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AXA IM Brings 54 Offshore Funds to UK

AXA Investment Managers (AXA IM) has made the 54 funds in its AXA World Funds range more easily accessible to UK retail investors.

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Cayman Investment Fund Agrees US$95m Settlement for Madoff Victims

Irving H. Picard, Securities Investor Protection Act (SIPA) Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), has filed a motion in the United States Bankruptcy Court for the Southern District of New York seeking approval of a recovery agreement with Senator Fund SPC, a Cayman Islands incorporated investment fund invested exclusively with BLMIS.

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