Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Risk of price manipulation in metal trading may lessen - Part three

Tuesday, May 06, 2014

amb
Jacques Bally
Benedicte Gravrand, Opalesque Geneva:

Jacques Bally, founder of Bally Capital Advisors SA, a Swiss-based investment advisory management company that organized the March Swiss Mining Institute conference in Geneva, talks to Opalesque about US investors in Switzerland, China’s metals imports, price manipulation in metals and a possible golden cross.

Part One is here and Part Two is here.

Jacques Bally: The regulatory environment is very tough in Switzerland and we need to search for new markets complying with the new rules.

Opalesque: : What about US investors?

Jacques Bally: The whole story with the US clients has had a big impact in Switzerland. Of course, in the past 20 years, a lot of Swiss banks and Swiss portfolio managers had US customers that were perhaps not totally well structured from a legal and fiscal point of view. Today the only customers that we have in Switzerland are fiscally 100%.

But because some of the banks are still going through this period of penalties with the US government and so on, only a few banks are today......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1