Latest News
Bank of America Merrill Lynch this week announced the launch of three new funds on its award-winning MLIS platform.
Paris-based multi-specialist asset manager UFG-LFP has added some flavour to the UCITS space by launching a fund combining wine with real estate reported Citywire Global this week.
International financial law firm Walkers has launched the Insurance Linked Securities (ILS) Group, bringing together the deep expertise within the firm regarding alternative risk transfer arrangements such as catastrophe bonds, reinsurance sidecars and securitisation vehicles.
Walkers’ ILS Group features a group of dedicated, multi-jurisdictional lawyers based in the firm’s Cayman Islands and Dublin offices. The group advises clients on the legal and practical aspects of trading, financing and securitising risk involving Cayman Islands and Irish entities, including cash and synthetic catastrophe bonds, captive insurers, sidecars and life settlement transactions.
The ILS Group leverages on Walkers’ market leading reputation in
Hedge funds posted their largest monthly declines since May 2010 in August, with the HFRI Fund Weighted Composite Index declining by 2.3 per cent, according to data released today by HFR.
With the August losses, year-to-date performance for the broad based composite index now stands at -1.2 per cent. For the month, 29 per cent of all constituents reported positive performance, while 45 per cent of all constituents are positive year-to-date (YTD) through August.
Hedge funds, as well as broader financial markets, were negatively impacted by the combination of continued and accelerating concerns relating to the European sovereign debt
Despite recent market conditions, the current investment environment makes dividend investing attractive for several reasons, says Fabian Degen, fund manager for dividend strategies, DWS Investments…
A relatively high dividend yield compared to bond yields which could attract further capital from bond markets to equity markets.
US companies are sitting on significant amounts of cash on their balance sheets and net cash flows are at a record high which could be a catalyst for further dividend payouts as well as increases in dividends.
The US tax rate on dividends will stay at 15% for the next two years making investors more
The Serious Fraud Office has closed a long running investigation into collapsed hedge fund Weaving Capital, stating that there wasn’t a reasonable prospect of conviction.
Mark Surguy, partner at international law firm Eversheds, believes hedge funds are likely to stay in the SFO spotlight despite the collapse of the case.
It is unlikely that the SFO’s investigations into a hedge fund will be the last that will cross its desk," says Mark Surguy, partner at international law firm Eversheds,. "The “dark art” of the somewhat secretive hedge fund trade generates spectacular profits for its wealthy clients, but at the
International law firm Dechert LLP announced today that David A Vaughan has returned to the firm as a partner in the Financial Services Group. Vaughan left Dechert in March 2009 to join the US Securities and Exchange Commission’s Division of Investment Management, where he served for the last two years as the senior private fund policy adviser on all aspects of legal and regulatory policy related to private funds.
“We are pleased to have David back at Dechert,” says Joseph R Fleming, Co-chair of the firm’s Financial Services Practice Group. “His insight into the SEC will be of great value to
The bloodbath continued for hedge funds in August as they struggled to come to terms with whipsaw markets, driven by investor fear of economic uncertainty in Europe and the US.
According to data from Credit Suisse Group AG’s prime brokerage unit, approximately 80 Asia-focused hedge funds reported average losses of -2 per cent and
Carl Huttenlocher’s eagerly anticipated hedge fund launch in Hong Kong has been delayed because of a regu
