21 Jan 2015
Convergex adds industry veterans Gough and Holl to international leadership team
Convergex, an agency-focused global brokerage and trading related services provider, has added two industry veterans to its international…
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Cayman Islands Stock Exchange appoints Deputy Head of Listings and Compliance
The Cayman Islands Stock Exchange has appointed Eva Holtas Deputy Head of Listings and Compliance, effective 5 January 2015. In this role,…
MIK expands into Asia
MIK Fund Solutions, a provider of decision support software solutions for alternative asset managers, has expanded its geographic footprint…
Prime-of-Prime service launched for institutional investors
FxPro Financial Services Limited (‘FxPro’) has launched a Prime-of-Prime service in a bid to attract institutional investors and enable…
Pershing Square Capital Management appoints Stephen Fraidin as Vice Chairman
Pershing Square Capital Management has appointed Stephen Fraidin, as a Senior Partner at Kirkland & Ellis LLP, has joined the firm as…
Providing a gateway for new entrants
“Basel III and other regulatory issues and restrictions have a number of driving factors and downstream effects on tier one primes, which…
Threat of rising funding costs
“Our history is that we’ve been very welcoming to start-up hedge funds. Even as the opportunities to service larger managers grow, we’re…
Basel III set to create a richer array of prime brokers
By James Williams – On 4 August 2014, the Wall Street Journal reported that Goldman Sachs had commenced culling its hedge fund client…
A new paradigm for prime brokers
Scotiabank is one of a stable of Canadian banks that have decided to enter the prime services space as regulation begins to shake up the…
Benefits of holistic approach
“In 2011, we identified that larger prime brokers were pulling back on smaller hedge funds. We saw our opportunity at that point,” states…
Opportunities for HFs
Japan attracted significant international interest following the launch of Abenomics – how should global hedge fund managers assess Japan,…
Well placed to grow prime brokerage offering under AIFMD
Today’s evolving regulatory landscape is playing to the strengths of ABN AMRO Clearing, certainly with respect to EMIR and AIFMD. Over the…
A new chapter begins
Celebrating its 150th year anniversary in 2014, Societe Generale took the decision in May 2014 to buy out Credit Agricole’s 50 per cent…
Prime brokers focus on holistic relationships
By James Williams (pictured) – A wise man adapts himself to circumstances as water shapes itself to the vessel that contains it. (Chinese…
Man Group completes acquisition of Silvermine Capital Management
Man Group has completed the previously announced acquisition of Silvermine Capital Management, a Connecticut-based leveraged loan…