Latest News
The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.
Acuiti’s new report EMIR Refit: Navigating the mandatory changes, sponsored by Broadridge Financial Solutions, details how regulatory reporting teams face significant challenges in complying with the new regulation.
Furthermore, companies have often found themselves operating with a lack of clarity on how the new framework will impact their reporting processes. This increases the risk of
Chinese macro hedge fund manager Shanghai Banxia Investment Management Center has adopted a more positive stance on domestic stocks according to a report by Bloomberg.
Founder Li Bei believes the CSI 500 Index, a benchmark widely tracked by local hedge funds, which lost 24% in the first four months of the year, has past its low-point for the year, and has been rebuilding stock positions as a result.
The CSI 500 Index closed at a two-year low on 26 April but has since gained 14%.
Activist investor Nelson Peltz has joined Unilever as a non-executive director with effect from 20 July, according to a report by MarketWatch.
Synaptic, an alternative data insights start-up, has closed a $20 million Series B funding round led by Valor Equity Partners.
Part 2 – Tax Considerations
For any Alternative Investment Fund Manager (AIFM), the main factors that define the success of their business will be the amount of capital they are able to raise and the performance of the funds that they manage.
San Francisco-based hedge fund Inclusive Capital Partners (In-Cap) has made a £1.5 billion bid to acquire UK-based housebuilder Countryside Partnerships, according to a report by the Financial Times.
In-Cap went public with its offer to acquire the business on Monday having twice had approached rejected by the Countryside board.
With a 9 per cent stake in the business, In-Cap is Countryside’s second largest shareholder after Browning West, which has also agitated for change at the company and now has a presence on the board.
Euronext has launched a futures contract on the CAC 40 ESG index. The new contract, based on the ESG version of the French national benchmark index, provides institutional investors with an additional tool to contribute to the accelerating development of sustainable investment.
Supported by BNP Paribas and Société Générale as market makers, firms that are strongly committed to the transition towards sustainable finance, the contract will enable market participants to manage and hedge ESG portfolios efficiently and in compliance with ESG principles, and to lower the cost of trading through the use of a futures contract.
The new contract will
Copper.co, a provider of institutional digital asset custody and trading solutions, has been approved for membership of the Swiss Financial Services Standard Association (VQF) through Copper’s Swiss entity in Zug.
Copper’s VQF membership provides assurance to its clients regarding the robustness of its compliance with the Swiss Anti Money Laundering Act (AMLA), supplying a regulatory stamp of approval and reinforcing Copper’s position as a trusted custodian of digital assets.
VQF is the largest and oldest cross-industry Self-Regulatory Organisation (SRO) in Switzerland and it is officially authorised by FINMA (The Financial Market Supervisory Authority), Switzerland’s financial services watchdog. VQF is
Stagflation is looming large for the US economy and will happen quickly according to Bob Prince, a top investment banker at the world’s largest hedge fund Bridgewater Associates.
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has launched an Irish Funds Data Service to further enhance its investment funds coverage.
The Irish Funds Service covers more than 30,000 share class funds from over 200 fund management companies, providing comprehensive reference and corporate actions data. Users can rest assured that EDI covers all share classes in their portfolio.
EDI’s data team collects, analyses, and publishes the data directly from the source, the fund management companies. Working in parallel, a separate in-house team of experts liaise with the fund management companies to
