Month: June 2013

Parker Index Up in March

Currency hedge funds reported gains in March, according to the Parker FX Index report from fund-of-funds manger, Parker Global Strategies. Funds in the index reported an aggregate return of 0.72% in March. A total of 41 of the 45 programmes in the index reported results, with 27 reporting positive results compared to 14 incurring losses. […]

ESMA Finds “Divergence” in Money Market Fund Supervision

Money market funds are not subject to consistent supervisory and enforcement practices across the European Union, according to findings from the European Securities and Markets Authority (ESMA). In its latest peer review report, ESMA examined whether EU securities advisors correctly apply ESMA’s guidelines on money market funds, with a comparison of 30 supervisory authorities across […]