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Current attempts to tighten the regulation of financial services could lead to regulatory arbitrage among countries, according to a survey by advisory firm Kinetic Partners.
The survey, which was carried out by Kinetic Partners at an industry event held last week, found that this may weaken, rather than strengthen, supervision of the industry unless measures are applied globally.
The vast majority of respondents (87 per cent) believe that current attempts to regulate the financial services industry could result in regulator arbitrage among countries if not applied globally.
Sixty one per cent of survey respondents thought Ucits funds would
Standard & Poor’s has launched an index that measures the performance of investable emerging market companies whose weighting is based in part on their level of carbon emissions.
The S&P/IFCI Carbon Efficient Index is designed to closely track the parent S&P/IFCI LargeMidCap Index, Standard & Poor’s emerging markets benchmark.
The new index provides investors with 24 per cent less exposure to carbon emissions when compared with the parent index, the S&P/IFCI LargeMidCap Index.
At launch, the index covers 21 emerging markets, including Brazil, Russia, India and China, and more than 800 companies.
Standard & Poor’s and International Finance Corporation, a
Investors are embracing risk again and the hedge fund sector has bounced back to life. But things are not quite the same as they once were, and perhaps never will be.
Due diligence has been thrust to the forefront of the alternative investment industry in the wake of the Madoff scandal and the Lehman Brothers collapse.
For the hedge fund industry, the Madoff affair did not so much change the rules of the game, as embed them more rapidly and more deeply.
Gravitas, a technology solutions provider and business consultant to the alternative investment and financial services industries, has released the first suite of cloud services designed exclusively for alternative asset management firms.
Gravitas’ cloud computing service provides virtual server hosting at secure offsite co-location facilities and hosted applications including email, mail compliance, remote data backup and Voice over Internet Protocol services on a per user, per month basis.
The service also gives asset managers the ability to add computing capacity as it is needed, giving them the ability to scale to very large environments on demand.
“Alternative asset management firms
At the end of last year it was possible to believe that the hedge fund industry might be drastically reduced in size over the next couple of years, and that the Cayman Islands, home to the vast majori
The worldwide financial market’s performance over the last 12 months has made some financial institutions and investors wary, but law firm Walkers sees opportunities for offshore finance and private equity structures in Asia.
While there have been shifts in focus by the market, the right offshore strategies can help achieve onshore solutions for investors and institutions, says Walkers.
Over the past five years, there has been significant growth in foreign direct investment in Asia, and particularly in the Peoples’ Republic of China. In that time, thousands of companies have been incorporated in the British Virgin Islands and the Cayman Islands
Barclays Bank has introduced its iPath exchange-traded notes platform in Canada with the cross-listing of seven iPath ETNs on the Toronto Stock Exchange.
The iPath ETNs are linked to equity volatility, currencies and the CBOE S&P 500 BuyWrite strategy.
The iPath ETNs are:
• iPath S&P 500 VIX Mid-Term Futures ETN
• iPath S&P 500 VIX Short-Term Futures ETN
• iPath Optimized Currency Carry ETN
• iPath JPY/USD Exchange Rate ETN
• iPath GBP/USD Exchange Rate ETN
• iPath EUR/USD Exchange Rate ETN
• iPath CBOE S&P 500 BuyWrite Index ETN
“We are pleased to expand our iPath ETN platform in Canada. iPath ETNs have been tremendously
Analogic, a designer and manufacturer of medical imaging and aviation security technology, has reached an agreement with Ramius Value and Opportunity Master Fund and Ramius relating to the company’s 2010 annual meeting of stockholders.
Ramius beneficially owns approximately 4.9 per cent of Analogic’s outstanding shares.
At the Analogic 2010 annual meeting on 29 January, Analogic will nominate Dr. Burton Drayer (pictured), executive vice president for risk at The Mount Sinai Medical Center and chairman and director of Mount Sinai’s department of radiology, to stand for election as a new independent director on the Analogic board at the January 2010 annual
