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By Derbhil O’Riordan, Dillon Eustace – Consistently heralded by industry as a flexible and efficient place to do business, Ireland is Europe’s leading onshore jurisdiction for the establishment of private equity structures.
By Kieran Fox, Irish Funds – We are all well aware of the human and public health cost which Covid-19 has had since March of this year when its impact reverberated around the globe. Although general consensus is that we still have some way to go until there is a vaccine or other resolution to the pandemic, central banks and regulators are now beginning to look into the effect the crisis had on capital markets during the early days of its impact and seeking to learn lessons from this.
The Irish funds industry may have some catching up to do in the private funds space, but as the government gears up to introduce a refreshed Investment Limited Partnerships Act, the jurisdiction is expected to see an influx of managers from the UK, the US and further afield choosing to set up their private funds in Ireland.
Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers, has reported strong growth throughout 2020 as well as several key company investments. Drawbridge has continued to invest in its people, technology and customers throughout the year, working closely with clients to help them ensure security, continuity and safety during the unprecedented times that have resulted from Covid-19.
2020 saw Drawbridge add even more tested industry talent to its experience global team. The company significantly expanded its global reach with the opening of its London headquarters and the appointment of Simon
The Standards Board for Alternative Investments (SBAI) has released its newest Toolbox memo on Cash Handling and Cyber Security. Read the full story at Institutional Asset Manager…
Transaction Network Services (TNS) has installed its ultra-low latency TNSXpress Layer 1 solution at the London Stock Exchange (LSE) colocation facility.This development means that LSE traders can now leverage speeds of between 5-85 nanoseconds thanks to the unique single hop architecture that the TNSXpress Layer 1 solution uses. This infrastructure is up to 10 times faster than traditional Layer 3 architectures.
The TNSXpress Layer 1 solution combines with TNS’ Managed Hosting service to enable LSE traders to take advantage of the full range of colocation benefits available at the LSE data center. In addition, TNS has become a registered
Managed futures strategies slumped to their worst month of the year in September, with trend-following hedge funds caught out by sharp reversals in momentum across several markets and asset classes.
CTAs, which aim to profit from various trends across equities, commodities, currencies and fixed income through futures and derivatives trading, were hit by the sudden retreat from record stock market highs and US dollar weakness last month, Société Générale said on Tuesday.
Following a mixed first half of the year, the sector had started to gather pace over the summer, with July proving their best month so far. But September’s
Fintech company, Gold-i has partnered with Aqua Digital Rising, a new alternative asset investment platform that allows people to invest in indices based on human beings.Gold-i is integrating Aqua Digital Rising into its Matrix multi-asset liquidity management platform, enabling brokers to diversify by adding a new asset class, human beings, which can be traded as CFDs. Aqua Digital Rising is on track to launch in January 2021, offering the opportunity to trade on the success of individuals, from sports people and celebrities through to social media influencers and politicians.
Tom Higgins, CEO, Gold-i, says: “I have always been motivated
The hedge fund industry has welcomed a decision by the European Union to remove the Cayman Islands – a major offshore domicile for the global hedge fund industry – from a tax haven blacklist.
The Alternative Investment Management Association, the hedge fund industry’s global trade body, said the move was “good news” for the international alternative asset management community.
In February, the Economic and Financial Affairs Council (ECOFIN) – which comprises the 27 EU member states’ finance and economics ministers – agreed to add Cayman to an EU list of ‘non-cooperative’ tax jurisdictions.
The decision was made despite Cayman being
Hedge fund short sellers have rebounded with a GBP418 million (USD542.6 million) gain from negative bets against FTSE 100-listed companies – just a month after losing almost the same amount from wayward shorts in UK blue-chip stocks.
