Latest News
Provident Group’s Longship Capital Management subsidiary has launched the Longship Multi-Strategy Debt Fund.
Pacific Alternative Asset Management Company (PAAMCO), the US fund of hedge funds manager, recently established a London office to tackle the European market. In this interview Stephen Oxley discusses the key issues faced by European institutions and funds of hedge funds. At PAAMCO Europe, which obtained FSA registration last month, Oxley is responsible for developing relationships with European institutions and for assisting with European manager research.
Prior to joining PAAMCO, Oxley was a Partner and Senior Investment Consultant at Watson Wyatt LLP in Reigate, UK, where he was responsible for advising institutional clients on all aspects of their investment arrangements.
The London-based Alternative Investment Management Association (AIMA) has opened a South Africa Chapter with 21 founding member companies.
The Commodity Futures Trading Commission has adopted new rules that provide regulatory relief to certain CPOs and CTAs. Lawrence T. Eckert of Schulte Roth & Zabel LLP explains the final rules in greater detail.
The rules discussed below are effective immediately and supersede the temporary no-action relief provided by the Commission pending final rules. Persons that have filed notices claiming no-action relief generally need not file anything additional in order to rely on the final rules. Certain additional disclosures to investors may be necessary, however.
1. New Registration Exemptions Available to CPOs and CTAs
A. Background
Historically, the "operator" of a
US Futures Exchange, L.L.C., the Chicago-based Eurex subsidiary, is filing an antitrust action against the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange
BluMont Capital Corporation has launched its latest multi-manager/multi-strategy principal guaranteed structured product, the BluMont Man Multi-Strategy Notes.
Toreigh Stuart, Chief Executive Officer of Toronto-based BluMont Capital, said: “We are very excited about this particular product as it offers investors an opportunity to access a truly diversified investment product from Man Investments.”
A syndicate co-led by CIBC World Markets Inc., BMO Nesbitt Burns Inc., RBC Capital Markets, National Bank Financial Inc. and TD Securities Inc., and including Desjardins Securities Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Dundee Securities Corporation, First Associates Investments Inc. and Raymond James Ltd. will act as
GL TRADE, the leading provider of financial trading software, has received certification to operate on the Chicago Board of Trade’s new e-cbot trading platform.
Coriolis Capital Limited is the London-based hedge fund manager focusing on both natural catastrophe bonds and weather derivatives. Diego Wauters explains the rational
Mellon HBV Alternative Strategies LLC has listed offshore versions of its hedged distressed and European event-driven strategies on the Irish Stock Exchange.
Platinum Capital Management Ltd. will launch the Platinum Turnberry Fund Ltd.