Steep performance losses and record investor capital redemptions reduced the size of the hedge fund industry by USD210bn in the third quarter, the largest three-month decline in assets sin
Baanx.com, an emerging Cryptobank network focused on offering fiat and crypto mobile banking services for the blockchain era, has agreed a USD2 million investment deal with LDJ Cayman Fund as part of its current Token Pre-Sale for qualified, accredited institutions
European Commodity Clearing (ECC) is to offer reporting of transaction data – so-called trade reporting – in the framework of the European Market Infrastructure Regulation (EMIR). According to Article 9 of EMIR, all market participants are obliged to forward transaction
SGAM Alternative Investments is on target to reach USD 7 billion in hedge fund assets under management this year, an increase of 70 per cent. Arié Assayag, Global H
The world’s financial institutions will face more securities write-downs combined with rising loan losses in the second half, according to a new report from Standard & Poor’s Ratings S
New York-based alternative investment manager Millennium Management has recruited Michael Gelband, formerly global head of capital markets at Lehma
BlueBay Asset Management, a specialist manager of fixed income and alternative investments, has appointed Staffan Kampe as director of sales Nordics. Kampe joins BlueBay from Lyxor Asset Management where he was head of institutional sales Nordic region. Prior to this
The Chicago Mercantile Exchange is launching an incentive programme for commodity trading advisors and hedge funds that are active in FX markets. The nine-month reduced pricing incentive pro
Sticks and stones may break their bones but banning will never hurt them.
According to a recent risk alert issued by the SEC, investment advisers continue to show deficiencies when it comes to best execution of client securities transactions. The alert, issued by the Office of Compliance Inspections and Examinations of the SEC,
