Regulatory load mounts for European managers
Late last week in London, the current state of hedge fund industry regulation was ably summarised by panellists at The IMS Group Regulatory Forum
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27/01/2010
The new practice will be headed up by Paul Richards and operated under the auspices of the broker’s Finex National unit, a specialist wing dealing with executive and professional risk.
Traditional brokers are currently waking up to the potential scale of business from the hedge fund sphere, following the dislocation of 2008. Last year, the sector experienced a significant hike in insurance premiums, particularly in the directors and officers (D&O) space, while hedge funds are also placing a greater emphasis placed on better risk management.
Willis will be responsible for the insurance arrangements of Dominion’s client base, while existing Finex clients will be offered Dominion’s wealth management services. As well as D&O, the insurance unit will deal with professional indemnity and employment practices liability insurance.
29/02/2012
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29/02/2012
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02/02/2011
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