Kuwait-based bank Warba Bank (Warba) has appointed investment consultant MJ Hudson Allenbridge to advise on the building out of its investment strategy and portfolio, including manager selection and integrated legal and investment due diligence. MJ Hudson Allenbridge will be working
A total of 20 market makers have signed on to provide liquidity when trading commences in FX futures on 23 September 2005, on Eurex US. An additional eight firms ha
Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at EUR131.6 billion in September – an increase by 26.7 per cent year-on-year (September 2010: EUR103.8 billion). Of the EUR131.6 billion, EUR126.1 billion were attributable to Xetra (+28
Insparo Asset Management has appointed emerging markets veteran Graham Stock as chief strategist. Stock will join the core management team, led by chief investment officer Mohammed Hanif, which will be responsible for plotting the firm’s investment direction as it enters
In the first of two articles, Grant Stein (pictured), global managing partner of international law firm Walkers, argues that contrary to popular stereotypes, the Cayman Islands are not only fully committed to tax transparency and information-sharing but are actively involved
A London-based company has unveiled a new web-based marketing compliance tool that it says is aiming to transform marketing compliance for the alternative investment fund management (AIFM) industry. Sales Road Maps Online (SRMO) provides AIFMs with key marketing compliance “rules
The board of the Association of Investment Companies has elected Sarah Bates to be the new chairman succeeding Carol Ferguson. Bates will take up her new role from 24 January 2011 following the completion of Ferguson’s three years in office.
Carne Global Financial Services has added to its team of independent directors in Luxembourg with the appointment of Thomas Nummer as Managing Director. Nummer joined Carne last month from Allianz Global Investors Luxembourg SA, where he was Chief Risk Officer
Regulatory technology firm Kaizen Reporting is launching a training service led by the company’s new Senior Regulatory Reporting Specialist, David Nowell. The training will initially focus on MiFIR transaction reporting before expanding to include EMIR trade reporting and the upcoming
The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action in the US District Court for the Central District of California, charging Michael J Leighton of Torrance, California, with solicitation fraud and issuing false statements in connection with the operation
