London-based fund of funds manager Coronation International has launched the Prism Fund, an Irish-domiciled dynamically managed multi-asset vehicle, with initial capital of USD15m.
The Securities and Exchange Commission has charged the US investment banking subsidiary of Japan-based Mizuho Financial Group and three former employees with misleading investors in a collateralised debt obligation by using “dummy assets” to inflate the deal’s credit ratings. The
In light of the current fiscal and monetary concerns that are gripping the minds of investors around the world, Institutional Asset Manager asked the heads of some of the world’s leading asset managers to share their thinking on portfolio management
“We really like risk-on risk-off markets. I personally think this is going to continue for some time yet. The eurozone issue is not going to be solved imminently and I expect to see a lot of volatility in the future,”
Patricia White (pictured), managing director of Legis Fund Services, discusses how the fund industry in Guernsey is faring at a time when the eurozone economy remains fragile. While the debt crisis continues to plague the eurozone there is a constant
Hendrik Klein (pictured) and his team at Zurich-based Da Vinci Invest AG have been trading futures on Eurex since 1995, using a sophisticated algorithm to track economic indicators. In 2009, when Need to Know News brought out a computer-readable news
By Simon Gray – For nearly a decade Jersey has been focusing its strategy for developing the financial services industry on fund domiciliation and servicing for alternative investments including property funds, private equity structures and hedge fund platforms. However, the
PIMCO has launched the PIMCO GIS Credit Absolute Return Fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark. The PIMCO GIS Credit Absolute Return Fund, which has a “go-anywhere”
Guernsey’s much discussed corporate governance code came into effect at the beginning of the year. Carol Goodwin (pictured) highlights its key principles, asserting that good corporate governance is about board behaviour and not always about the rules. Never has so
Trading volume in CBOE’s SPXpm – S&P 500 Index options that are PM-settled – established an all-time daily volume record this week as 54,611 contracts changed hands. Wednesday’s record surpassed the previous daily volume record of 39,472 SPXpm contracts
