Financial advisors and investors are set to benefit from new Category Definitions for Alternative Funds implemented by the Canadian Investment Funds Standards Committee (CIFSC). They replace the single blanket ‘Alternative Strategies’ category, which applied to all alternative funds irrespective of
The Grand Court of the Cayman Islands last week handed down judgment in the closely followed case of Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Limited, says Peter Cockhill and Rachael Reynolds of Ogier. Medley
Two private-sector committees established by the President’s Working Group on Financial Markets have issued separate but complementary sets of best practice for hedge fund investors and as
When making investment allocations, eight out of 10 pension funds would favour a hedge fund manager that complied with the best practice standards recently outlined by the Hedge Fund Worki
By Ashley Le Feuvre, Senior Manager Funds/SPV Group, Volaw Trust & Corporate Services Limited – Jersey is an international finance centre for a range of financial services including fund administration. Businesses are attracted to Jersey by the Island’s stable government,
Mourant du Feu & Jeune has become the first law firm to establish unregulated funds in Jersey under the new regime introduced last month, taking advantage of the provision that exempts
The European Securities and Markets Authority has published two final sets of guidelines aimed at enhancing the protection of investors in the EU. The guidelines relate to the provisions under the Markets in Financial Instruments Directive relating to the suitability
The Securities and Exchange Commission has filed a civil action in the US District Court for the Southern District of New York alleging late trading fraud against London-based hedge fund m
Jersey-based legal and financial services group Mourant has expanded its international finance administration division into Asia with the opening of new offices in Hong Kong and Singapore.
At the Hedge Fund Roundtable of Global Thought Leaders organised by French business school Edhec in London on November 20, Paul Atkins, a commissioner at the US Securities and Exchange Com
