Thursday, 25 December 2014
Last updated 1 day ago
Dec 6 2012 | 11:05am ET
The British Virgin Islands is making it easier for smaller hedge funds to make their home in the offshore financial center.
The British Virgin Islands Financial Services Committee on Monday will begin offering a new investment management license for non-institutional firms running small and medium-sized funds. The new rules streamline the regulatory matters facing such firms, which the BVI say do not pose a systemic risk to the financial system.
The new licenses cover BVI-domiciled funds with at least US$400 million in assets under management for open-ended funds and US$1 billion for closed-ended funds.
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.