Current News
Private equity firm TPG to buy GlobeOp for $800 million
Significant hedge fund redemptions – will your funds be ready?
Hedge Funds and Dodd-Frank Reform
Hedge Fund Non-Executive Director Training
Weavering case concentrates minds on fund governance
News Archive
Newsletter
News Archive
February, 2012
Private equity firm TPG to buy GlobeOp for $800 million
2nd February 2012...U.S. buyout firm TPG Capital agreed a 508 million pounds ($802 million) takeover of hedge fund administrator GlobeOp as the first step in building a presence in the business of servicing the $2 trillion hedge fund industry.
Significant hedge fund redemptions – will your funds be ready?
1st February 2012...Over the past several weeks there has been much speculation that a significant number of hedge fund investors will withdraw their capital from under performing funds.
January, 2012
Hedge Funds and Dodd-Frank Reform
27th January 2012...Some of the specific changes that will apply to or affect hedge funds and hedge fund advisers as a result of Dodd-Frank and its implementation through the related agencies’ rulemaking programs, once such rules become final and effective, include:
Hedge Fund Non-Executive Director Training
23rd January 2012...The role of fund directors is increasingly under the spotlight. In response, Quickstep Consulting is providing one-to-one Hedge Fund Non-Executive Director Consultations. This bespoke offering will enable non-executive directors and would-be directors the opportunity to assess the risk involved in a given fund from a director perspective.
Weavering case concentrates minds on fund governance
19th January 2012...Corporate governance has been at the centre of discussions worldwide about the future of alternative fund management and regulation, and nowhere more than in the Cayman Islands. Over the past few months the jurisdiction has attracted global attention as a result of a notorious case involving grossly negligent conduct by fund directors and media reports suggesting that some individuals based in the islands hold far more directorships than they can reasonably hope to exercise effectively.
Barclays Capital forecasts major changes in hedge fund allocations for 2012
16th January 2012...Reallocation of existing allocations across strategies and managers could be the big story in 2012 as money flows top 2007 figures. Despite lacklustre returns of many managers in 2011, investors remain committed to hedge funds, the study reveals.
Freedom
13th January 2012...Hong Kong has retained its position as the world's freest economy, according to a ranking compiled by the Heritage Foundation. Singapore ranked second, followed by Australia, New Zealand and Switzerland. Ireland ranked 9th, ahead of the USA (10th), the UK (14th) and Germany (26th).
Irish domiciled funds reach €1 trillion
10th January 2012...The assets of Irish domiciled investment funds have reached a record high and passed the €1 trillion mark, according to the Irish Funds Industry Association. Figures from the Central Bank report the total value of Irish domiciled investment funds up 40% from the end of 2009, at €1,008bn at end November 2011.
Online Training Modules
9th January 2012...Quickstep Consulting has been providing training and consulting services to the funds industry and the investment community at large since 2005. In 2012, we’re taking the expertise from the office and the training room and making it available online so it can be accessed at a time and place of your choosing. Quickstep Consulting is developing a series of training modules focused on areas of key concern to fund service providers and investment professionals. These online training modules (OTMs) will be broadcast live and will also be available to purchase after the event. More details to follow.
November, 2011
First Irish UCITS Merger under UCITS IV
13th November 2011...The first merger of an Irish authorised Ucits has been approved under the new merger regime for Ucits as set out in the UCITS IV directive reported law firm Dillon Eustace’s Financial Services Practice Group this week.
