Emerging market long/short equity specialist, Finisterre Capital, this week announced the launch of the Finisterre Equity Fund, a
Japan’s Nikko Asset Management has chosen InfraHedge, a managed account platform and a subsidiary of State Street, for the launch of its Multi Manager Investment Trust, a regulated investment product that will invest in managed futures and global macro strategies.
The Financial Services Agency has announced that as of 31 October Chi-X Japan, a wholly owned subsidiary of alternative trading venue operator Chi-X Global, will be designated as a proprietary trading system (PTS) on which transactions are exempt from the
The shipping sector is looking to new sources of finance in place of bank funding, according to survey by international legal practice Norton Rose Group. While 43% of respondents said that they expect their primary source of funding will continue
The Monetary Authority of Singapore (MAS) has implemented an enhanced regulatory regime for fund management companies (FMCs). Amendments have been made to the Securities and Futures (Licensing and Conduct of Business) Regulations, Securities and Futures (Financial and Margin Requirements) Regulations
Hedge funds investing in Japan/developed Asian markets quickly shifted to defensive positioning in Q2 2012, protecting investor capital as Japanese equities plunged over 10 per cent in the period, according to the latest HFR Asian Hedge Fund Industry Report. The
Nikko Asset Management has appointed Geoffrey Post (pictured) as Head of International Product Developme
Sydney-based Ascalon Capital Managers, part of Westpac’s BT Group, has acquired a 30 per cent equity stake in Singapore hedge fund Canning Park C
Daiwa Securities Group has signed a sale and purchase agreement to transfer its global asset services division to Sumitomo Mitsui Trust Bank. The global asset services division comprises Daiwa’s fund administration/ Ucits management company, custodian, trustee and authorised corporate director
In a continuing sign that Asian hedge funds are ramping up their operational infrastructures, Dymon Asia Capital (Singapore) Pte, Asia’s best performing hedge fund in 2011, has hired David Chan as CEO reported Bloomberg this week. Chan, a former head
