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There is a strong potential for earnings recovery for companies in the Japanese market, an expert has predicted.
New figures have been published showing that sells were 15 per cent ahead of buys last week, with banks accounting for many of the most-traded stocks.
Many alternative investment firms are lagging in internal IT, compliance, policy enforcement, business continuity planning and IT security, according to analysis by Richard Fleischman & Associates, a provider of outsourced technology and IT services.
The findings come from a 12-month review of more than two dozen RFA Due Diligence Assessments, which focus on IT, business processes and compliance.
The assessment analyses an alternative asset firms’ capabilities from an institutional investor’s perspective, identifying compliance vulnerabilities and business process deficiencies and prioritizes remedies in anticipation of investor requests.
Despite increased scrutiny from investors and regulatory agencies, the RFA analysis found
MSS Capital, the alternative asset management group, has selected Close Fund Services as fund administrator to a new range of sustainable forestry funds.
Oxigen Investments, the socially responsible and sustainable forestry specialists, are acting as the investment adviser to the new funds.
The closed-ended funds will be administered by Close Fund Services within a Guernsey regulated incorporated cell company structure, under the legal advice of Carey Olsen, Guernsey.
The funds will offer qualifying investors access to various forestry and agroforestry global investment opportunities all designed to target high returns over different life cycles.
Initially, the ICC will comprise
International law firm, Maples and Calder, has announced the appointment of eight new partners. Five of the new partners – Matthew Crawford, John Dykstra, Jarrod Farley, Michael Richardson and Joannah Bodden Small -– are based in its Cayman Islands office, while the other three – Phillip Ireland, Colm Rafferty and John Trehey – are based in Dubai, Dublin and Hong Kong, respectively.
Maples and Calder provides advice to its global clients on the laws of the Cayman Islands, Ireland and the British Virgin Islands. This latest group of partners includes lawyers with expertise covering all three of those international financial centres.
Deutsche Börse has launched the DAXglobal China Urbanization Index, comprising the 20 largest and most liquid companies from five DAXglobal China Sector Indices.
The constituents have to be listed at Hong Kong Stock Exchange (H-shares and red chips), Singapore Stock Exchange, NYSE or Nasdaq.
The index is aimed at investors who want to participate in the rapid growth of China’s cities – currently they are expanding by around 13 million inhabitants each year.
According to studies by the United Nations, China already has 100 cities with populations of over one million.
Experts predict that this trend will increase. The number
Independent market data consultancy CJC is expanding into Asia Pacific with the opening of its first office in the region, in Hong Kong’s Central business area.
CJC has experienced mounting interest for its consultancy service and a huge demand for market data hosting services from buy- and sell-side institutions throughout Asia and Australasia. The new office will allow CJC to deliver support to both new and existing clients on both a local and cross-regional basis and to provide fully coordinated coverage across all time zones to its global clients with a true ‘follow the sun’ model.
Financial institutions in
The inaugural Hedgeweek Awards 2010 held in London earlier today, Friday, 19 March, highlighted investors’ focus on factors such as ‘transparency, consistency and depth of expertise’ in choosing products.
Global Fund Media, the parent company of Hedgeweek, polled its 56,000 readers, including over 20,000 institutional investors, and asked them to choose the winners across all the hedge funds sectors, including service providers.
The Hedgeweek Awards 2010, which brought together a host of senior figures from the global hedge funds industry, were hosted by celebrity actress Cherie Lunghi (pictured with Global Fund Media Publisher, Sunil Gopalan) at Sketch, London.
In
Fund of hedge funds manager Olympia Capital Management has launched the Olympia Dynamic Fund, a diversified multi-strategy fund of hedge funds, driven by a dynamic allocation based on risk regimes.
Olympia Dynamic Fund uses a flexible core-satellite approach based on a proprietary indicator, the Olympia Risk Indicator.
Both the core and the satellite elements of the portfolio are actively managed. The core portfolio is invested in hedge fund trackers and offers tail protection through the ability to momentarily reduce hedge fund exposure. The satellite portfolio is invested in single hedge fund managed accounts with a strategy allocation driven by the
An organisation has predicted that the number of initial public offerings (IPOs) being made will spike through 2010.
