Gottex completes of EIM merger and lists 14m shares... [more]Gottex Fund Management Holdings Limited (Gottex), an independent provider of alternative, multi-asset and Asian investment solutions for institutional and retail investors, has announced the formal completion of the merger with EIM Group and the listing of 14,000,000 shares on SIX Swiss Stock exchan
Comment - Hedge funds, securitization and leverage change P2P game... [more]From Risk.net: Overwhelming institutional demand, hedge funds with a double-digit share of the market’s assets, trendy approaches to underwriting, a nascent securitization market – these are the forces shaping the peer-to-peer lending business in the US, and some observers are starting to worry.
Regulatory - No room for complacency in AIFMD challenge... [more]From eFinancialnews.com: “What’s to come is unsure. In delay there lies no plenty”. The Fool in Shakespeare’s comedy Twelfth Night may have been referring to affairs of the heart but his message was universal: don’t delay because you never know what may happen tomorrow.
Fund managers, too, wou
Argentina - Argentina's Kirchner: U.S. could topple my government, kill me... [more]From Naharnet.com: Argentina's President Cristina Kirchner on Tuesday charged in an emotional address that domestic and U.S. interests were pushing to topple her government, and could even kill her. Domestic business interests "are trying to bring down the government, with international (U.S.) help,
SWFs - South Korea's sovereign fund to expand alternative asset allocation... [more]From Dowjones.com: Korea Investment Corp ., South Korea's $72 billion sovereign-wealth fund, plans to increase allocation to alternative assets to up to 40% from a current 10% in the next few years, according to Chairman and Chief Executive Hongchul Ahn.
The sovereign fund also has reorganized
Activist News - EBay follows Icahn's advice, plans PayPal spinoff... [more]From Asiaone.com: EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows. The surprise move is a huge about-face for eBay's leadership, in