The Commodity Futures Trading Commission’s division of swap dealer and intermediary oversight (DSIO) has issued a no-action letter to provide relief from registration for various swaps intermediaries until 31 December 2012. Without the delay, certain entities would have to be
Berry Palmer & Lyle (BPL Global), a political risk insurance broker, has opened a Singapore subsidiary, following on from the opening of its Hong Kong branch in early 2011. Berry Palmer & Lyle (BPL Global), a political risk insurance broker,
IMQubator (IMQ) and Hong Kong-based Synergy Fund Management (SFM) – founded by Eliza Lau, former CEO and CIO of SAIL Advisors – have teamed up to source and seed the next generation of Asia-Pacific managers. With a focus on China
This week VAM Funds, the Luxembourg-based specialist fund manager announced it had expanded its Asian team with the appointment of Paul Bamber as sales manager.
Kinetic Partners is now offering a global background checking service to complement its investor led fund, fund manager and service provider operational due diligence (ODD) services. Individuals applicable for background investigation may include a fund manager’s chief executive officer,
Hassans, the Gibraltar based international law firm, is pleased to announce the completion of its 10th fund transaction, raising EUR1.45 billion since July 2011. These fund transactions cover sectors, such as Chinese securities, Online Gaming applications, African Resources, Private Equity/Real
London-based fund of funds manager Coronation International has launched the Prism Fund, an Irish-domiciled dynamically managed multi-asset vehicle, with initial capital of USD15m.
The Securities and Exchange Commission has charged the US investment banking subsidiary of Japan-based Mizuho Financial Group and three former employees with misleading investors in a collateralised debt obligation by using “dummy assets” to inflate the deal’s credit ratings. The
PIMCO has launched the PIMCO GIS Credit Absolute Return Fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark. The PIMCO GIS Credit Absolute Return Fund, which has a “go-anywhere”
Guernsey’s much discussed corporate governance code came into effect at the beginning of the year. Carol Goodwin (pictured) highlights its key principles, asserting that good corporate governance is about board behaviour and not always about the rules. Never has so
