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Guernsey would welcome moves to improve transparency across the global financial services industry, according to Guernsey Finance Chairman Lyndon Trott (pictured).
His comments come after 11.5 million files were leaked to journalists from more than 80 countries from the database of the Panama-based law firm Mossak Fonseca. Following the leak, labelled as the ‘Panama Papers’, there have been reports that UK Prime Minister David Cameron will come under pressure to crack down on ‘offshore’ international finance centres, including the Crown Dependencies of Guernsey, Jersey and the Isle of Man.
Trott says the recent media coverage illustrated the fact that plenty
Sadis & Goldberg LLP is one of New York's leading financial services focused law firms. Known both domestically and internationally as a dominant force in the financial services sector, Sadis & Goldberg serves clients throughout the world and was recently ranked as one of the top five law firms for hedge fund launches in the 2016 Preqin Global Hedge Fund Report.
The Financial Services Group is headed up by partner Ron Geffner and comprised of 13 attorneys that have each spent a significant amount of their career practicing in the private fund space, providing a compelling roster of seasoned legal
Quaesta Capital AG is an independent Swiss financial services provider with a primary focus on currency management. Based in Pfaeffikon, Switzerland, Quaesta Capital AG was founded in 2005 and currently manages approximately USD3bn in currency volatility and global macro strategies and bespoke currency overlay mandates.
It is regulated both by the Swiss Financial Market Supervisory Authority (FINMA) and the US Securities and Exchange Commission (SEC).
Quaesta Capital's FX long/short volatility programme is called v-Pro & v-Pro Dynamic. It has a nine-year track record, a Sharpe ratio of 0.88 (through 31st Jan 2016), and is market neutral in its trading style. The v-Pro
Preqin is a leading alternative asset data provider that sits between managers and investors, tracking appetite for the industry based on fund raising activity and fund performance. Since it was established 15 years ago, Preqin has been the go-to source for investors as they assess manager performance and track record as part of their selection process.
Amy Bensted (pictured), Head of Hedge Fund Products at Preqin gave an insightful presentation to open this year's Hedgeweek Awards Event at the Reform Club in London. Making reference to Preqin's latest global hedge fund report published in January, Bensted said that year-on-year, institutional
Peregrine Communications is an international, asset management marketing communications specialist, providing brand building, brand protection and lead generation services to help clients grow AUM. It has been delivering integrated marketing communications for hedge funds since 2002, supporting an increasingly international client base from its primary offices in London and New York.
Factor in that Peregrine has a bench of senior advisors, including Savuti's founder, Ben Scales, Tim Bell, former Head of Alternatives at UBS, and Rob Allard, former head of structured products at Goldman Sachs, and one can appreciate the weight of expertise Peregrine clients have at their disposal.
Multi-award-winning hedge fund administrator Opus Fund Services was established in Bermuda in 2006, subsequently expanding its footprint into the US with offices in Chicago (2008), San Francisco (2009), New York (2013) and Portland (2014). It serves over 275 fund managers and 400+ funds with a combined AUM exceeding USD10.5bn.
Last year saw another flurry of activity among hedge fund administrators, both large and small, and for a mid-sized administrator with an institutional offering, Opus was able to reap the benefits; this was partly due to M&A activity, and partly due to banking groups deciding to focus on other areas of
Whereas previously investment managers might have looked at risk from a `check-the-box' perspective, today's regulatory environment and the growing sophistication of institutional investors is requiring them take it more seriously. There is, according to Bennett Egeth, President of Broadridge Investment Management Solutions, a need to generate consistent, reproducible risk reporting for regulators.
"Risk requirements have a ripple effect with managers having to explain how they arrived at the risk numbers being reported. They're detailing what their assumptions were in calculating risk, how those assumptions have changed (if at all) from the previous quarterly filings, and where the data came from
2015 was a big year for Concept Capital Markets, LLC having entered into an agreement to be acquired by Cowen Group, a leading growth investment bank and alternative investment firm with a heritage dating back to 1918. The transaction was completed 1 September 2015 and thanks to the significant financial and intellectual resources that Cowen has at its disposal, the newly named `Cowen Prime Services’ division is now well positioned, and resourced, to further expand its prime brokerage offering.
“The acquisition is a validation of Concept Capital’s capabilities in the marketplace and a realisation that with the firms’ shared view with respect
For the sixth consecutive year, the Best Global Accounting Firm is Anchin, Block & Anchin LLP. With a staff of more than 350 and numerous specialised industry and service teams, Anchin is a full-service accounting, tax and advisory firm that provides investment companies, privately-held businesses, and HNW individuals with a wide range of traditional and non-traditional services. Jeffrey Rosenthal, CPA, is Partner- in-Charge of Anchin's Financial Services Group. 2015 was, he says, a `breakthrough year'.
"We saw a significant increase in the number of startup funds, and a growing trend in family offices establishing funds for investing purposes and having those
ACA Aponix provides financial services firms with a 360-degree, independent approach to technology risk and governance. Over the past 12 months, the firm has grown its client roster to 150 clients spanning the US and Europe, and is now signing contracts in Asia. To support this expansion, its client-facing team has grown by 300 per cent and added offices in London and the West Coast of America in addition to New York.
Cybersecurity has become one of the most important operational considerations for hedge fund managers today, particularly as regulators such as the Securities Exchange Commission in the US make it a