Fund managers believe the European Commission’s Alternative Investment Fund Managers Directive will lead to fewer non-EU fund managers operating in Europe resulting in a less competitive market, according to research from Deloitte. More than two-thirds (68 per cent) believe that
The Northern District of California has entered an emergency order freezing the assets of defendants Victor Yu of San Jose, California, and his company VFRS based in Alameda, California. The court’s order also prohibits the destruction or alteration of books
Hedgeweek reported last week how well Hugh Hendry’s China Short fund had performed this year, returning over 50 per cent to investors by buying CDS of Japa
Insurers and investors should prioritise investing in assets with little or no correlation to financial markets given the uncertain future for the global economy, according to PDL International, a provider of investment services to institutional and high net worth clients.
AlphaMetrix, a secure online marketplace for private investments, has added 18 full-time employees in its Columbus, Ohio office. The new employees all have information technology experience and will supplement the technology team based in AlphaMetrix’ Chicago headquarters. This initiative, the
MSCI has launched the MSCI Hong Kong Mandatory Provident Fund (MPF) Indices, which reflect the current investment restrictions imposed on MPF funds by the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA), including the minimum 30 per cent Hong Kong
Etops, a provider of middle office outsourcing and consultancy solutions, is expanding its business activities to Geneva. Arnold de Christen will be taking over the management of the newly established branch and customer care for clients in French-speaking Europe. At
The US Commodity Futures Trading Commission has obtained a federal court order requiring defendant Michael Justin Hoopes of Rexburg, Idaho, to pay more than USD10.4m in restitution and a civil monetary penalty of over USD1.4m for operating a Ponzi scheme
SAIF Partners, one of China’s biggest domestic private equity firms with around USD4billion in assets under management, plans to launch a Greater China hedge fund reported Reuters this week. This would make it the first Chinese PE firm to move
Amundi has extended its range of volatility funds with the launch of Amundi Funds Absolute Volatility Arbitrage Plus. This Ucits IV-compliant sub-fund of the Luxembourg SICAV Amundi Funds offers investors an original solution, providing diversification and decorrelation compared to other
