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The Isle of Man has succeeded in attracting Bridge Asset Management, a specialist in emerging markets, to establish operations on the island as part of a strategy led by Isle of Man Financ
Forty per cent of fund managers worldwide have diversified into long-only funds and 30 per cent into alternatives over the last three years, causing convergence between investment strategi
Backed by the strong track record of the EUR2bn PF (Lux) Absolute Return Global Diversified Fund, Pictet Funds has announced the launch of a lower-risk absolute return product, the PF (Lux
WM/Reuters, an independent provider of foreign exchange rates, has expanded its Intraday Spots product to include the Asia-Pacific region, providing the market with 24-hour access to indep
The Isle of Man Financial Supervision Commission has announced that Tynwald, the island’s parliament, has approved the legislative orders required to revamp the jurisdiction’s fund legisla
Absolute Capital Management has won mostly comfortable majorities in support of its restructuring plans for four funds whose exposure to illiquid, hard to trade US micro-cap stocks was rev
Jersey’s fund servicing industry has grown to USD225.9bn (GBP112.5bn) in 1,367 funds and sub-funds at the end of June, an increase of nearly 150 per cent from USD91.0bn (GBP59.7 billion) i
UBS has announced that it is to acquire the Caisse Centrale de Réescompte group, a French asset and wealth manager with EUR17bn in invested assets and 190 employees, from Germany’s
Fitzwilliam Growth Fund, a fund of hedge funds provided by UK specialist wealth adviser BDO Stoy Hayward Investment Management, has been ranked the best performing fund of hedge funds over
With the result of October 27 shareholder votes on restructuring plans for four of its funds looming, Absolute Capital Management has announced that its Absolute Germany Fund has lifted th

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