Latest News
Geoffrey F Aronow, former US Securities and Exchange Commission (SEC) general counsel and international affairs chief counsel, has joined the SIdley Austin as a partner in its global securities & derivatives enforcement and regulatory practice.
Aronow (pictured), who previously served as director of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC), will maintain residence in both the firm’s Washington, DC and New York offices. He will focus his practice on advising clients on SEC and CFTC enforcement matters and representing them before various federal agencies including the SEC, CFTC and other federal financial regulatory agencies, as well as
- 22/10/2014
Castle Harbour Securities has appointed Damien Regnier, previously portfolio manager for global convertible bonds at Deutsche Asset & Wealth Management, to co-manage a new global convertible bond fund.
Castle Harbour plans to launch the R&D – Pure Global Convertibles Fund in Q4 2014 and is to seed the fund with EUR200 million.
Regnier managed the Morningstar 5-star rated DWS Invest Convertibles fund, now renamed Deutsche Invest I Convertibles fund, which was in the top two per cent of its Bloomberg peer group for year-to-date performance.
He will adopt the same "pure" non-benchmarked, investment-grade strategy focused on institutional investors
- 22/10/2014
Conifer Financial Services is the latest addition to the partner list of AltX, a cloud-based data analytic network which combines financial analytics with behavioural dimensions.
AltX helps investors and funds discover one another, by creating new ways to view and evaluate investment opportunities and gather better insights.
Conifer, an independent asset services firm, has over 200 clients worldwide, representing more than USD100 billion in combined assets under administration (AUA). The firm has broad experience offering front-to-back capabilities across all asset classes for hedge funds, pensions, endowments, foundations, funds-of-funds, family offices, private equity and venture capital.
Conifer president and
- 22/10/2014
The SS&C GlobeOp Forward Redemption Indicator for October 2014 measured 3.12 per cent, down from 3.25 per cent in September.
“October’s forward redemptions decreased slightly from September, but remain in line with historical averages,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform.
Forward redemptions as a percentage
- 22/10/2014
Gottex Fund Management is on track to launch its first UCITS RQFII China product during the first quarter of 2015, according to the group’s latest trading statement for the quarter ended 30 September 2014.
The product will invest in onshore China A-shares and be managed by the Gottex-VStone office in Shanghai. The company also expects to launch liquid alternatives risk premia products and investment solutions during the next six months.
Gottex launched an Asian hedge fund seeding fund in August with USD310 million of committed capital by the group’s partner HS Group in Hong Kong.
Client assets at
- 22/10/2014
The Securities and Exchange Commission (SEC) has named Marc Wyatt as deputy director of the agency's Office of Compliance Inspections and Examinations (OCIE).
Wyatt joined the SEC in December 2012 as a senior specialised examiner focused on examinations of advisers to hedge funds and private equity funds. He is also the national co-coordinator of OCIE’s Private Fund Specialised Working Group and recently participated in the creation of its Private Fund Examination Unit, whose attorneys, accountants, and examiners specialise in examinations of advisers to private funds.
“During his time here, Marc has demonstrated exceptional drive, judgment, and knowledge of the
- 21/10/2014
The European Energy Exchange (EEX), part of Deutsche Börse Group, will become the majority shareholder of Powernext from 1 January 2015.
EEX will hold 55.8 per cent of the shares in Powernext. The necessary approval of the transaction by the relevant competition authorities has already been given.
“We are looking forward to welcoming Powernext as part of the EEX Group,” says Peter Reitz (pictured), chief executive officer of EEX. “With this step, EEX will strengthen the position of the whole group as the central market place for energy, energy related and commodity products in Europe, thereby also broadening the international
- 21/10/2014
- 21/10/2014
Tim Thornton, managing director, global client delivery, Mitsubishi UFJ Fund Services, comments on news that the FCA is now ready to receive Annex IV reports for the AIFMD…
It is good to see the reporting mechanisms and processes for Annex IV reporting being finalised and rolled out. A big concern for managers has been that rules and implementation are incomplete or behind schedule, so this update should at least allow managers who report to the UK regulators to finalise their reporting solution and data mapping.
When looking at the Annex IV reporting requirements, it is important that managers consider
- 21/10/2014
Deutsche Börse is making an unscheduled adjustment to the free float of Sky Deutschland AG in MDAX.
Due to the takeover of Sky Deutschland AG by British Sky Broadcasting Group PLC, the free float of Sky Deutschland AG changed by more than 10 percentage points.
According to the rules in the Guide to the Equity Indices of the Deutsche Börse, the company’s free float will be decreased from the current 45.17 per cent to 33.12 per cent. The adjustment will become effective on 23 October 2014.
The next regular review of the Deutsche Börse equity indices is scheduled
- 21/10/2014
- 21/10/2014
JTC Group has made an investment in Kensington Trust Group (KTG), enhancing the alliance between the two companies which commenced in early 2013.
With KTG having offices and a prominent presence in Singapore, Hong Kong, Indonesia, Labuan, Kuala Lumpur and New Zealand, the alliance provides JTC with an Asian platform and offers the Asian and Australasian market global access through JTC’s network of offices.
JTC Group head of private client services, Iain Johns, says: “We have been delighted to work closely with KTG for around 18 months now. They are a high quality partner employing some of the most
- 21/10/2014
Special Reports
FeatureD
- Intel
- May 16, 2024
- Intel
- May 15, 2024
- EVENT — NEW YORK
- May 14, 2024
- Intel
- May 14, 2024
- Intel
- May 13, 2024
- Intel
- May 10, 2024
- Intel
- May 9, 2024
- Intel
- May 8, 2024
