australia office. He will head business development and client relations in Australia and the Pacific Rim for Blackstone Alternative Asset Management (BAAM), the world’s largest
Conduit Capital Markets, an independent mid-market institutional derivatives and securities dealer, has appointed Paul Blake as head of fixed income sales.
