“This development further demonstrates the Irish government and regulatory authorities’ proactive commitment to ensure Ireland continues to develop as a domicile of choice for the international investment fund community,” said law firm Maples and Calder.
The IMA wrote to the FSA calling for reform of the London cash equity market, which CEO Richard Saunders says is in “chaos” after the Lehman bankruptcy. Its letter questions Lehmans’ use of a non-segregated account for exchange trades and the trading freeze at Crest.
Stanley Fink, once the highest-paid CEO in the FTSE100 as he built Man Group into a hedge-fund giant, announced the formation of Earth Capital Partners, a new environmental-investment business which he chairs.
London-based high-alpha European equities specialist Sourcecap International has won a $150m (€117m) long-only European equities mandate as part of California Public Employees’ Retirement System’s (CalPERS) Manager Development Program, which focuses on emerging managers.
