13 Feb 2012
SEC charges California hedge fund manager connected to Galleon Insider trading case
The Securities and Exchange Commission has charged a hedge fund manager and his Menlo Park, California-based firm for their involvement in…
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JP Morgan launches new portal for fund admin clients
JP Morgan Worldwide Securities Services (WSS) has launch the Fund Reporting and Media Exchange Site (FRaMES), which provides Mutual Fund…
Empaxis introduces overnight process monitoring for buy-side firms
Empaxis, a provider of operational services and support for asset managers and prime brokerage firms running Advent applications, has…
12 Feb 2012
Alternative UCITS funds gain 1.37 per cent in January
2012 was a promising start for alternative UCITS funds with the UCITS Alternative Index Global gaining 1.37 per cent having fallen 3.64 per…
New GAM Star fund approved by Irish regulator
A new fund which aims to give clients access to both GAM’s investment management expertise and Barclays Capital’s quantitative…
Irish fund assets top the EUR1 trillion mark
Total assets in Irish-domiciled funds have exceeded EUR1trillion, an all-time high, reflecting what Gary Palmer (pictured), Chief Executive…
10 Feb 2012
Eurex to introduce new trading system in Q4 2012
Eurex is planning to launch a completely new trading system. Subject to the required legal approvals, first roll-out is currently scheduled…
Virogen in discussions with European hedge fund to secure long term financing
Virogen Inc, a holding company specialising in data security and encryption technology, is in discussions with a European hedge fund to…
Shipping industry looking to new sources of funding
The shipping sector is looking to new sources of finance in place of bank funding, according to survey by international legal practice…
NYSE Euronext reports net income of USD110 million in Q4 2011
NYSE Euronext (NYX) has reported net income of USD110 million, or USD0.43 per diluted share, for the fourth quarter of 2011, compared to…
Ashmore appoints Simon Fraser as a non-executive director
Ashmore Group plc has appointed Simon Fraser to the Board as a Non Executive Director effective 10 February 2012. There are no further…
February hedge fund inflows advance 2.25%
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.25% in February.“Net flows were positive, against a backdrop…
CFTC votes to establish new subcommittee of the technology advisory committee (TAC) to focus on high frequency trading
The CFTC has voted to establish a Subcommittee on Automated and High Frequency Trading tasked with developing recommendations regarding the…
CFTC obtains permanent injunction against InterForex for acting as an unregistered retail Forex dealer
The US Commodity Futures Trading Commission (CFTC) has obtained a federal court consent order that permanently bars defendant InterForex,…
HazelTree appoints Sandeep Rawal as Chief Technology Officer
HazelTree, a provider of Treasury management services for alternative investment managers, has appointed Sandeep Rawal to the position of…
