Last year proved to be hugely successful for the Bermuda Stock Exchange (BSX). From a pure growth perspective, the BSX ended 2016 with a total market capitalisation of USD343.8 billion, up more than 41 per cent on the previous year.
By Fiona Le Poidevin (pictured), CEO, Channel Islands Securities Exchange (CISE) – International developments such as the EU’s Alternative Investment Fund Managers Directive (AIFMD) and the OECD’s Base Erosion and Profit Shifting (BEPS) initiative are placing increased focus on the substance
Hedge fund data provider HFR is at an advanced stage of working with one of the large global derivatives exchanges to develop a new investment product, the HFRI-I futures contract, a contract based on the HFRI-I Fund Weighted Composite Investable
The Warsaw Stock Exchange (GPW) has opened consultations on plans to introduce new sector classifications of listed companies. The existing separate models of sector classification on the regulated and alternative markets will be replaced by a three-tier classification of shares
Man Group, the largest listed hedge fund group in the world, has published interim results to end June 2016 that show that funds under management are down from the end December figure of USD78.7 billion to USD76.4 billion. Net inflows
The Luxembourg Stock Exchange (LuxSE) has listed the first ever Reserved Alternative Investment Fund (RAIF). The new RAIF was brought to market by Finexis and has been listed on the Euro MTF market. RAIFs are a new type of vehicle
Chesapeake Capital has added its diversified strategy to Kettera Strategies’ Hydra marketplace, a global market providing investors with access, notional funding, daily transparency and twice monthly liquidity to established and emerging alternative asset managers. Chesapeake was founded in 1988 by
Pershing Square Holdings (PSH), a closed end fund that is an active investor and owner of large minority stakes in North American, large-capitalisation public companies, has listed on Euronext’s Amsterdam market. PSH was listed through the admission to trading of
Makor Group, a brokerage serving hedge funds and institutional clients from offices in five financial centres, has placed a five-year corporate bond listed on the Frankfurt Stock Exchange. The financing will underpin further expansion for Makor, following its recent acquisition
The Chicago Board Options Exchange (CBOE) and C2 Options Exchange plan to list options on Alibaba Group on 29 September. The plan is contingent on Alibaba meeting new options listing criteria. Alibaba, founded in 1999, is the largest online
