Hedge fund manager Man Group has reported net outflows of USD2.2bn in Q3 2012 up from USD1.4bn in the previous quarter. This is the fifth straight quarter that the firm has seen net withdrawals of client funds although it stresses
Julian Skingley, partner in financial services at Ernst & Young EMEIA, comments on the recent FATCA intergovernmental agreements (IGAs)… The announcements from the IRS today will be welcomed by the financial services industry, particularly those domestic institutions in the EU5,
The Chicago Board Options Exchange (CBOE) and CBOE Futures Exchange (CFE) are to launch trading on Russell 2000 Volatility Index options (RVX) and futures (VU). Trading on Russell 2000 Volatility Index futures will begin on 30 October, with options
Fund managers believe the European Commission’s Alternative Investment Fund Managers Directive will lead to fewer non-EU fund managers operating in Europe resulting in a less competitive market, according to research from Deloitte. More than two-thirds (68 per cent) believe that
Jeff Keen (pictured), fund manager, Waverton Global Bond fund, J O Hambro Investment Management (JOHIM), on the impact of the Fed’s and ECB’s stimulus measures… September saw the official confirmation of long awaited stimulus initiatives from both the Fed and
The Northern District of California has entered an emergency order freezing the assets of defendants Victor Yu of San Jose, California, and his company VFRS based in Alameda, California. The court’s order also prohibits the destruction or alteration of books
Hedgeweek reported last week how well Hugh Hendry’s China Short fund had performed this year, returning over 50 per cent to investors by buying CDS of Japa
Insurers and investors should prioritise investing in assets with little or no correlation to financial markets given the uncertain future for the global economy, according to PDL International, a provider of investment services to institutional and high net worth clients.
AlphaMetrix, a secure online marketplace for private investments, has added 18 full-time employees in its Columbus, Ohio office. The new employees all have information technology experience and will supplement the technology team based in AlphaMetrix’ Chicago headquarters. This initiative, the
MSCI has launched the MSCI Hong Kong Mandatory Provident Fund (MPF) Indices, which reflect the current investment restrictions imposed on MPF funds by the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA), including the minimum 30 per cent Hong Kong
