Tuesday, 30 September 2014
Last updated 5 hours ago
Apr 3 2013 | 10:10am ET
Gibraltar hopes to join the ranks of Ireland, Luxembourg and the Cayman Islands as a major hedge-fund center, and is taking its pitch on the road.
Representatives of Gibraltar's government visited a hedge fund conference in Rio de Janeiro last month to pitch its stability, low taxes and access to the European Union to Latin American hedge funds and private equity firms, The New York Times reports. This month, Minister of Financial Services Gilbert Licudi heads to the world's largest hedge fund center, New York, to meet with several hedge funds that have already expressed interest in the British self-governing territory, which sits on a small peninsula at the mouth of the Mediterranean Sea south of Spain.
"It is part of the strategy that this government has to go beyond our traditional jurisdictions like the U.K. and Switzerland and to extend to emerging economies that are doing well, like Brazil," Licudi said.
In addition to its traditional offshore inducements, Gibraltar also trumpets its transparency.
"We pride ourselves now on being one of the jurisdictions that is open and transparent in terms of exchange of information," he said.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...