09 Jan 2014
BNY Mellon and Alceda sign depositary agreement for alternative investment funds
BNY Mellon has been appointed as depositary for a significant proportion of the alternative investment holdings of Alceda Asset Management…
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FSB and IOSCO consult on identifying NBNI G-SIFIs
The Financial Stability Board (FSB) and the International Organisation of Securities Commissions (IOSCO) have published a consultation…
Newedge announces 2014 constituents for hedge fund indices
Newedge has announced the 2014 constituents for the CTA, Trend, and Short-Term Traders Indices. Newedge CTA Index (* new for 2014) Aquila…
ABN AMRO Clearing becomes a member of EurexOTC Clear for Interest Rate Swaps
ABN AMRO Clearing has become a clearing member of EurexOTC Clear for Interest Rate Swaps (IRS).By joining this central counterparty (CCP)…
Lyxor Hedge Fund Indices up 7.0 per cent in 2013
The Lyxor Hedge Fund Indices enjoyed a decent finish to 2013, up 1.15 per cent in December and closing the year up 7.0 per cent.2013, the…
08 Jan 2014
Settlement agreements reached with JPMorgan Chase in Madoff Fraud
Irving H Picard, SIPA Trustee for the liquidation of Bernard L Madoff Investment Securities (BLMIS), has filed two motions with the US…
Global derivatives trading volume down 7.6 per cent
NYSE Euronext global derivatives average daily trading volume (ADV) in December 2013 was 5.9 million contracts, down 7.6 per cent from…
Carmignac Gestion Group appoints European equities team in London
Carmignac Gestion Group has appointed four-man European equities team, headed by Muhammed Yesilhark.The team is based in Carmignac Gestion…
Ramius names head of liquid alternative products
Ramius has appointed Bradley Sussman as managing director and head of liquid alternative products.In his role, Sussman will be responsible…
Meritage Capital launches first alternative mutual fund
Meritage Capital has launched its first alternative mutual fund, The Insignia Macro Fund, which seeks long-term risk adjusted return by…
NorthStar Financial Services Group launches hedge fund admin unit
NorthStar Financial Services Group has launched a hedge fund administration unit, Gemini Hedge Fund Services, as a new subsidiary.Gemini…
2014 could see alpha and dispersion rise in importance over beta, says GAM’s Lawler
Hedge funds had a strong final quarter of 2013 and ended the year up 6.7 per cent, as measured by the HFRX Global Hedge Fund index returns…
Coherence Capital Partners hires portfolio manager Michael Cannon
Coherence Capital Partners, a New York-based asset manager and advisory firm focused on the fixed income markets, has hired Michael Cannon…
Cantor Fitzgerald Europe expands credit fixed income team
Cantor Fitzgerald Europe has expanded its European credit fixed income team with the appointment of Franz Bucher as managing director in…
SEC names Michael Osnato chief of enforcement division’s complex financial instruments unit
The Securities and Exchange Commission has named Michael J Osnato, Jr as chief of the enforcement division unit that conducts…