18 Dec 2012
Arden Asset Management launches USD700m alternatives mutual fund
Arden Asset Management has launched an open-end mutual fund, the Arden Alternative Strategies Fund, with more than USD700m in assets, which…
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17 Dec 2012
Prime brokers battle the perfect storm
By Duncan Crawford – Revenue pressures coupled with increased costs are forcing many in the industry to overhaul their business models in…
Westhouse Securities adds Harinder Sandhu to institutional sales desk
Westhouse Securities, the corporate and institutional broking group, has appointed Harinder Sandhu to its institutional sales desk where he…
LME celebrates record year following acquisition by HKEx
The London Metal Exchange (LME) is celebrating another record year with volumes 10 per cent higher and a series of industry awards. The…
Fidessa connects sell-side OMS to Squawker block trading negotiation venue
Fidessa group has completed the pan-European FIX integration from Fidessa’s OMS to Squawker, the block trading negotiation venue. The…
Interactive Data expands network connectivity with new POP for LSE
Interactive Data, a provider of managed ultra-low latency infrastructure and market data feed services, has expanded the Interactive Data…
Agio Technology launches Agio ESP
Agio Technology, a provider of managed IT services for the hedge fund industry, has launched Agio ESP, a fully-automated enterprise service…
The Carlyle Group closes USD620m CLO
Alternative asset manager The Carlyle Group has closed a USD620m collateralised loan obligation fund, the firm’s fourth new-issue CLO in…
16 Dec 2012
Fitch does not expect ESMA repo guidelines to materially impact money market funds, F&C launches real estate equity long/short fund…
Geneva-based Alix Capital, provider of the UCITS Alternative Index Global, is publishing a report that suggests ESMA proposals will impact…
SFO charges Weavering founder Magnus Petersen with fraud
The Serious Fraud Office (SFO) has issued criminal proceedings against Magnus Peterson, a Swedish national and the founding director of…
14 Dec 2012
Orc launches Orc Flow Control for control and monitoring of pre-trade risk
Orc, a provider of technology and services for the financial industry, has launched Orc Flow Control, a new solution for managing and…
Worldwide diamond consumption to surge 60 per cent by end of decade
A surge in rough diamond consumption by the growing middle classes in China and India will push global consumption to USD26.1bn in value…
The night before Christmas
By Jamie Berry, Chairman, Berry Asset Management – It was the night before Christmas; a solitary figure shuffled through the fast emptying…
Corporate bond market undergoing radical transformation, says Tabb
The corporate bond market is changing and in far more wholesale a fashion than a mere e-trading trend, says Tabb Group. In new research,…
BrokerTec and MTS launch RepoFunds Rate daily repo index
BrokerTec, ICAP’s global electronic fixed income trading platform, and MTS, a fixed income electronic trading venue that is majority-owned…
