Author Archives: Alex Akesson

“By merging Shari’ah-compliance with RBP’s methodology, the Dow Jones Islamic Market RBP U.S. 50 Index offers institutional investors a unique investment tool. This new index is the latest example of the Dow Jones RBP Index family’s commitment to deliver creative measurements of world markets.” The Dow Jones Islamic Market RBP U.S. 50 Index is the latest addition to the Dow […]

A new order impacting all SEC registered investment advisers (and certain state registered investment advisers) that provide advisory services to hedge funds and/or separately managed accounts and receive performance-based compensation for such advisory services. Effective September 19, 2011, the assets under management threshold is being raised from $750,000 to $1 million and the net worth threshold is being raised from $1.5 million to $2 […]

Highlights from this month’s report include: Hedge funds outperform underlying markets in 2nd quarter by 0.78% but remain flat YTD (+0.33%) All strategies delivered negative returns for only the fourth time in the last ten years Net asset flows remained positive for the seventh consecutive month – US$2.6 billion Net asset flows for 1H 2011 stand at US$116.2 billion, the […]

The Financial Crimes Enforcement Network (FinCEN) today announced that it has developed an electronic filing system that will accept Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR). Money Services Businesses are now able to register with FinCEN using the Bank Secrecy Act (BSA) E-Filing System. FinCEN also released a final rule, Definitions and Other Regulations Relating […]

Footnoted has compiled some research on the SEC’s mid-year statistics on corporate disclosures, based on figures compiled by Morningstar Document Research. Some highlights include: Financial firms generate the greatest number of filings. Both this year and last, BlackRock made the most filings, with 2,368 and 2,313 in the first halves of 2011 and 2010, respectively. Barclays, FMR, Bank of America, and […]

Hedge funds were down 1.27%1 in June, ending the second quarter with negative returns of 1.06%. The month was marked by trend reversals in the markets and changes in investor risk appetite, which was the prevalent theme throughout the second quarter. However hedge funds outperformed the underlying markets, as the MSCI World Index declined by 1.88%2 during the month and […]

Video: Carrie McCabe, founder and chief executive officer of Lasair Capital LLC, talks about investment trends in the hedge-fund industry. She speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.”

The White House estimates that the following changes would raise $600 billion: End some tax credits for oil and gas companies Tax private equity or hedge fund managers income as earned rather than capital gains rates Limit itemized deductions for the nation’s highest earners Change the depreciation formula for corporate jets Repeal tax benefit for an inventory accounting practice used […]