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The merger this spring of Guernsey law firm Collas Day with Jersey’s Crill Canavan, this spring will strengthen the profile of the combined firm throughout the Channel Islands and boost its ability to service clients worldwide, especially from Asia, according to Collas Day senior partner Chris Bound (pictured).
The two firms will combine to create a 15-partner firm, Collas Crill, that will enjoy a high profile in areas including funds, property, litigation and dispute resolution, and employment.
Bound argues that the similar profile of the two firms is an important factor in their compatibility. “The rationale for the merger is
Singapore Exchange (SGX) is enhancing access to listed companies by introducing continuous all-day trading from 9.00am to 5.00pm. SGX trading hours will now overlap more with those of other Asian exchanges, allowing investors who trade pan-Asian securities to respond to regional market movements and news flow.


Subject to regulatory approval, the SGX securities market is expected to begin trading on a continuous basis from 1 March 2011. The SGX derivatives market is already trading continuously.
In Asia, Korea Exchange, India’s National Stock Exchange and ASX have already embraced continuous all-day trading. Other international exchanges such as New York Stock Exchange,
Prime Management has been appointed as administrator to both the CATCo Reinsurance Fund Ltd and the CATCo Reinsurance Opportunities Fund Ltd. Both funds are dedicated vehicles to allow participation by investors in the collateralised reinsurance market.
The Opportunities Fund, which initially raised GBP80 million in capital, is intended to offer investors the opportunity to participate in a diversified and fully collateralised portfolio of catastrophic risk with low correlation to traditional asset classes.
“Prime Management’s experience, capability and responsiveness have made Prime the leading provider of fund administration services to the collateralised reinsurance market and the natural choice for
Agio Technology, a provider of managed IT services for hedge funds, has seen significant growth during its first year of operation and now boasts a 17-strong client base, including US hedge fund ‘giant’ SAC Capital Advisors.
Agio believes its rapid growth has been fuelled by both the pedigree of its management team and the increasing trend in the hedge fund industry to outsource non-core technology functions.
As well as growing its client base significantly since opening its doors on January 15, 2010, Agio has built a work force of over 50 employees, opened satellite offices in New York and Hong
Singapore Exchange (SGX) today is launching SGX Reach, the world’s fastest trading engine, on 15 August 2011. With its ultra-low latency and significantly higher throughput, Reach will enhance Singapore’s position as the best venue for companies to connect with investors keen to participate in Asia’s dynamic economies.
The combination of Reach and SGX’s upcoming co-location and hub offerings will increase market liquidity and velocity, thereby better supporting the needs of listed companies and investors. Reach’s new features will give investors more ways to have their orders executed. Its enlarged capacity will also offer opportunities for more brokers to join the
Final performance for the Dow Jones Credit Suisse Hedge Fund Index (has been confirmed as +2.90% in December and +10.95% YTD.
"The Dow Jones Credit Suisse Hedge Fund Index rose 2.90% in December, with nine out of ten sectors posting positive performance for the month. Managed Futures was the best performing sector, finishing up 5.42%," says Oliver Schupp, president of Credit Suisse Index Co. "Positive performance was also seen in the Event Driven sector, which finished up 3.93%, however Global Macro remains the strongest performing sector in 2010 after posting positive performance of 2.67% in December."
London-based Hedge Fund Manager Occitan Capital Partners has selected Options IT as its technology infrastructure provider.
Set up in Q4 of 2010 by Thomas de Garidel-Thoron and Hervé Gallo, Occitan Capital Partners provides fundamental long/short investing across the entire spectrum of pure equity products, specifically through the cash, volatility and dividends markets.
Occitan has selected the Options PIPE Core, one of three financial technology infrastructure services available on the Options PIPE platform, which is a fully managed and optimised global technology infrastructure and network connectivity environment providing on-demand, private cloud technology solutions to more than 120 investment banks, proprietary trading
Petrolheads can now own a share of some of the world’s rarest and most desirable collector’s cars through IGA Automobile LP. The new Guernsey-registered fund, believed to be the first of its type in the world, aims to deliver significant returns to investors through purchasing the lowest production iconic cars, taking into account market conditions, and later selling them following capital appreciation.
In IGA management`s opinion some alternative assets such as wine and gold have proved a strong investment hedge against inflation and recently the minimal interest returns offered by banks and equities. IGA Automobile LP has been established to
Hedge funds finished 2010 on a high according to the latest figures published by Edhec with all bar one (Short Selling, down 5.46%) of the strategies in the EDHEC-Risk Alternative Indexes recording positive figures.
Year to date figures were also all positive with the exception again of Short Selling, which lost 16.9 per cent during 2010. The top performer was Distressed Securities up 13.8 per cent followed by Event Driven (+12 per cent) and Emerging Markets (+11.7 per cent).
In December, a wave of optimism dominated the stock market. The resolute rise of the S&P 500 index (+6.68%) followed a
Deutsche Börse is expanding its offering in the area of short indices with the launch of the ShortTecDAX, which is offered to investors as a hedge against falling prices.
The daily performance of ShortTecDAX is directly opposed to that of TecDAX, i.e. if TecDAX rises by 5 per cent ShortTecDAX falls by 5 per cent, and vice versa.


TecDAX comprises the 30 largest companies from the technology sector below DAX according to market capitalisation and stock exchange turnover.

