The first RMB Qualified Foreign Institutional Investor A-share exchange-traded fund has been listed on The Stock Exchange of Hong Kong. The first RMB Qualified Foreign Institutional Investor A-share exchange-traded fund has been listed on The Stock Exchange of Hong Kong.
Financial information services company Markit has been selected by members of the Asia Securities Industry and Financial Markets Association (ASIFMA) to provide an online solution to facilitate compliance with Hong Kong’s Securities and Futures Commission’s (SFC) new electronic trading rules.
EEA Fund Management has brought on board Oriel Asset Management duo David Urch and Tim Hall and added their long/short directional UK equity market fund and its long-biased sister strategy to the firm’s product range. The high-conviction, multi-cap UK
The Commodity Futures Trading Commission (CFTC) has issued a Final Order regarding the effective date for swap regulation. On 14 July, 2011, the CFTC granted temporary exemptive relief from certain provisions of the Commodity Exchange Act that otherwise would have
State Street Corporation has agreed to acquire hedge fund administrator Goldman Sachs Administration Services (GSAS) from The Goldman Sachs Group, in a cash transaction with a total purchase price of USD550 million. The deal, which pending regulatory approvals and other
The Alternative Investment Management Association (AIMA), the global hedge fund association, has launched a Middle East initiative. AIMA is seeking to create a network for managers and service providers in the Middle East that can give the local industry a
The existing management team of Larch Lane Advisors, a specialist in early stage hedge fund investing and seeding, is to acquire the business from parent company Old Mutual Asset Management (US). The transaction is expected to close by the end
Odey Asset Management LLP has launched the Odey Investments plc UCITS umbrella, domiciled in Ireland. The Odey Odyssey Fund, managed by Tim Bond and with USD82.3 million of assets, is one of the first UCITS funds to be authorised by
The US Commodity Futures Trading Commission (CFTC) has obtained a federal consent order for permanent injunction against CFTC defendant Jeffrey L Groendyke (doing business as JG Forex Fund) of Middleville, Michigan, requiring him to pay USD963,141 in restitution and a USD420,000 civil monetary
ChineseInvestors.com’s S-1 filing with the Securities and Exchange Commission became effective this past week, securing a USD1.5m financing commitment from Kodiak Capital Group, a Delaware limited liability company. ChineseInvestors.com’s S-1 filing with the Securities and Exchange Commission became effective this
