Monday, 1 September 2014
Last updated 3 days ago
Dec 30 2009 | 11:25am ET
The Channel Island of Jersey is one of the top offshore hedge fund domiciles in the world, but despite the industry’s turnaround in the third quarter, Jersey’s fund administration business took a tumble.
The net asset value of Jersey-administered funds dropped by 17.7% in the third quarter to £163 billion. It’s the lowest quarterly figure for fund administration on the island more than three years.
Jersey Finance blamed the decline on a move by a single company, which chose “to restructure certain functions carried out in relation to its funds.”
“This is not reflective of Jersey’s strong fund offering and has no effect on levels of employment nor on the profitability of our funds business,” it said.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...