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A team from Guernsey is hosting a seminar next month to show a select London audience the attractions of relocating to the Island.
Representatives from Butterfield Bank, KPMG Channel Islands and Guernsey estate agents Swoffers are holding the event to show the benefits for both individuals and businesses of moving to the Island.
The seminar is titled ‘Guernsey, the right destination for you?’ and takes place from 5pm until 7pm on Monday 6th June at the London offices of Butterfield Private Bank.
Jason Woodhard (pictured), Business Development Manager at Butterfield Bank in Guernsey, says: “The aim of this seminar is
Eurex is to launch its new access point in Hong Kong in June offering Eurex member firms direct, high-speed and cost-effective network access to Eurex’s highly liquid trading platform. This will be the second Eurex access point in Asia. Currently, Eurex has five members based in Hong Kong – the newest member is Nanhua Futures (Hong Kong) Co Ltd, which joined as a trading participant in April 2011.
Michael Peters (pictured), member of the Eurex Executive Board, says: “We are pleased to offer our customers a high-performance connection to our exchange in this fast-growing region. The launch of our new
SimCorp has released a guide for investment managers to global compliance and regulations standards. With the imposition of new and updated standards such as IFRS9, Solvency II, UCITS IV and AIFMD proceeding in Europe, along with the Dodd-Frank Act in the USA, firms must ensure they are fully prepared for regulatory changes and new mandates governing the industry.
Organisations must adapt and prepare their investment management systems for an evolving new regulatory playing field. In fact, many view increased regulation as the primary barrier to growth going forward.
In an attempt to alleviate the financial institutions’ struggle to overview
Advent Software has unveiled a major new release of Geneva, its award-winning global portfolio management and fund accounting solution. With the 8.5 enhancements, Geneva is one of the only solutions available that provides portfolio through fund and investor-level accounting on a single platform and extends the product’s portfolio management functionality into the front- and middle-office, making it a compelling offer for alternative investment firms worldwide.
Geneva 8.5 includes integrated solutions that meet the needs of new market segments, including family offices, private equity firms and fund-of-funds, and are available on a single platform to help simplify operations and reduce total
Man Group plc (“Man”) has doubled the number of staff it employs in Hong Kong in its AHL division – Man’s industry-leading quantitative managed futures manager – making it one of the first and largest CTAs to create a standalone trading operation in the city.
A newly added operations team will give AHL faster local support for trading and enable further specialisation in Asian markets. With its expanded team of 11 staff (from five), the new trading operation in Hong Kong covers 49 Asian markets, trading around USD4 billion a day.
Man has been in Asia for over
Strong performance in the last week of March, coupled with an adjustment to the GLG acquisition balance sheet, helped Man Group record statutory profit before tax from continuing operations of USD324 million (2010: USD541 million) for the year ended 31 March 2011, ahead of the pre-close estimate of USD280 million, according to the company’s latest results.
Adjusted profit before tax from continuing operations was USD599 million (2010: USD560 million) in the same period, whiled diluted statutory EPS from continuing operations was 14.0 cents per share (2010: 24.8 cents per share); adjusted EPS of 27.6 cents per share (2010: 25.5 cents
USD100million: that’s the AUM target for Singapore-based RSR Capital, whose volatility hedge fund Caerus Arbitrage Asia launched last August
Yet another overseas fund manager has been drawn to Singapore.
Morgan Stanley prime brokers are busy helping negotiate opportunities for i
Everyone knows what a jungle the financial markets are.
