Latest News
Matrix Group, the privately owned UK financial services business, has appointed Simon Elvidge as group head of compliance and assurance.
Elvidge, who has over 20 years’ experience in senior compliance and control function roles, joins from Numis Securities where he was head of compliance and managed the compliance teams in both the UK and US.
Before this, Elvidge worked within Société Générale group and for Newedge Group, the joint venture between Société Générale and Calyon. Over a period of 8 years he held a series of senior roles with varied oversight responsibilities covering global, European and UK aspects of the
Amundi has launched Amundi Funds Multimanagers Long/Short Equity, a new sub-fund of its Luxembourg-domiciled umbrella fund Amundi Funds.
This sub-fund invests in Ucits III funds employing long/short and/or equity arbitrage strategies, as well as volatility management.
The fund aims to outperform Eonia by five per cent per annum while maintaining a maximum level of annual ex-post volatility of eight per cent.
Amundi says the current environment of low interest rates, economic uncertainty and high volatility is particularly favourable for absolute return strategies, which aim to capitalise on the divergence in performance between securities, sectors or geographic regions rather than
The markets in the Asia Pacific region exhibit high rates of economic growth and cover almost half of the global population, which makes it an attractive market for electronic trading.
In a report, Electronic Trading in Asia-Pacific: A Market by Market Update on the Dynamic Region, Celent compares the present levels of electronic trading and the possibility of having high frequency trading in equity markets in Australia, China, Hong Kong, India, Japan, Korea, Malaysia, Singapore, and Taiwan.
While the overall Asian market is quite diverse, there has been a move towards greater efficiency.
The result is that they are creating
Politicians, officials and business leaders from Guernsey will be following in the footsteps of Commonwealth Games competitors when they visit India next week to enhance financial services links between the two jurisdictions.
Carla McNulty Bauer, minister for the commerce and employment department within the Guernsey Government, will lead a delegation to Delhi and then Mumbai between 18 October and 23 October.
The visit will include governmental engagements, meetings with regulators, industry associations and leading business introducers, as well as a series of networking opportunities through specific Guernsey events.
Guernsey established a representative office in China at the end of 2007
The Technical Committee of the International Organization of Securities Commissions has formed a Task Force on OTC Derivatives Regulation.
It aims to coordinate securities and futures regulators’ efforts to work together in the development of supervisory and oversight structures related to over-the-counter derivatives markets.
Hans Hoogervorst, chairman of the Technical Committee, says: “Iosco has identified the need for enhanced international coordination between securities regulators in order to support the global reform efforts currently underway regarding OTC derivatives regulation.
“Many jurisdictions are currently adopting legislation that provides securities and futures regulators with an important role in the regulation of the OTC
GLG Partners LP, Man Group’s newly acquired investment manager, has announced this week that it is launching a UCIT
London-based independent fund manager, Absolute Return Partners, is due to make its debut in the UCITS space with the launch of its ARP Global Equity Alpha Fund in the next four or fi
Swiss banking group SYZ & CO has this week announced the appointment of Xavier Guillon
New figures released by Ireland’s Central Bank show that its fund industry’s total assets under administration have reached a record level of EUR1.8 trillion; up from E
Poor harvests in the US this year are causing some industry commentators to predict a second food crisis and repeat of the one seen in 2007-8, with the US Department
