Siebert Financial Corp (Siebert), a provider of financial services, has completed the acquisition of Weeden Prime Services (Weeden Prime), a prime brokerage services provider for hedge funds and family offices. Weeden Prime is now a wholly-owned subsidiary of Siebert. The
Bank of Bermuda this week announced strong third quarter results driven by the performance of its Global Fund Service business.
Valuation is a key discussion point in the collateralised reinsurance and catastrophe insurance-linked securities market right now. Over the course of the loss years of 2017 and 2018, Pillar Capital Management Limited (Pillar Capital) has been very focused on its
SS&C Technologies, Inc. is to acquire the fund administration business of Amicorp Fund Services N.V. (AFS), a wholly owned subsidiary of Amicorp Holding Ltd.
Following two challenging months, all SG CTA indices were back in positive territory in November with the SG CTA Index closing the month at +0.87 per cent as 14 out of 20 constituents were positive and cemented their gains YTD,
In this article Tony Evangelista discusses some of the ways US investment funds and the SEC have addressed fund arbitrage. The increasi
Heading into year-end, hedge funds extended their run of positive performance in November with broad-based gains across all strategies, led by the high-beta exposure sub-strategies, Healthcare, Technology, and Fundamental Value. The HFRI Fund Weighted Composite Index gained +1.2 per cent
For the first time in 27 years the SEC has proposed rules to relax some restrictions on short selling. Under
The Senior Managers & Certification Regime that comes into effect today (9 December) is a positive step for the financial services industry – but its failure to include Appointed Representative Firms (ARFs) and their individuals is an oversight, according to
It has been difficult not to notice the publicity surrounding the current extensive Inland Revenue (IR) review of the UK hedge fund industry. Rob Mellor sheds light on the review process. What started as a fact-finding exercise has escalated over
