Latest News
UBS Investment Bank has appointed Stuart Hendel as global head of prime brokerage and Mitch Moore as global head of exchange-traded derivatives.
Infonic, provider of HedgeSphere, a product suite for operations of funds of hedge funds, has named Nolan Phillips as chief operating officer and Bridget Piraino as head of global marke
Eurex Clearing, Europe’s largest central counterparty, says Eurex Credit Clear, its new central counterparty solution for credit default swaps, will be operational by 27 July and start
Luxembourg
By Chevalier & Sciales
Why Luxembourg?
The Grand Duchy of Luxembourg became in a few decades one of the leading locations for investment funds, being today the world’s second fund centre, overtaken only by the USA. Since 1959, when the first fund was established, the investment fund industry hugely expanded, counting 3,425 funds at the end of May 2009. This success originated with the authorities’ encouraging attitude to foreign capital and investment, and was considerably strengthened by its prime location in the heart of Europe – close to the main markets targeted by investment funds – by its highly
Luxembourg
major Fund Legislation and circulars
Based on information supplied by the Malta Financial Services Authority
Malta
Fund legislation: Investment Services Act, (Cap. 370 – Laws of Malta);
Number of funds
Castle Hall Alternatives, a provider of operational due diligence, has launched HedgeDiligence, a web portal delivering due diligence information to the firm’s clients.
Cedrus Investments has appointed Paul Jackson as chief investment officer.
