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French banking giant, Natixis, is getting ready to introduce a re-vamped version of Sixtina
A survey conducted by PricewaterhouseCoopers and the European Fund and Asset Management Association (EFAMA) has found that more than 50% of asset managers have failed to factor in the
The European Fund and Asset Management Association (EFAMA) has just released its latest press release on fund performance
Citi has devised an online calculator to help financial planners and investors alike calculate annualised returns for its
Threadneedle Asset Management has hired Nicholas Robin, who joins from J.P.M
PerTrac Financial Solutions has released PerTrac Analytical Platform 7, a new version of its flagship application.
The PerTrac Analytical Platform is used by thousands of investment professionals for analysing hedge funds, mutual funds and other investments, constructing and optimising portfolios, and creating professional fund reports and presentations.
“PerTrac Analytical Platform debuted 14 years ago and today is the world’s leading investment analysis and asset allocation software,” says Gerry Mintz, PerTrac president and chief executive officer. “We continue to invest in our products and listen to our clients’ needs in order to provide improvements that will maximize value and simplify
Current monthly fund registrations in the Cayman Islands are indicating a strong recovery and are running at over 100 new funds a month.
The fund industry is now on track to exceed the previous total of regulated funds by the government.
Anthony Travers OBE, chairman of Cayman Finance, released the figures following a recent comment in the UK media that the Cayman Islands will “wither on the vine” through lack of investment.
Travers says the Cayman Islands is flourishing in the current economic climate. The figures released by the Cayman Islands Monetary Authority illustrate that, at the current
Prime brokerage firm Merlin Securities is expanding its footprint with a push into Canada.
The firm has recently hired Daniel Dorenbush as a partner and chief executive officer of the firm’s Canadian operation, which is slated to open later this year, according to the report by FINalternatives.
In his new role, Dorenbush will be based in Toronto and will report to Ron Suber, senior partner, head of global sales and marketing.
Most recently, Dorenbush was a New York-based managing director and global head of strategic sales and relationship management in the hedge fund services division at RBC Capital Markets. He
Morten Spenner, CEO at International Asset Management (IAM), comments on the results of the Towers Watson Global Alternatives Survey 2010 pertaining to funds of hedge fund assets managed on behalf of pension funds.
A recent Towers Watsons Global Alternatives Survey of the top 100 alternative investment managers of pension fund assets, revealed that alternative assets managed on behalf of pension funds rose marginally from USD 817,002m in 2008 to USD 817,090m in 2009. It showed that fund of hedge fund assets managed on behalf of pension funds dropped from its peak of USD 146,242m in 2007 to USD122,921m in 2008 and
Backstop Solutions Group, a provider of Software-as-a-Service platforms for the alternative asset management industry, has opened its first European focused office in London.
The London office will cater to the UK and Western Europe, and better position Backstop Solutions Group to continue to serve its European customer base.
“This is an exciting time for us, as the London office represents our successful expansion into two major international markets,” says Jeremie Bacon, chief executive officer. “We’re thrilled to be able to offer unique technology alternatives along with our many years of experience working with institutional assets.”
In February Backstop Solutions Group
