The Cayman Islands and Germany entered into a tax information exchange agreement (TIEA) following a signing ceremony held on Thursday at the GIS Conference Room. The event was hosted by the Premier, the Honourable W. McKeeva Bush, OBE, JP; the Premier also signed the agreement on behalf of the Cayman Islands. Germany’s Ambassador to Jamaica, Mr Jürgen Engel, signed the […]
The Cayman Islands and the Government of Japan successfully concluded negotiations on a tax information exchange agreement following a meeting between the respective delegations held 13-14 May 2010 in London. The Cayman Islands delegation to London included the Honourable Attorney General, Samuel Bulgin QC; Chairman of the Cayman Islands Monetary Authority, George McCarthy; Deputy Managing Director and General Counsel, Langston […]
“AIMA, as the global hedge fund association, fully supports the regulatory goals of the EU’s Alternative Investment Fund Managers Directive. It is desirable both to increase transparency and to improve systemic risk assessment in the interests of financial stability.” Andrew Baker, CEO at AIMA, said. “However, we are concerned that many of the proposals in the texts of the Directive […]
Optimists predicting a hedge fund rebound finally have some strong indicators to point to, according to Ellen Schubert, Deloitte’s Asset Management Services Adviser. “Despite the potential for a higher cost of doing business that comes with regulation, we are seeing more start ups – and with less money,” Ellen said, “As recently as six months ago people said you couldn’t […]
Sunday, September 12, 2010 at 10 AM, Paris (via 100 Women In Hedge Funds) Registration is 35 Euros and this includes access to several optional training sessions, our team logo and the chance to run with your friends in finance. Part of the registration fee will be donated by the Race organizers to Breast Cancer Research (Fondation Recherche Médicale, Action […]
ALTIN, the $280 million fund of hedge funds listed on the London and Swiss stock exchanges recorded an investment performance of +13.57% in 2009, outperforming the HFRI FoF Index, which recorded +11.55%, and has had a strong start to the year, up +3.75% YTD to 26 April 2010. The discount of the share price to its NAV per share was […]
Washington – The U.S. Department of the Treasury today announced the next steps in its plan to sell approximately 7.7 billion shares of Citigroup common stock. To enable such sales, Citigroup has filed a prospectus supplement with the Securities and Exchange Commission covering Treasury’s sale of this common stock. Treasury will begin selling its common shares in the market in […]
According to the Alternative Investment Management Association (AIMA) – the global hedge fund industry association, the European Union should not diverge from the path already set by the G20 on hedge fund regulation. Doing so could fragment global markets, create inconsistent regulatory requirements and result in international trade disputes. Andrew Baker, Chief Executive Officer of AIMA, said: “The G20 summits […]
Hedge fund radio is returning to Resonance FM: Monday, April 19 at 9-10pm/ 21.00-22.00 hrs., London time on not-for profit radio station, Resonance 104.4FM. The Guardian calls it: “the best radio station in London” The Village Voice: “the best radio station in the world” “One hour of loose talk about hedge funds and the state of the world, plus poetry […]
Custom House Launches Chariot
Leading hedge fund administrator, Custom House, today announced the introduction of the Chariot Dealing Platform, to complement its existing Reporting Platform. The new Chariot dealing platform is in the form of an online dealing portal for existing shareholders in Custom House administered funds — designed to increase security and operational efficiency for the funds’ existing investors and managers. It will […]