13 Dec 2011
SSgA names Michael Ho as new CIO for emerging market equities and global macro capabilities
State Street Global Advisors (SSgA) has appointed Michael Ho to chief investment officer for its active emerging markets equities and…
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MarketAxess well placed to support e-trading objectives of MiFID II/MiFIR
The European Commission’s objectives for MiFID II/MiFIR were released in October this year. At the heart of this new regulation is an…
LME sets January date for swaps launch
The London Metal Exchange (LME) will introduce financially settled swaps for all non-ferrous contracts on 23 January 2012. The…
Red Kite selects Butterfield Fulcrum as fund administrator
Red Kite, a metals-focused fund groups, has selected Butterfield Fulcrum as the firm’s fund administrator.After a detailed analysis of Red…
December HF inflows advance 1.55%, says GlobeOp
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.55% in December."December closes the year on a positive note…
Hedge fund redemptions more than triple in October
Hedge fund redemptions in October totalled USD9 billion, more than triple September’s USD2.59 billion outflow, according to figures…
Virtu Financial acquires NYSE AMEX designated market maker
Virtu Financial has acquired the Designated Market Maker (DMM) business for the New York Stock Exchange (NYSE) and NYSE Amex. Terms of the…
Lombard Odier Investment Managers appoints ING’s Jan Straatman as CIO
Lombard Odier Investment Managers (LOIM) has appointed Jan Straatman (pictured) as Chief Investment Officer, a newly-created position,…
LSE to buy Pearson’s FTSE stake
The London Stock Exchange Group has signed a definitive agreement to acquire the 50 per cent stake in FTSE International Limited, from…
Walkers complete first Jersey fund migration to Ireland
Walkers have completed the first redomiciliation of a Jersey investment fund into Ireland. The fund, BlueAlpha Global Equity Fund plc…
12 Dec 2011
Technology solution supports demand for managed accounts
Interview with Mike Rosen, senior managing director, Concept Capital Markets - The outsourcing of middle- and back-office services as well…
Increasing competition focuses attention on profit margins
By James Williams - Two of the more obvious trends that have occurred in prime brokerage post-Lehman’s are perhaps, unsurprisingly,…
Risk concerns target strong balance sheets
Interview with Chris Barrow - The tumultuous events of the eurozone debt crisis, which sent the markets into a tail spin this summer, have…
Fresh challenges for prime brokers in era of low leverage
By James Williams - For the prime brokers on whom hedge fund managers rely so much on, there’s not been a huge amount to shout about in…
Former Schottenfeld trader Zvi Goffer settles SEC insider trading charges
The Honourable Jed S Rakoff of the United States District Court for the Southern District of New York has entered a consent judgment…