HSBC Global Asset Management this week launched the latest in its range of Global Investment Funds – HSBC GIF Frontier Markets Fund.
Securities and Exchange Commission Chairman Mary L Schapiro and senior SEC staff met today with the UK Financial Services Authority’s (FSA) chief executive Hector Sants (pictured) and its managing director of the conduct business unit Martin Wheatley as part of
FIX Protocol Limited (FPL), has appointed Justin Stephan, Director of Trading Applications at Wellington Management Company, as the new Co-Chair of the FPL Global Steering Committee, the group responsible for driving FPL’s strategy worldwide. Greg Wood meanwhile, Vice President of
Billionaire hedge fund manager Steve Cohen’s SAC Capital has agreed to plead guilty to criminal insider trading charges and pay a USD1.8bn fine, according to a statement released by US federal prosecutors. SAC’s investment advisory business will close as a
PerTrac, a provider of analytics, reporting and communications software for investment professionals, has released RiskPlus 2.0, an upgrade to its award-winning application for managing portfolio risk. Built in partnership with FinAnalytica, the leading provider of multi-asset class predictive performance analytics
BNP Paribas Securities Services announced this week news that it had won a new mandate from Duemme International Luxembourg, the asset management arm of Banca
Sciens Fund of Funds Management Holdings, part of the Sciens Capital Management Group and provider of single- and multi-strategy funds of hedge funds and managed account services, has appointed Tim Wilkinson as President of Sciens Fund of Funds Management Holdings.
CTA/Managed Futures was the only Ucits strategy to deliver positive returns in Q3 wrote Alix Capital this week in its latest report on alternative Ucits, returning +1.60 per cent to investors.
The Securities and Exchange Commission has charged a San Diego-based investment advisory firm and its president with fraud for failing to disclose a conflict of interest to clients and materially misrepresenting the liquidity of a hedge fund they managed. The
The European Securities and Markets Authority (ESMA) on Thursday 13 October released its guidance on cross-border operations between Member States and the role of master/feeder funds.
