Over the last few years the S&P 500 Index has gained approximately 65 per cent, while the Nikkei 225 has gained 113 per cent. The impact of quantitative easing has led to unparalleled growth in equity markets, to such an
BGC Partners and GFI Group have entered into a tender offer support agreement in which GFI's board of directors unanimously agreed to support BGC's tender offer for all of the outstanding shares of GFI common stock at USD6.10 per share
Interview from Lugano, Switzerland’s third financial centre, with Gian Luigi Trucco, Swiss Association of Asset Managers… With revised CISA in place and the introduction of the Swiss legal representative, how do you assess the current climate in the Swiss funds industry? For
Skënderbeg Funds AGmvK has expanded its range of funds with the launch of four traditional single-manager funds in partnership with Your Wealth AG. The four sub-funds were launched on 12 January 2015. With this expansion, total AuM of Skënderbeg Funds
It's crunch time for Greece and the Greek people, says Can Elbi, portfolio manager of the JB Europe Focus Fund at Swiss & Global Asset Management… It is crunch time for Greece and the Greek people. We have entered the
Man Group is to acquire the investment management business of NewSmith, an equity investment manager with USD1.2 billion of funds under management. NewSmith has offices in London and Tokyo and has four portfolio management teams with 15 investment professionals, investing
The Board of Directors of Canadian Derivatives Clearing Corporation (CDCC) has approved the membership application of BBS Securities Inc. BBS will participate on CDCC under broker ID #028. "Our new CDCC membership marks another achievement to the professional status of
ALPS has launched the ALPS Interval Fund Platform, a structure built to support retail closed-end funds and interval funds. The ALPS platform, which combines ALPS’ experience in servicing closed-end funds with DST’s shareholder record-keeping and distribution capabilities in the alternative
Total hedge fund assets increased 0.22% in the first month of 2015 bringing the industry’s total asset under management to USD3.033 trillion based on asset inflows and performance gains. That’s according to eVesment’s latest January 2015 Hedge Fund Asset Flows
Hedge funds were up slightly in January with a gain of 0.03% overall, according to the Barclay Hedge Fund Index compiled by BarclayHedge. “Central banks took centre stage in January’s financial turmoil as the Swiss National Bank unexpectedly abandoned its
