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China’s AMAC signs first international MoU


27 June 2014 Beijing
Reporter: Catherine Van de Stouwe

The Alternative Investment Management Association (AIMA) has signed a memorandum of understanding (MoU) with the Asset Management Association of China (AMAC)...
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BNP Paribas wins ICG mandate


26 June 2014 London
Reporter: Stephen Durham

BNP Paribas Securities Services has been appointed to provide a range of debt market services, including collateral administration, trustee and liquidity services, to Intermediate Capital Group (ICG)...
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Hedge funds remain positive


25 june 2014 New York
Reporter: Stephen Durham

Hedge funds have been hitting record assets as investor interest in these funds continues to grow, according to the May 2014 Hedge Fund Asset Flows Report from eVestment...
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Genstar agrees takeover of Asset International


23 June 2014 San Francisco
Reporter: Catherine Van de Stouwe

Genstar Capital has signed a definitive agreement to acquire Asset International for an undisclosed sum by the end of July...
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Multifonds reveals industry is positive for AIFMD


23 June 2014 Luxembourg
Reporter: Catherine Van de Stouwe

Multifonds’s latest survey on the impact of the Alternative Investment Fund Managers Directive (AIFMD) on the fund industry has shown a positive attitude to the legislation despite the 22 July authorisation deadline...
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NSD fee approval to assist foreign entities


20 June 2014 Moscow
Reporter: Catherine Van de Stouwe

The supervisory board for Russia’s National Settlement Depository (NSD) has approved fees for a new service that will assist foreign entities...
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Rise in forward redemptions for SS&C GlobeOp


20 June 2014 Connecticut
Reporter: Stephen Durham

SS&C GlobeOp’s Forward Redemption Indicator for June has shown notifications of 4.80 percent, up from 4.32 percent in May...
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Lord Abbett appoint BBH for UCITS platform


19 June 2014 Dublin
Reporter: Catherine Van de Stouwe

Lord Abbett has selected Brown Brothers Harriman (BBH) to provide service support that will include passive currency administration for the launch of their new UCITS platform...
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London on way to be new China hub


19 June 2014 London
Reporter: Catherine Van de Stouwe

The Bank of England has confirmed the appointment of China Construction Bank (CCB) as the renminbi (RMB) clearing bank in London...