The Central Bank of Ireland is to initiate a consultation on the Irish regulatory regime for non-Ucits funds. The consultation will outline the changes to be introduced in connection with the implementation of the Alternative Investment Fund Managers Directive (AIFMD)
Carey Olsen has advised on the sale of FRM Holdings (Financial Risk Management) to Man Group by way of a Jersey scheme of arrangement. FRM is one of the largest and hedge fund research and investment specialists with a global
AlphaMetrix and Decision Analytics have come to an agreement regarding the initial Next Generation single manager product range. The final manager and strategy selection criteria involve a number of factors with the prime focus on the quality and performance of
The development of the UCITS framework and this year’s introduction of UCITS IV, which came into effect on July 1, will serve to enhance Luxembourg’s position as Europe’s largest
The latest statistics released by the Malta Financial Services Authority show that the number of funds domiciled in Malta have continued to register steady growth. In fact, over the first six months of 2012, the industry has registered a four
MarketAxess Holdings has agreed to acquire Xtrakter Limited, a provider of regulatory transaction reporting, financial market data and trade matching services to the European securities markets for GBP26 million. Xtrakter is a wholly owned subsidiary of Euroclear SA/NV. Rick McVey,
TT International, one of Europe’s oldest hedge fund management companies, has teamed up with Deutsche Bank to launch the UCITS-compliant DB Platinum TT International Fund. The fund is managed by Tim Tacchi, who founded the firm way back in 1988.
Franklin Resources, which operates as Franklin Templeton Investments, has completed the acquisition of a majority stake in fund of hedge funds manager K2 Advisors Holdings LLC. The proceeds of this transaction by Franklin Templeton will be used by K2 to
Investcorp, a provider and manager of alternative investment products, is to acquire Scandinavia’s luxury retailer Georg Jensen for USD140m from private equity group Axcel Capital Partners. As part of this transaction, Investcorp has teamed up with David Chu, the luxury
Maitland, a provider of fund administration, multi-jurisdictional legal, tax, fiduciary and investment advisory services, has acquired Admiral Administration. Admiral is a hedge fund administrator with offices in the Cayman Islands; Dublin, Ireland; Halifax, Nova Scotia; and Richmond, Virginia. It combines
