To date hedge funds have largely escaped the impact of the increasing scope and aggressive enforcement of the Foreign Corrupt Practices Act by the US Department of Justice and the Securities and Exchange Commission. However, Matthew Reinhard, a member at
BNY Mellon has launched the BNY Mellon Emerging Markets Corporate Debt fund, a Dublin-domiciled UCITS, and is to be managed by Insight Investment.
Stephanie Miller has joined JP Morgan Worldwide Securities Services as Global Head of the Alternative Investment Services business, reporting to Nick Rudenstine, Global Head of Investor Services for WSS. In this new role, Miller will oversee strategy and direction for
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Christopher Varlesi of Chicago, Illinois, individually and doing business as Gold Coast Futures and Forex (Gold Coast). The CFTC is charging Varlesi with fraudulently operating a commodity pool to trade
Kinetic Partners, the global professional services firm to the asset management, banking and broking industry, has acquired AB Fund Services, the Luxembourg-based fund advisory firm. AB Fund Services advises on regulatory and compliance requirements for investment funds domiciled in Luxembourg,
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.10% in March. “Another month of healthy inflows continues the recent trend,” says Hans Hufschmid (pictured), chief executive officer, GlobeOp Financial Services (LSE:GO.). The GlobeOp Capital Movement Index
Systematic global macro trading firm Sunrise Capital Partners is listing its Expanded Diversified Strategy and Aggressive Diversified Strategy in the AlphaMetrix Global Marketplace (AGM). “Since our inception in 1980, Sunrise has aimed to provide clients with compelling, low correlation returns
Goldman Sachs Execution & Clearing (GSEC), a registered futures commission merchant based in New York, NY, has agreed to pay a USD5.5 million civil monetary penalty and USD1.5 million in disgorgement to settle CFTC charges that it failed to diligently
DLA Piper has appointed Richard Reilly as a partner in the firm’s global investment funds practice. He will be based in the firm’s New York office and he will also be working in conjunction with the firm’s London office. Reilly
Man Group Plc, the global alternative investment manager, has launched the Man Commodities Fund, offering retail and institutional investors exposure to global commodities markets in a UCITS format. The underlying investment strategy has been developed by Man Systematic Strategies, an
