Cayman sets new mark with more than 10,000 registered funds
The Cayman Islands have passed the milestone of 10,000 investment funds registered in the jurisdiction, with 10,037 funds recorded by the financial industry regulator, the Cayman Islands M
The Cayman Islands have passed the milestone of 10,000 investment funds registered in the jurisdiction, with 10,037 funds recorded by the financial industry regulator, the Cayman Islands M
Sean O’Malley, a partner in the business law department and a member of the financial services and investment management groups at US law firm Goodwin Procter, says the SEC’s amendments to
Frustrated investors in the defunct Bayou Management hedge funds run by Sam Israel, the fund manager who faked his death last month in a vain bid to escape prison for a USD450m fraud, are
Activist hedge fund manager William Ackman has suggested a rescue plan to restructure Fannie Mae and Freddie Mac which, he claims, will reduce leverage at the two government-sponsored but
Troubled times bring waves of rumours and speculation. But sometimes this goes too far, especially if it leads to something more serious, even illegal.
Mark Spinner, head of private equity at law firm Eversheds, has spoken out against the call for a voluntary code of conduct made by Dominique Senequier, chief executive of Axa Private Equi
Following reports that administrators are about to be called in at companies belonging to the UK-based Dawnay Day group, Channel Islands-based alternative investment manager Dawnay Day Mil
Securities and Exchange Commission chairman Christopher Cox and Federal Reserve System chairman Ben Bernanke have signed a memorandum of understanding between the two agencies that will de
If ever there was a lesson to be learned from the spate of catastrophes precipitated by the credit crunch, it should be that mistakes made in the past should be remedied to prevent future
Yesterday saw another new rule announced by the Financial Services Authority but, in contrast to its earlier clampdown on short selling, this time the UK financial watchdog has done a full
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