19 Jul 2013
Kinetic Partners enhances due diligence services with senior hire in New York
Brad Ackerman has joined Kinetic Partners’ New York office as a director within the consulting team. In his new role, Ackerman will support…
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Hedge funds extend record asset total for fourth consecutive month
Total capital invested globally in hedge funds increased to a record level for the fourth consecutive quarter in Q2 2013, according to the…
Deutsche Börse and Liquidnet cooperate to make block trading of German equities more efficient
Deutsche Börse is to launch a new block trading service on Xetra MidPoint on 29 July and has named Liquidnet, the global institutional…
Goldman Sachs completes sale of majority equity stake in REDI
The Goldman Sachs Group has sold a majority equity interest in REDI, the technology provider for the REDIPlus Execution Management System…
FERC orders USD453m penalties for power market manipulation
The Federal Energy Regulatory Commission (FERC) has ordered Barclays Bank PLC and four of its traders to pay USD453m in civil penalties for…
18 Jul 2013
Son-in-law of China Vice Premier sets up Hong Kong based fund… Skandia boosts Singapore sales team…
Nicholas Tsang, the son-in-law of China's Vice Premier Wang Yang, has launched a Hong Kong-based hedge fund focused on mainland equities.…
CI Investments launches Lawrence Park Strategic Income Fund
CI Investments has launched the Lawrence Park Strategic Income Fund, expanding the firm’s selection of funds in the global fixed income…
Broadridge completes Bonaire acquisition
Broadridge Financial Solutions has closed its acquisition of Bonaire Software Solutions, a provider of fee calculation, billing and revenue…
SEC obtains USD13.9m penalty against Rajat Gupta
The Securities and Exchange Commission has obtained a USD13.9m penalty against former Goldman Sachs board member Rajat K. Gupta for…
SC Distributors appoints regional VP for South Central territory
SC Distributors, an alternative investment distribution organisation, has appointed Shelle Graves as regional vice president for the South…
Alternative investments provide favourable returns and diversification to US P/C portfolios, says Fitch
US property/casualty (P/C) insurers invest in alternative and other less traditional asset classes, including hedge funds and private…
ITG launches ITG Dynamic Implementation Shortfall Algorithm 2.0
ITG, an independent execution and research broker, has released the new ITG Dynamic Implementation Shortfall Algorithm 2.0 (ITG DIS 2.0), a…
Craig Pollak returns to Ivory Investment Management as head of institutional marketing
Los Angeles-based investment management firm Ivory Investment Management has appointed Craig Pollak as head of institutional…
ESMA consults on non-EU counterparties OTC derivatives
The European Securities and Markets Authority (ESMA) has launched a consultation on draft regulatory technical standards (RTS) aimed at…
Horizon Cash Management hires Matthew Boice as VP, credit analyst
Horizon Cash Management, an investment advisor specialising in active cash management solutions for the alternative investment industry,…
