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Blackrock Alternative Investors espoused the virtues of alternative investments and the diversifying role they can play in institutional client portfolios in a May 25 presentation entitled: The role of alternatives in institutional client portfolios.
The three speakers included: Matthew Botein (pictured), MD and head of Blackrock Alternative Investors; Marcus Sperber, who heads up Blackrock’s international real estate business, and Ken Kroner, head of Global Market Strategies Group (GMSG).
Botein began by presenting the current market challenges being faced by investors and how alternatives can address them. With ever-declining bond yields and reflated asset prices, the opportunities that existed for pension
London-based Merchant Capital, the asset management division of Merchant House Group Plc, has announced this week an ongoing advisory relationship with <
The US Commodity Futures Trading Commission (CFTC) has obtained a federal default judgment order requiring defendant Richard D.Theye of Austin, Texas, to pay more than USD6.2 million in restitution and civil monetary penalties for operating a commodity pool Ponzi scheme.
The order stems from a CFTC complaint filed on 1 June, 2010, that charged Theye and his company, Micind Capital Management, Inc, with fraud in connection with running a multi-million dollar Ponzi scheme .
The order, entered by US District Judge Sam Sparks of the US District Court for the Western District of Texas, requires Theye to pay restitution of
GLG Partners, now a subsidiary of Man Group Plc, announced this week it had launched a new UCITS III-complian
HSBC Global Asset Management this week became the first firm to launch a CIVETS fund.
As institutional investors increasingly look for sources of alpha outside of traditional asset classes, the benefits of alternative investments are coming to the fore, according to BlackRock.
Interest rates are currently low but investors are concerned about the potential for them to rise in the medium term. Many pension schemes are significantly underfunded and need to compound returns at or above funding levels in order to regain lost ground. As a result, institutional investors are looking for yield and diversification to protect themselves against rising rates and inflation. Liquidity and transparency are important factors in deciding which strategies to invest
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
