The US Commodity Futures Trading Commission has filed a civil anti-fraud enforcement action against Michael Bruce Gale, individually and doing business as Capital Management Group (CMG). The CFTC complaint charges Gale with defrauding investors in connection with operating a commodity
The Vice Mayor of Shanghai has recognised the quality and stability of Guernsey’s financial services industry. Tu Guangshao voiced his support for Guernsey as a well-regulated, compliant and cooperative international finance centre recognising the island’s “great achievements in financial regulation
SkyBridge Capital has committed to make an investment in Viathon Capital’s Whitewater fund. Whitewater is a credit opportunity fund focused on liquid debt instruments of US and European corporate issuers. The portfolio consists primarily of single-name loans and bonds selected through
International law firm Simmons & Simmons has appointed Robert Koller as a finance partner in its Frankfurt office. Kolre is a debt capital markets and financial regulatory lawyer, who specialises in debt securities, bank and insurance capital as well as funds (particularly hedge funds)
Blueprint Capital Advisors (Blueprint), an investment firm focussed on manager sourcing, due diligence and the structuring of investments in emerging managers and strategies, has adopted The Gemini Companies dedicated managed account (DMA) offering. Through this structure, Blueprint’s investors can
Prime Management, a provider of fund administration services to the alternative investment industry, is to service three new risk-linked investment portfolios for Elementum Advisors. Elementum, a Chicago-based alternative investment manager specialising in risk-linked investments, will manage the portfolios and Prime
Caledonian Global Fund Services is using Geneva – Advent Software’s portfolio management and fund accounting solution – to support its global operations.
Mosaic Smart Data (Mosaic), a real-time FICC data analytics company, has launched a new feature for its MSX platform enabling users to instantly generate text reports on their trading activity data using machine learning. The feature will be available
The Bitcoin Fund, which is traded exclusively on the EXANTE fund platform and was launched in late 2012, is the best performing hedge fund year to date with a return of 4847 per cent. The Bitcoin Fund gives institutions and
BGC Partners and China Credit Trust’s money broking joint venture, China Credit BGC Money Broking, is the first Sino-foreign joint venture inter-dealer broking company to have been granted a business license by the China Banking Regulatory Commission to operate in
