The Dubai Financial Services Authority (DFSA) has issued its Hedge Fund Code of Practice, the first of its kind to be issued by a regulator. David Knott, Chief Executive of the DFSA, says, ‘While there are a number of industry-based
The Cayman Islands have passed the milestone of 10,000 investment funds registered in the jurisdiction, with 10,037 funds recorded by the financial industry regulator, the Cayman Islands M
Brevan Howard, one of London’s biggest hedge fund managers, is reportedly considering a relocation of its headquarters abroad.
MJ Hudson and MW Cornish & Co have merged their respective private equity and hedge funds practices with immediate effect. The merged firm, known as MJ Hudson, will be committed to providing a specialist legal service to the global alternative
Dechert’s Declan O’Sullivan and Conor Durkin outline recent changes in revenue practice under which Irish funds may obtain an exemption from the Irish Revenue Commissioners making it easier for investors to subscribe for shares/units in an Irish fund. Background While
The US Commodity Futures Trading Commission (CFTC) has issued an order filing and settling charges that Daniel Shak of Las Vegas, Nevada and SHK Management attempted to manipulate crude oil futures contracts. The contracts in question were Light Sweet Crude
Luxembourg continues to see net inflows of capital and is now the world’s second largest fund centre with, as of August 2018, EUR4.3 trillion worth of net assets under management, and this only in regulated funds, according to the Association
The decision by the FSA to fine David Einhorn and his firm, Greenlight Capital, GBP7.2 million demonstrates the FSA’s commitment to stamping out market abuse, says Gregory Brandma
