On 7 October the Russian delegation led by President Medvedev signed with their respective Cyprus counterparts a protocol to the Russia-Cyprus double tax treaty. The protocol amends the existing treaty which entered into force on 1 January 1998. According
Law firm Lackey Hershman has obtained a USD21.5m jury verdict in favour of its client, Highland Capital Management, and against RBC Capital Markets, which is part of the Royal Bank of Canada (RBC). The verdict, which was rendered in the
The London-based hedge fund industry body, the Alternative Investment Management Association, has issued updated guidance to its members on how to implement an internal capital adequacy as
David Gorton and Brevan Howard have formed a joint venture, DG Systematic Trading, to pursue systematic trading strategies. Gorton is the chief investment officer of the new venture with responsibility for the management and development of trading strategies based upon
Funds managed by QVT Financial have filed a lawsuit against Eurohypo and two of its Delaware subsidiaries. Funds managed by QVT Financial have filed a lawsuit against Eurohypo and two of its Delaware subsidiaries. Eurohypo is wholly owned by the
UCITS delivered positive returns to investors for the third consecutive month in September.
Four new members including a new chairman have been elected to the Exchange Council of Eurex Deutschland this week. The four new members are: Helmut Oliver, member of the Executive Board of
The Court of Appeal of the Eastern Caribbean Supreme Court on 11 March handed down an important ruling on the question of where investors stand in the “waterfall” of distributions in the liquidation of investment funds under British Virgin Islands
HSBC Global Asset Management has announced it intends to launch a 200 per cent levered UCITS version of its EUR623 millio
