Opalesque TV: Regulatory extraterritoriality is not all that bad... [more]Benedicte Gravrand, Opalesque Geneva: Two compliance experts discuss financial regulatory extraterritoriality, the current confusion among European fund marketers, new managers’ stance toward the AIFMD, and the beauty of technology within compliance practices.
Extraterritoriality, the ap
SEC allows investment funds to use social media... [more]Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably
Fed study: Hedge funds pose biggest risks in crises... [more]From Reuters/MSN.com: Hedge funds, not banks, may be the most important transmitters of shocks during financial crises, according a study published Monday by the Federal Reserve Bank of San Francisco.
The finding suggests that hedge funds may be a bigger conduit for systemic risk to financial
Family offices band together to acquire care home operator... [more]From Healthinvest.co.uk: Family offices group KTN Group, Swiss investment fund Montreux Capital Management and Macquarie Lending have banded together to acquire care home operator ACH, HealthInvestor exclusively revealed.
The deal is the latest example of family offices and investment funds ex
Taiwan pensions to treble alternative exposure... [more]From Asianinvestor.net: Taiwan's new Bureau of Labour Fund (BLF) - set up to integrate regulatory and investment oversight of the country's public pension funds - is formulating its first investment plan and aims to finalize it by November.
"We're now reviewing the asset allocation of our fund
North America – American high net worth investors taking alternate routes... [more]From Bizjournals.com: Americans with more than $1 million in investable assets are increasingly tapping into alternative investments, such as oil and metals, over traditional categories, such as stocks and bonds. High net worth investors engaged in alternative investments have more than one-fifth of
Europe – FCA publishes report on hedge fund activity in the UK... [more]From Mondaq.com: On March 24, the FCA published a report which sets out its findings from a survey of hedge fund activity in the UK.
Key findings are:
98 percent of total leverage used by hedge funds in the UK is acquired through derivatives.
Activist News – Third Point defends its fight against Sotheby’s... [more]From NYTimes.com: Daniel S. Loeb, founder of Third Point, delivered his latest salvo on Monday in his battle to shake up Sotheby's board. Steve Marcus/ReutersDaniel S. Loeb, founder of Third Point, delivered his latest salvo on Monday in his battle to shake up Sotheby’s board.
Last week, Sot
Service Providers – Eze Castle Integration announces London office expansion... [more]Eze Castle Integration, Ltd., a leading provider of strategic IT solutions and private cloud services to the alternative investment industry, today announced its London team has moved into a new office to accommodate the region’s continue client and employee growth. The company also promoted Dean Hi
…And Finally – Oops!... [more]From Newsoftheweird.com: Kentucky state Rep. Leslie Combs, unloading her .380 semi-automatic handgun in her Capitol office in Frankfort in January, accidentally fired a shot into her furniture.
Said Combs, "I'm a gun owner. It happens." In fact, she praised herself for being "particularly caref