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Societe Generale Securities Services (SGSS) is to provide EQI Asset Management with fund administration, financial reporting, transfer agency, taxation, custody and trustee services.
SGSS Ireland was chosen for its expertise in alternative investment funds and its experience of working with prime brokers, as well as for its ability to work closely with clients in order to provide services tailored to their specific needs. This includes accompanying them in the process to become AIFMD-compliant.
SGSS in Ireland provides a full range of administration, trustee and custody services to a well- established international client base of UCITS and non-UCITS mutual
MSCI has launched the MSCI Hong Kong Mandatory Provident Fund (MPF) Indices, which reflect the current investment restrictions imposed on MPF funds by the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA), including the minimum 30 per cent Hong Kong Dollar exposure requirement.
“Since their inception in 2000, the Hong Kong MPF schemes have grown in size and complexity, so it is not surprising that many participating firms are keen to see more innovation in the provision of relevant MPF indices,” says Theodore Niggli, managing director and head of the MSCI index business in Asia Pacific. “In addition to
The Hedge Fund Association and Agecroft Partners have teamed up to present the Hedgeopolis New York Conference on 4 November, 2013.
Attendees at this full-day gathering of decision makers from leading pension funds, endowments, foundations, funds of hedge funds and family offices will enjoy five hours of networking including breakfast, lunch, breaks, and a two-hour cocktail reception.
Don’t miss your chance to connect to and learn from dozens of prominent hedge fund investors, register today.
Aquis Exchange, the proposed pan-European equities trading exchange, has appointed three non-executive directors to its board of directors.
Adam Maciejewski, chief executive of Warsaw Stock Exchange (WSE), Pawel Czupryna, senior WSE advisor, and Peregrine Holdings’ founder Sean Melnick have joined the board as shareholder representatives.
In addition to heading up WSE, Maciejewski is the chairman of the supervisory boards of the Polish Power Exchange and BondSpot (a fixed income market operated by WSE). Outside of business, he is involved in a number of educational activities: he is chairman of the Programme Council of the Academy of Capital Markets
The next 12 to 18 months will be pivotal for the long-term trends in the implementation of the Alternative Investment Fund Managers Directive (AIFMD), says Fiona Le Poidevin, Chief Executive of Guernsey Finance…
22 July 2013 was the ‘deadline’ for the European Union (EU) and the European Economic Area (EEA) Member States to transpose the Alternative Investment Fund Managers Directive (AIFMD) into national law.
A survey from the Alternative Investment Managers Association (AIMA) and EY published soon afterwards showed that 12 out of 31 countries had completed full legislative transposition within the deadline. However, AIFMD does allow Member States some
Universal-Investment and London based fund manager Stratton Street are launching the Stratton Street UCITS Renminbi Bond Fund UI.
This new UCITS fund follows the strategy of the Renminbi Bond Fund managed since 2007 by Stratton Street. The original strategy was set up before the offshore CNH or “dim sum” bond market, and has not yet invested in those bonds as they are illiquid and expensive. Instead at present the fund invests in high quality investment grade Asian bonds and uses currency hedges to gain renminbi exposure.
The original fund has had positive returns every year since launch, and
Polina Kurdyavko (pictured), Partner and Senior Portfolio Manager at BlueBay Asset Management, on the changing dynamics of emerging markets and where opportunities can be found in EM corporates…
While emerging market dynamics are changing and are not as universally positive as they have been, we believe valuations have meaningfully corrected over the last few months and are starting to offer interesting entry points. However, credit selection and endogenous emerging market specific considerations are increasingly important differentiating factors.
The traditional emerging market growth model has changed. Easy growth driven by rising prices of commodity exports to supply China’s low-cost production
Loeb King Capital Management has launched a multi-strategy mutual fund that will employ a range of hedge fund and alternative strategies.
The Loeb King Alternative Strategies Fund will seek to generate positive absolute returns and income with lower volatility than the global capital markets and other traditional investment strategies. The fund will pursue event-driven alternative investment strategies that have historically been associated with hedge funds.
"We are excited to expand our product base. This vehicle allows us to bring our longstanding expertise in alternative investing to the mutual fund space in an authentic and transparent fashion," says Gideon
The share buyback through a put options programme launched on 13 September 2013 by ALTIN AG has been successful, with 4,234,520 options out of the 4,247,319 issued now exercised.
This represents 99.7 per cent of the total put options issued and corresponds to 423,452 shares, or 9.97 per cent of the share capital, very near the target level of 10 per cent set by the board of directors.
Tendered shares will be cancelled after approval by the AGM 2014 and the capital will thus be reduced by 9.97 per cent.
The share buyback has proven effective in
Funds experts will examine Guernsey’s approach to the EU’s Alternative Investment Fund Managers Directive (AIFMD) at an event in London this November.
With uncertainty still surrounding aspects of the Directive, panellists from the UK and Guernsey will look at what the Island’s dual regime means in practice for advisers and clients, particularly in relation to the most appropriate route to market.
The event, AIFMD: Practical aspects of implementation, is being held on the afternoon of 5 November at the recently refurbished Rosewood London.
Fiona Le Poidevin (pictured), chief executive of Guernsey Finance, the promotional agency for the island’s
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