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The drive to provide hedge fund managers with the latest tools to raise operational efficiency and improve performance has been lent impetus by the industry’s roller coaster ride over t
A year or two on from the onset of the financial crisis the ramifications for the hedge fund industry are still being felt.
As the hedge fund sector moves away from its cottage industry roots and closer to the levels of institutionalisation seen in other financial services activities, relationships are increasingl
The last year has seen frenetic activity among technology and solutions providers as the hedge fund industry adapts to the post-financial crisis/sovereign debt crisis environment.
The demand from investors for better information, delivered more rapidly than before and in a form that can be easily understood by investors and third-parties is the considerable challenge that he
How much time do investment professionals spend trying to find and pull together the data they need to make decisions? More to the point, what is that time costing?
Growing internationalisation and a mounting regulatory obligation means an increasing need to consider tax consequences when investing from Hong Kong and China.
When investing cross-border, the withholding tax burdens can be reduced by half.
These were the comments of Michel Bots, head of corporate services at Equity Trust for Greater China, in his introduction as host of the lunchtime thought-leadership seminar “Window on Tax” at Hong Kong’s China Club last month.
An audience of 50 lawyers and tax and financial consultants from Hong Kong then heard Ayzo van Eysinga, international tax specialist at Loyens & Loeff Luxembourg, tackle the issue
Otkritie Securities has appointed Howard Snell as executive chairman.
In a series of internal appointments, the company has also promoted Evgeny Kunts to deputy chief executive officer.
In addition to the new management appointments, Otkritie will be building up its sales trading team based in London. Otkritie has relocated head of equity trading Nicholas Richmond from Moscow to London, who has been tasked with expanding the trading team in the UK over the next 12 months.
Roman Lokhov, director and chief executive of Otkritie, says: “We are delighted to have appointed Howard as executive chairman and with him
Fidessa group, a provider of trading, market data and connectivity solutions for the buy-side and sell-side, has opened a hub in Singapore to supplement its existing Asian centres in Hong Kong and Tokyo.
The move is in direct response to growing demand for Fidessa’s trading and connectivity services throughout the Asia Pacific region.
Fidessa’s hubs provide access to its Software as a Service trading platform as well as to its ultra low-latency market data and global liquidity network solutions.
The new centre is co-located with Chi-East, the forthcoming pan-Asian liquidity venue that is a joint venture between Chi-X Global and
The International Organization of Securities Commissions has published a set of principles regarding cross-border supervisory cooperation developed by its technical committee’s task force on supervisory cooperation.
These principles, accompanied by a report and sample memorandum of understanding, set out how securities regulators can better build and maintain cross-border cooperative relationships that will allow them to more effectively oversee financial services providers such as investment advisers, asset managers, hedge funds, credit rating agencies, exchanges and clearing houses, that operate in multiple jurisdictions.
The objective of the principles is to assist regulators in determining the form of cooperation best suited to the
