Solutions
The Organisation for Economic Cooperation and Development (OECD) – the international standards-setter for tax transparency and cooperation – has underlined Guernsey’s reputation as a cooperative jurisdiction.
Monica Bhatia, Head of the Secretariat of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, says: "I am very surprised that Guernsey has been included in a list of non-cooperative jurisdictions. We are very pleased with the cooperation Guernsey has shown as a very active member of the Global Forum.
“It has demonstrated its commitment to upholding the highest standards of transparency and exchange of information. This is evident
A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm.
But what exactly should a hedge fund CISO be looking for when assessing the security of a SaaS provider in this fight against cyber sabotage?
Ken MacCuish is ideally placed to shed some light on this. He is the Senior Vice President and CISO at Intralinks, Inc. Prior
VAM Funds (VAM) and Close Brothers Asset Management (CBAM) have teamed up to offer discretionary fund management (DFM) services to non-UK-based advisers and their clients.
Increasing uptake of discretionary fund management services comes as international advisers move away from self-selecting and managing investment portfolios on an ongoing basis for clients.
CBAM’s award-winning expertise is normally only available in the UK but will now be available in the international market exclusively through the VAM Discretionary Funds. This arrangement will see VAM bring three diversified multi-asset, risk-rated investment portfolios to international investors via a Luxembourg-domiciled UCITS IV fund structure. The funds’
Lyxor Asset Management has cemented a reputation for its hedge fund solutions expertise, but as regulation and investor preferences change, the firm has evolved to offer multi-management solutions to support investors in fund selection, portfolio construction and infrastructure services.
Lyxor’s multi-manager solutions draw on the broad range of underlying investments on Lyxor’s investment platform including managed accounts, external hedge funds, ETFs and mutual funds.
The result is a range of commingled, dedicated and advisory solutions that spans the spectrum of liquidity, risk/return and strategy options to support global investors in meeting their idiosyncratic needs.
“There have been a number of
How QuantConnect’s open source algorithmic trading platform is empowering quants to launch trading strategies at low cost…
Quantitative trading strategies, sometimes referred to as ‘black box’ strategies because of the complex algorithms that power them, have long been a source of mystery to investors. Run by proprietary trading desks, hedge funds and individual traders with PhDs in mathematics, quantitative finance and physics (aka “Quants”) these black box strategies have operated in rarefied air.
Until now that is.
New York-based QuantConnect is an open source, community-driven algorithmic trading platform. The firm has a simple vision: to bring quantitative trading to the
Brazilian asset manager, Vinci Partners, is to implement Eze Software’s order management system, Eze OMS, and execution management system, RealTick EMS, to streamline workflows across the investment lifecycle.
In partnership with Eze Software, Vinci Partners will build electronic connections to third-party execution providers (brokers) locally and globally and to their internal back-office system. The firm will leverage the OMS and EMS for portfolio analytics; modelling and pre-trade allocation; pre-, intra- and post-trade compliance; and multi-asset class trading, among other capabilities. Eze Software expects to bring Vinci Partners live on the OMS and EMS later this year.
“Vinci was looking for
Lanware has been awarded a three year contract to provide its cloud-based technology outsourcing services to hedge fund Finisterre Capital, part of Principal Global Investors (PGI) who took a majority stake in Finisterre in 2011.
Lanware’s suite of services will provide Finisterre with a secure virtual desktop service delivered on demand from the Lanware private cloud. Lanware will deliver a full range of compliant outsourced IT services to meet Finisterre’s technology needs.
David Hill, Chief Financial Officer for Finisterre Capital, says: “Following a strategic review of its technology, with an expanding business, new systems and an office move on
Prestige Capital Management Limited (PCM) has been granted an AIFMD (Alternative Investment Fund Managers Directive) licence by the Maltese regulator, the Maltese Financial Services Authority (MFSA).
PCM operates a Maltese-authorised SICAV. The AIFM licence will allow this business to grow both its existing SICAV as well as the future management of additional structures in Malta and elsewhere by making use of the passporting benefits under the AIFM Directive within the European Union. The SICAV represents a licensed and established structure suitable for investment managers who want to take advantage of Maltese passporting opportunities PCM is a Malta-based investment management company,
Quite aptly, its design logo could be a leaf or a drop of water. Simmons & Simmons, one of the hedge fund industry’s leading law firms, has developed a new product LaunchPlus which provides the water needed for new hedge funds to flourish and grow; aqua vitae as it were.
The online resource was officially unveiled on 17 June 2015 and has been designed to provide the next generation of managers with a convenient repository of information and guidance on how to set up a hedge fund, and, importantly, grow it over the long term.
“We do legal products well. Simmons
Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.
CCB Chairman Wang Hongzhang, Euroclear group Chairman Marc Antoine Autheman, and Euroclear Chief Technology and Services Officer Lieve Mostrey attended the signing ceremony, joined by the Prime Minister of the People’s Republic of China, Li Keqiang, and the Belgian Prime Minister, Charles Michel.
The MoU commits both parties to fully cooperate in developing and distributing offshore RMB financial products, as well as the provision of high quality services to offshore
