Log In

Bermuda may now be the best jurisdiction in which to set up an offshore fund according to a New York attorney who works with the asset management industry. Jack Rigney, of Manhattan-based Seward & Kissel, sang the praises of the Island in an internat...

Fast-growing Bermuda-based fund administrator Equinoxe Alternative Investment Services Ltd today announced a strategic relationship with Asia-focused HFO Pty Ltd that opens up significant expansion opportunities. HFO, a hedge fund services provider w...

By David Fox One of the world’s largest hedge fund administrators, Bermuda-based Mitsubishi UFJ Fund Services, completed its acquisition of another Bermuda company, Meridian Fund Services Group, this week. The deal was completed as part of the ongoin...

A Bermuda investment-holding entity is at the centre of a US criminal legal case that has resulted in hedge fund managers pleading guilty to a federal conspiracy charge on Wednesday. Three former executives of a Ridgefield-based hedge fund have admit...

Bermuda-based fund administrator Meridian Fund Services has been acquired by an Island-based subsidiary of Japanese banking giant Mitsubishi UFJ Trust and Banking Corporation. The deal means Meridian, which has assets under administration of some ...

Apex Fund Services has launched its three-hour hedge fund net asset valuation (NAV) reporting service called Tzero, giving fund managers the world’s fastest portfolio valuation service. The Tzero service will leverage Apex’s real-time portfolio manag...

Global assets under management will top the $100 trillion mark by 2020, according to a new report by professional services firm PwC. And the industry will come out of the shadows of related businesses like banking and insurance and move to centre sta...

A Bermuda-based asset manager says his investment company will “vigorously defend itself” after being accused in a complaint by US regulators that it made more than $1.3 million in allegedly illegal short-selling share trading. Christopher Kuchanny a...

Bermuda’s Butterfield Fulcrum Group is being acquired by a subsidiary of Japan’s Mitsubishi UFJ Financial Group to become their global fund administration platform and to grow the business significantly. Butterfield Fulcrum will continue to operate i...

Bermuda is back to being a favoured jurisdiction for fund managers to be based in part because of the change in Government, Apex Fund Services declared yesterday. In naming David Brown as the new managing director of its Bermuda office, Apex said in ...

Apex has again been recognised for its leading role in the fund servicing industry winning an award for client servicing in Dubai, Bahrain and Abu Dhabi. At the Thomson Reuters sponsored MENA Asset Management Awards 2013, which celebrates the regiona...