Monthly Archives: April 2020
CFTC Provides Further Relief to Market Participants in Response to COVID-19
(HedgeCo.Net) The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) today announced that it has issued additional targeted, temporary no-action relief to foreign affiliates of certain futures commission merchants (FCMs) in response to the COVID-19 (coronavirus) […]
Former Investment Banker Found Liable in International Insider Trading Scheme
(HedgeCo.Net) The U.S. District Court for the Southern District of New York has entered a final consent judgment against Bryan Cohen, a former executive at a global investment bank who was charged with misappropriating confidential information he obtained through his […]
Liquidity and transparency: why tax neutral hubs matter in critical times
(Hedgeweek) Governments around the world have taken dramatic action to address the health risks caused by Covid-19, but doing so has also created a wide range of significant economic risks as well. To read this article:
Diligence gaps raise flags as litigation finance gets boost
(Opalesque) Litigation finance firms could be unexpected beneficiaries of the coronavirus crisis. Litigation funders are usually paid out when cases resolve. However, as cases stall out in courts that are either closed or wrestling with how to conduct virtual trials, […]
Nordic Investment Bank issues coronavirus bonds
(Opalesque) Nordic Investment Bank (NIB) will start to issue NIB Response Bonds to finance eligible projects that aim to alleviate the social and economic consequences caused by the COVID-19 coronavirus pandemic in the bank’s Nordic-Baltic member countries. The one billion […]
Dollar firms as investors brace for global downturn
(Reuters) – The dollar was a touch firmer on Wednesday, buoyed by its safe-haven status with the world staring at what is likely to be one of the worst economic contractions for decades as it locks down to fight the […]
BlackRock, Neuberger Berman apply to set up China mutual fund unit – China securities regulator
(Reuters) BlackRock and Neuberger Berman have applied to set up mutual fund units in China, according to China’s securities regulator.The China Securities Regulatory Commission (CSRC) has accepted applications from the two asset managers, according to CSRC’s official website. To read […]
The World’s Cheapest Stimulus
(Harvest) With just a modest boost to credit, the Chinese government succeeded in strengthening investor sentiment and stabilizing real economic activity during the first quarter of the year. The growth rates of income, retail sales and industrial production were stronger […]
Fraud Charges Filed In Ticket Resale Investment Scam
(HedgeCo.Net) The Securities and Exchange Commission has charged a New York City man with continuing a previously charged scheme, stealing millions of dollars from investors who were allegedly falsely promised their funds would be used for the purchase and resale […]
Over three-quarters of hedge funds saw positive returns in Q1
(Hedgeweek) Hedge fund managers ended March 2019 up 0.77 per cent on an equal-weighted basis, and 0.45 per cent on an asset-weighted basis. Roughly 78.0 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the […]
Mosaic Smart Data closes USD9m funding round
(Hedgeweek) Mosaic Smart Data, a real-time capital markets data analytics company, has completed an USD9 million investment round to support its rapid product development and global expansion. To read this article:
A $90 Billion Swedish Investor Says He Won’t Touch Hedge Funds
(Bloomberg) One of Sweden’s biggest pension funds says there’s no case for using hedge funds given the cost they represent in the current environment. To read this article:
