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20 May 2010

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Needed now: Islamic SWFs

From Gulfnews.com: It took Islamic finance 40 years to reach the magical $1 trillion (Dh3.67 trillion) benchmark, and this niche market is on the march towards the next milestone of $2 trillion within the next five years — with Moody’s predicting $5 trillion. (more…)

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Islamic bond sales rise 24pct as Sukuk outperforms

From Bloomberg: Islamic bond sales are growing at the fastest pace since 2007 as yields on securities complying with the religions ban on interest fall more than those on emerging- market debt even as Europe’s debt crisis worsens. (more…)

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Qatar Islamic bank to sell $750 mln Sukuk in 2010

From Businessweek.com: Qatar Islamic Bank SAQ, the Gulf state’s biggest Shariah-compliant lender, plans to sell as much as $750 million of bonds in its first Islamic debt offering, according to the company’s chief executive. (more…)

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$100mln real estate sukuk a success

From Tradearabia.com: The $100 million Commercial Real Estate Sukuk (Kuwait) has been successfully settled and paid for on its maturity date. (more…)

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Malaysia releases Sukuk bond details

From WSJ: Malaysia’s dollar-denominated global Islamic bond, or sukuk, will have a five-year maturity and will be structured under the Ijarah concept, the lead managers for the sale said Wednesday. (more…)

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Islamic finance shows positive development trend

From Peopledaily.com.cn: Malaysian Prime Minister Najib Razak said here on Wednesday the development of Islamic finance was showing positive trend with growth as much as 10 to 15 percent recorded in some countries of the Islamic world. (more…)

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Malaysia: PM calls for Islamic finance transformation

From Thestar.com.my: Muslim countries must continue to play a leading role in transforming Islamic finance into a widely accepted system that is central to long-term economic stability globally, said Prime Minister Datuk Seri Mohd Najib Abdul Razak. (more…)

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Australia to review treatment of Islamic finance

From Bernama: The Australian government has asked its Board of Taxation to review the treatment of Islamic finance in Australia. “The review will be a comprehensive analysis of Australia’s tax laws to ensure, where possible, they do not inhibit the provision of Islamic finance, banking and insurance products,” Australia’s Assistant Treasurer Senator Nick Sherry said in a statement on Wednesday. (more…)

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IDA pushes IFSC as major hub for Islamic banks and funds

From Independent.ie: IDA Ireland is understood to be planning to lead a roadshow to the Middle East as part of an effort to turn the International Financial Services Centre (IFSC) into a European hub for Islamic banks and funds. (more…)

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Bank proposed to fund Muslim green energy

From Thenational.ae: A new bank to finance clean energy projects in the Muslim world could be part of an effort by Islamic countries to forge closer economic bonds, Malaysia’s prime minister says. (more…)

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DIB sweetens Islamic loan market

From Thenational.ae: Dubai Islamic Bank (DIB) thinks it has a sweet deal for its customers – personal loans backed by sugar. The country’s oldest Islamic institution is offering the first Sharia-compliant personal loan in the Arab world. (more…)

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Jordan Islamic Bank sees double-digit growth – CEO

From Dailystar.com.lb: Jordan Islamic Bank, the country’s largest Islamic lender, expects double-digit growth this year as it taps fast-rising demand for Sharia-compliant products in an otherwise sluggish overall market, its CEO Musa Abdel-Aziz Shihadeh said. (more…)

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HLTM Takaful’s new shariah plan

From Btimes.com.my: HONG Leong Tokio Marine Takaful Bhd (HLTM Takaful) has launched a new five-year syariah-compliant investment-linked plan that invests in Chinese stocks. (more…)

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Battle of the Quants – LONDON – From High Frequency/Low Latency to Machine vs. Human Intellingence; Quant Networking, Discussions and presentations, 9th June

The Battle of the Quants – LONDON returns for the 3rd year. A new innovative lineup promises to deliver the most cutting edge Quantitative Hedge Fund Event in the world. Featuring the financial world’s most exciting quantitative managers, investors and technology providers, the full day event will examine how quantitative finance is increasingly finding its way into all corners of the financial world. Fascinating panel discussions include High Frequency Trading, UCITS and Quants, Quant investors’ allocation priorities, latest quantitative innovations, and of course the “Battle” between Discretionary VS. Quantitative trading.

“Thanks for this! I really enjoyed New York and found the cap intro event and the conference very useful.I really like to say that I think that you organize an excellent event which is fun as well…your personal touch makes the difference”
Frank Holle, President, Quant Asset Management

“I wanted to thank you and your team for your hospitality and the content at the “Battle”. We certainly enjoyed the event and found it very informative from both a practitioners point of view but also from a networking standpoint”
John Donahue, Phase Capital

“Just wanted to thank you again for the opportunity to participate in your excellent event last week! It was a top-notch event.
I hope to participate in future events that you organize. Thanks!”
Ranjan Bhaduri, PhD CFA CAIA MMath MBA, AlphaMetrix Alternative Investment Advisors

May Fair Hotel, Mayfair, London
9:30am Registration
For additional information please contact, Bartt C. Kellermann, bartt@battleofthequants.com or 212.202.3228 www.battleofthequants.com

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MFA’s Forum 2010, Chicago, June 8-9, 2010

Forum 2010, June 8-9, 2010, The Drake Hotel, Chicago, is MFA’s premier managed futures and global macro investment strategies conference and exposition for professionals in managed futures, hedge funds, funds of funds and their service providers and investors. Produced by MFA, Forum 2010 will feature an extensive educational program, special networking opportunities, and an informative exhibition of products and services of interest to industry professionals. Forum 2010 will introduce MFA’s popular business meeting lounges – where delegates can hold meetings with clients and prospects onsite in the comfort of The Drake Hotel. Refreshments will be available. Your full conference registration includes entrance to the keynote speakers, general sessions, the exhibit hall, breaks, continental breakfasts, luncheons and evening reception.

Register by Monday, May 17, to receive a $250 discount. MFA members pay just $1,500. Registrations from May 18 to June 1 are $1,750 for MFA members. To make a hotel reservation, you first must register online for Forum 2010.

For up-to-date conference information, to register and to discuss supporting Forum 2010, visit the conference eBrochure, or contact Stacy Hudson at 202.367.1140 or stacy@managedfunds.org.

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JetFin AGRO 2010, June 10, Geneva. Receive a 10% Discount as Opalesque user

Agriculture is the bright light of today’s investment universe. The rapid rise in global demand for food is providing new opportunities for investors.

JetFin AGRO 2010 CONFERENCE is the only event for investors, which exclusively gathers top agricultural fund managers delivering strong returns in challenging markets.

Special focus: Region specific investment opportunities.

JetFin AGRO 2010 CONFERENCE is the ultimate meeting point for investors in search of sustainable and noncorrelated returns when investing in agriculture. Leading successful agriculture investment managers present and explain their investment strategies. Institutional investors and wealth managers compare winning solutions, enabling them to take the right investment decisions in key markets such as farming, soft commodities or timber. Don’t miss the unique opportunity to participate to the

JetFin AGRO 2010 CONFERENCE Confirmed speakers :

  • Peter-Erik Ywema, General Manager, Sustainable Agriculture Initiative, Belgium
  • Nicolas Landolt, Director, Sandoz Family Office, CH / Brazil
  • Giulio Franzinetti, Managing Director, ASDF BV, Netherlands
  • John Coast Sullenger, Fund Manager, GAIA Capital, CH
  • Olivier Baumgartner-Bezelgues, Advisor, Altarius Asset Management, CH
  • Olivier Pairault, Agriculture Portfolio Manager, BlueGold Capital Management, UK / CH
  • Paul Marland, Partner, LCI (Luxembourg) SA, Luxembourg
  • Douglas King, Founder, Aisling Analytics, CH / Singapore
  • Mari Kooi, CEO, Wolf International, USA
  • Shawn Johansen, Director, Sustainable Equity Partners, USA
  • Michel Tamisier, Managing Partner, Elite Advisers, Luxembourg
  • Michael Whitehead, Director., Macquarie Agricultural Funds Mgmt., Australia
  • Detlef Schoen, Founder, Aquila Capital Group, Germany
  • Pedro Herrera, Senior Vice President, HSBC Securities, USA
  • Olivier Combastet, Partner, Pergam Finance, France / Uruguay
  • Gonzalo Fernandez Castro, Founder, Lumix Capital, CH / Argentina
  • Jan Pensaert, Founder, Valiance Asset Management, UK / Brazil
  • Stephen Kenney, Vice President, Hancock Agricultural Investment Group, USA
  • Anton Khmelnitski, Founder, Elbrus Capital Investments, Ukraine
  • Ulo Adamson, Partner, Trigon Capital, Denmark
  • Charles Vilgrain, CEO, AgroGeneration, France / Ukraine
  • Neil Crowder, Co-Founding Partner, Chayton Capital, UK
  • Craig Tashjian, Principal, Amerra Capital Management LLC, USA
  • Richard Davis, Fund Manager, BlackRock Investment Management, UK

More information & Registration: http://www.jetfin.com/agro2010/eventinfo_en.php or contact Sophie Lavaud, JetFin : 0041 22 839 8080.

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Pre-order the 2010 Fund Admin Fact Book for $999 – Limited Time Offer!

Carbon 360 is currently making its industry leading research available for a limited time discounted “Bundle Package”.. Pre-order Carbon’s 2010 Fund Admin Fact Book, now in production, and they will provide a 40% discount on this upcoming new report and give away the 2009 Fact Book FOR FREE to those who pre-order now. This offer expires May 31st.

The 2009 Fact Book contains:

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  • Service and technology details of 150 admins
  • Detailed AUA strategy breakdowns by domicile and size

Find details of the Bundle and order here: http://www.carbon360.com/fund-administration-fact-book.cfm
or call +1 -203-722-4985 and ask for Greg Despoelberch for more information and free samples.

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