Advent Software, a provider of software and services for the investment management industry, has launched the latest version of Geneva, its portfolio management and fund accounting solution. Version 8.0 introduces middle office functionality, integration to counterparties and data providers, and
KPMG, the US audit, tax and advisory firm, is adding several new hires to its alternative investment funds (AIF) practice’s national team in Los Angeles and San Francisco. The practice is also making additional moves to boost experience and expertise
Asian ex-Japan hedge funds returned an estimated 1.28 per cent in November according to Eurekahedge, to leave in a reasonably satisfying position of +7.49 per cent YTD. What a sharp contrast to the same period last year, which saw losses
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.33 per cent in November as six of the seven index component strategies reported positive results for the month. Emerging markets (1.29 per cent) was the best perfumer while
The National Futures Association (NFA) has permanently barred Strategic Trading Associates, a New York-based commodity trading adviser, and temporarily barred Francis Littleton, a principal and associated person of the firm. The action is a result of an NFA complaint filed
Law firm Fried, Frank, Harris, Shriver & Jacobson has hired derivatives lawyer Robert McLaughlin as a partner in its asset management and financial services practices. McLaughlin, whose clients include investment and commercial banks, investment management firms, individual investors, corporations and
Vistra, a global trust, fund administration and corporate services provider, has appointed Anita Yu as Regional Compliance Director – North Asia, effective immediately. Anita will be responsible for the strategic direction and implementation of Vistra’s compliance strategy in the region,
Alternative UCITS funds returned 0.32 per cent in November according to Geneva-based Alix Capital, provider of the UCITS Alternative Index Global. That takes YTD returns to 1.13 per cent. All but three strategies made positive gains last month. The best
The Isle of Man Government has confirmed that it will be adopting tax information sharing arrangements with the UK which will follow closely the FATCA intergovernmental agreement currently being negotiated with the US. Chief Minister Allan Bell (pictured) says: “The
Cadwalader, Wickersham & Taft, a counsellor to global financial institutions and corporations, has named associates Nathan M Bull, Sophie K Cuthbertson, Douglas J Donahue, Brian Foster, Ellen Halstead and Jeffrey Nagle to special counsel. W Christopher White (pictured), chairman of
