12/08/2014

The end looms for ‘Alice in Wonderland’ fees

The asset management industry suffered a shock last month when an influential panel that advises the UK regulator on policy issued a damning report on the state of the fund market.

12/08/2014

AIMA publishes updated guide for selecting a prime broker

The Guide, which was drafted by a working group of AIMA members, also reflects the greater degree of due diligence being conducted on prime brokers today and the evolution in the prime brokerage model since the financial crisis.

12/02/2014

UBS Must Face Loreley Fraud Claim in Lawsuit Over CDO Losses

Loreley sued UBS over what it said were four fraudulent CDOs, one of which was arranged by UBS “at the behest of” Magnetar Capital LLC, a hedge fund that had bet against the housing market and selected the collateral for the securities, accord