Monday, 22 December 2014
Last updated 2 hours ago
Feb 3 2010 | 7:35pm ET
Despite fundraising difficulties and an uncertain regulatory environment, there’s no shortage of new hedge funds looking to come on line in London.
The British Financial Services Authority gave the green light to more new hedge fund firms than almost any other type of financial advisory or trading firm in the fourth quarter, according to consultancy IMAS. The FSA authorized 60 hedge fund managers during the last three months of the year; only general fund management companies won more approvals, with 72.
All told, the FSA authorized less than 200 companies in the fourth quarter of last year. In particular, shyness struck those mulling new private equity firms, with the number of applications from the sector falling tremendously during the second half.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.