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Jonathan Heaney (pictured), a partner with international law firm Walkers in Jersey, says the collaboration and flexibility available in the island hold the key to attracting private investment structures to capitalise on one of the few investment areas consistently to deliver capital growth and steady income in recent years.
Higher education in the UK has become synonymous with spiralling costs in recent years. Few if any participants in the debates on the levying of tuition fees, the cutting of non-repayable maintenance grants and the appropriateness or otherwise of calling student loans ‘debts’ would claim that higher education is likely to
The US Commodity Futures Trading Commission has filed a civil complaint charging Intrade The Prediction Market and Trade Exchange Network (TEN), based in Dublin, Ireland, with offering commodity option contracts to US customers for trading, as well as soliciting, accepting and confirming the execution of orders from US customers, all in violation of the CFTC’s ban on off-exchange options trading.
The CFTC’s complaint also charges Intrade and TEN with making false statements concerning their options trading website in documents filed with the CFTC, and charges TEN with violating a 2005 CFTC cease and desist order.
Intrade and TEN jointly
Alternative investment manager CarVal Investors has selected Northern Trust Hedge Fund Services to provide middle office and fund administration services for the firm’s global portfolios.
The agreement provides CarVal Investors with a unified operations and technology platform to support investment teams and strategies on four continents worldwide.
CarVal Investors conducted a competitive process with extensive due diligence before selecting Northern Trust Hedge Fund Services as its first external fund administrator.
"As CarVal continues to grow its global franchise, this relationship allows us to scale our operations while controlling costs and maintaining focus on our value investment discipline," says Peter Vorbrich
Interactive Data, a provider of managed ultra-low latency infrastructure and market data services designed to facilitate electronic trading, has launched a new version of the Interactive Data RMDS Feed Handler, capable of delivering a lower latency consolidated data feed at a reduced total cost of ownership.
The RMDS Feed Handler is designed to offer Interactive Data’s Consolidated Feed across a customer’s entire market data platform infrastructure, powering multiple applications without a laborious re-engineering effort.
The Interactive Data RMDS Feed Handler presents data to applications using the same data models they were originally designed to utilise. This approach enables applications
Coeli has launched its second programme on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.
Coeli Spektrum manages USD110m with an annualised return over the last 36 months of 13.6 per cent net of fees.
The launch of the Spektrum programme on dbSelect allows investors to gain access to a systematic CTA managed future programme with fully proprietary models creating low correlation to peers in the CTA space.
The programme can be characterised as medium term with an average trade length of approximately three weeks. The programme uses proprietary pattern recognition trend following models designed to capture longer
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As conventional managers continue to enter the alternatives space, servicing new product lines provides difficult operational challenges for fund managers, according to Sylvain Privat (pictured), Senior Product Manager, Misys…
“When it comes to servicing alternatives products, the requirements for increased transparency, better risk management and regulatory compliance add an unwanted administrative burden for investment management companies,” says Sylvain Privat, Senior Product Manager, of Misys. “Combine that with an asset mix that typically includes OTC and listed derivatives, equities, FX and fixed income across the wider business and the challenge becomes even more
As conventional managers continue to enter the alternatives space, servicing new product lines provides difficult operational challenges for fund managers, according to Sylvain Privat (pictured), Senior Product Manager, Misys…
“When it comes to servicing alternatives products, the requirements for increased transparency, better risk management and regulatory compliance add an unwanted administrative burden for investment management companies,” says Sylvain Privat, Senior Product Manager, of Misys. “Combine that with an asset mix that typically includes OTC and listed derivatives, equities, FX and fixed income across the wider business and the challenge becomes even more complex to tackle.”
Ever since the
Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses aspects of the forthcoming Autumn Statement, due on 5 December…
It is universally expected that the accompanying economic growth forecasts by the Office for Budget Responsibility will be significantly downgraded as growth has disappointed since the March Budget. Reflecting the weaker economic performance, the public finances are deteriorating, which has implications for both of the Chancellor’s fiscal rules. Concerning the Fiscal Mandate it is likely that the balancing of the cyclically-adjusted current budget will be achieved in FY2017 rather than in FY2016. But Mandate will still be “met”. The Supplementary
As part of a major repositioning, currency asset and liability manager The ECU Group has appointed a number of senior executive and non executive directors, who have also become significant investors in the company.
ECU plans to build upon the success of its 24-year flagship multi-currency liability management programme to include both passive and active currency overlay services.
In addition, ECU has plans to diversify into additional areas that complement the expertise of the management and investment team: global macro advisory, multi-manager selection and asset allocation services.
Antony John, previously chief executive of multi-asset manager BNP Paribas FundQuest, becomes
Mayfair-based Murano Systems is planning to open an office in New York in the spring of 2013.
This will be the boutique company’s second office and will offer the same asset-raising services as the company’s existing London operation.
Murano’s way of streamlining the asset raising process caters to both investors and funds. The core business is identifying investors who are potentially interested in the specific characteristics their fund clients have on offer.
The firm works with funds, funds of funds and private equity houses of all sizes to help them find and identify investors.
Murano’s team of analysts call investors
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