News Centre

There Are At Least 165 Australian Hedge & Boutique Funds That Control 17% Of Entire Domestic Investment Industry - Study

Date 17/09/2012

The inaugural Triple A Partners/ Basis Point Consulting Australian Hedge and Boutique Fund Directory launched today (17 September) has found:

• 165 hedge and boutique investment management firms control US$218.8 (A$208.4) billion, equivalent to 17% of the US$1.25 trillion (A$1.19 trillion) managed by all investment managers in Australia.
• The industry eclipses Hong Kong’s US$38.8 billion in hedge fund & long-only absolute return assets, and Singapore’s US$21.1 billion sector.
• For the first time in Australia, the directory identifies and profiles 102 independently-owned boutiques (predominantly long-only, benchmark-unaware strategies) with US$173.9 billion in assets under management (AUM), and 63 hedge fund firms with US$44.9 billion in AUM.
• The top 10 Australian CTAs/global macro/FX and risk overlay firms control US$22.8 billion.
• More than US$63 billion (roughly 30% of sector AUM) is deployed by Australian managers into global markets such as global and Asian equities, global fixed income and global macro. This US$63b figure is larger than Hong Kong and Singapore combined in non-Australian (ie global) investment strategies.

ESMA Proposes Remuneration Guidelines For Firms Providing Investment Services

Date 17/09/2012

The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration policies and practices under the Markets in Financial Instruments Directive (MiFID). 

BNP Paribas Joins The Vienna Stock Exchange As New Trading Member

Date 17/09/2012

As of today, BNP Paribas Arbitrage S.N.C, headquartered in Paris, and BNP Paribas Arbitrage S.N.C. in London joined the Vienna Stock Exchange as new trading members.  BNP Paribas Arbitrage S.N.C. will take part in trading on the cash market of the Vienna Stock Exchange from its head office in Paris and subsidiary in London.

Xetra/FWB: Enterprise Holdings Ltd. Plans Bond Issue In Entry Standard - Subscription Period 17 September – 24 September 2012

Date 17/09/2012

Insurance undertaking Enterprise Holdings Limited is issuing a corporate bond in Deutsche Börse’s Entry Standard. The bond can be subscribed from today with ISIN: DE000A1G9AQ4. The Enterprise Holdings bond has a volume of up to €35 million, matures in March 2017 and has an interest rate of 7.0 percent. The nominal denomination is €1,000.

Thai Bourse Encourages Developing Investor Relations Of Listed Firms

Date 17/09/2012

The Stock Exchange of Thailand (SET) continues to increase opportunities for Thai listed companies to develop their potential by providing guidelines and advice on Investor Relations (IR) in order to attract investors to listed firms.

Pirum Delivers Real-Time Tri-Party Required Value (RQV) Automation With J.P. Morgan

Date 17/09/2012

Pirum is pleased to announce the production deployment of the final component of its new Tri-Party Required Value (RQV) processing service, in partnership with J.P. Morgan.  Customers are now using the new service to automatically calculate, reconcile, agree and submit their RQVs across all counterparties, whether they are Pirum participants or not.

Vantage Order Routing System (VORS) Powered By Baymarkets

Date 17/09/2012

Vantage Capital  Markets HK (Vantage) recently announced the launch  of an order routing system  for Convertible Bonds for its clients.

ICE And Gasunie Announce Transaction For The Derivatives And Spot Gas Business Of APX-ENDEX

Date 17/09/2012

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, and gas infrastructure company Gasunie today announced an agreement to form a new company based on the derivatives and spot gas exchange of APX-ENDEX. ICE has entered into an agreement to acquire a majority stake in the derivatives and spot gas business of APX-ENDEX and Gasunie will retain a shareholding at a similar level to its current APX-ENDEX shareholding.

British Columbia Securities Commission Announces New Enforcement And Corporate Finance Directors

Date 14/09/2012

The British Columbia Securities Commission announced today, the appointment of Teresa Mitchell-Banks Q.C. as Director of Enforcement, and Peter Brady as Director of Corporate Finance.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Venture Composite Index

Date 14/09/2012

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

On September 13, 2012, Continental Nickel Limited (TSXVN:CNI) received final court approval for their Plan of Arrangement whereby the company will be acquired by IMX Resources Limited (ASX:IXR). Continental Nickel will be removed from the S&P/TSX Venture Composite Index after the close of trading on Friday, September 14, 2012.