Monthly Archives: January 2020
Central Bank Group to Assess Potential Cases for Central Bank Digital Currencies
(Opalesque) The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences […]
CFTC Orders Australian Company to Pay $1 Million for Spoofing
(HedgeCo.Net) The Commodity Futures Trading Commission has settled charges against Propex Derivatives Pty Ltd, a proprietary trading firm headquartered in Australia, for spoofing in the Chicago Mercantile Exchange E-mini S&P 500 futures market. The order finds that Propex, through a […]
Charges Filed Against Scheme to Sell Fictitious Interests in Marijuana Company
(HedgeCo.Net) The Securities and Exchange Commission has charged Guy S. Griffithe and Robert W. Russell, and three companies they controlled, for an alleged scheme that defrauded investors who thought they were purchasing interests in a Washington-licensed recreational cannabis company out […]
Hedge funds up 8.74 per cent in 2019, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index returned 8.74 per cent in 2019, supported by the risk-on sentiment among investors and positive geopolitical developments throughout the year. To read this article:
SEC Charges Founder of Purported Blockchain Marketplace for Fraudulent ICO
(HedgeCo.Net) The Securities and Exchange Commission charged a purported blockchain-marketplace company and its founder with conducting a fraudulent initial coin offering (ICO) of unregistered digital asset securities. As alleged in the SEC’s complaint, Sergii “Sergey” Grybniak and his company Opporty […]
Citi sets up a $150m impact investing fund
(Opalesque) New York-based banking institution Citi has launched a $150 million fund that will invest in private-sector companies that have a positive impact on society. To read this article:
Broadridge to acquire FundsLibrary
(Hedgeweek) Broadridge Financial Solutions is to acquire FundsLibrary, a specialist in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. To read this article:
Institutional Investors back alternatives heading into 2020
(Opalesque) Institutional investors are backing alternatives heading into 2020. According to the newly released Eaton Partners LP Pulse Survey, 72% of institutional investors expect alternative assets to meet or exceed their benchmarks this year. More than half (52%) also described […]
44% of hedge fund managers recorded double-digit gains in 2019
(Opalesque) The global hedge fund industry AUM has increased by US$9.9 billion in 2019. Investor redemptions totaling US$126.2 billion have been recorded throughout the year, a level the industry has not seen post-crisis. To read this article:
Citadel Securities settles China probe
(Opalesque) Citadel Securities will pay 670 million yuan ($97 million) as part of a settlement with Chinese regulators over alleged trading irregularities in 2015. The settlement was announced by the China Securities Regulatory Commission To read this article:
GoldPoint Partners closes $678 Million Select Manager Fund
(Opalesque) GoldPoint Partners announced the successful closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, L.P. The Fund closed on $678 million of commitments, a 150 percent increase from its predecessor fund. To read this article:
Real asset investors taking ESG more seriously, says a study
(Opalesque) Investors in ‘real assets’ – an asset class including property – will increase their focus on environmental, social and governance (ESG) criteria, over the next five years, according to a survey by Macquarie Infrastructure and Real Assets (MIRA). To […]