The European Commission’s proposed directive on Alternative Investment Fund Managers risks creating an administrative structure that will harm the international competitiveness of the f
The US District Court for the District of Massachusetts has ruled that the Commodity Futures Trading Commission (CFTC) has the power to prosecute fraud involving virtual currency. James McDonald, CFTC Director of Enforcement, says: “This is an important ruling that
Law firm A&L Goodbody has completed the first investment fund company migration to Ireland from Bermuda, under new legislation which facilitates the effective redomiciliation of investment fund companies from six separate jurisdictions to Ireland. The new legislation facilitating the redomiciliation
RBC Dexia Investor Services has appointed Guy d’Albrand as Head of Securities Lending and unveiled its new global Market Products & Services (MPS) business model, offering clients access to multiple portfolio solutions under one umbrella. D’Albrand previously worked with Société
Caspian, a joint venture between institutional trading software provider TORA and blockchain advisory firm Kenetic, which is designed to bring institutional grade trade order, execution, compliance and portfolio risk management features to the crypto world, is to integrate with Coinbase to drive institutional participation
When a piece of legislation is so roundly criticised on all sides as the European Commission’s proposed Directive on Alternative Investment Fund Managers, attacked by the alternative fund
Derivative asset management firm Harvest Volatility has appointed Peter Montgomery as an executive director. Based in San Francisco, Montgomery is responsible for strengthening Harvest’s West Coast marketing and sales efforts. Rick Selvala, Harvest’s Chief Executive Officer, says: “We are thrilled
January proved to be a mixed bag in terms of strategy performance within the alternative UCITS universe. According to the UAI Global index, provided by Alix Capital, the average fund lost -0.38 per cent last month. Eight of the eleven
US Bank Global Fund Services has hired Peter Mastriano as executive director and global head of product management for private equity, real estate and alternative investment funds. In this role, Mastriano will develop the firm’s private equity, real estate and
Northern Trust is assisting fund managers with the generation and maintenance of Key Investor Information Documents. This latest automated offering supports Northern Trust’s fund manager clients who under Ucits IV will be required to provide KIID for every Ucits product
