03 Nov 2010
Meridian Global Fund Services implements Fascet data software solutions
Meridian Global Fund Services Group, a fund administrator, has implemented Fascet Balance and Fascet Conduit solutions for its enterprise…
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Bank of America Merrill Lynch launches commodity alpha and beta Ucits III funds
Bank of America Merrill Lynch has launched its commodity alpha and beta family of Ucits III funds: the MLCX Commodity Enhanced Beta Fund;…
Pension funds to increase exposure to mid-sized hedge funds, says Agecroft
Agecroft Partners predicts that pension plans will significantly increase their exposure to mid-sized hedge funds over the next ten years.…
Vastardis adopts Geneva for fund of funds business
Vastardis Capital Services has adopted Geneva, Advent Software’s portfolio management and fund accounting solution, to support its fund of…
Susan Clark joins Heritage’s international funds business
Susan Clark has joined Heritage International Fund Managers as head of fund administration, responsible for the delivery of the company’s…
Global Capital Partners launches Iraq Fund
Abraham Merchant and Kenneth Kuhn, managing directors of Global Capital Investments, have launched the Iraq Fund. The fund will invest…
TradeStation Prime Services hires John Kenealy in Chicago
TradeStation Prime Services, a division of Tradestation Securities, has added John Kenealy to its prime services team. Kenealy will serve…
Industry unprepared for the AIFM Directive, poll suggests
The UK asset management industry needs to considerably ramp up its plans for responding to the Alternative Investment Fund Managers…
02 Nov 2010
NYSE Euronext reports net income of USD128m for Q3
NYSE Euronext has reported net income of USD128m, or USD0.49 per diluted share, for the third quarter of 2010, compared to net income of…
IAM boosts New York team with analyst hires
International Asset Management, a fund of hedge fund investment manager, has appointed Jon Pollowitz as investment analyst and Stephen…
J.P. Morgan appoints head of treasury and securities services in Japan
J.P. Morgan has appointed Hans Janssens as the head of treasury and securities services in Japan. Janssens, who most recently spent four…
Andy Stewart joins Credit Suisse as head of liquid alternatives
Credit Suisse has appointed Andy Stewart to the asset management division as managing director and head of the liquid alternatives…
Instinet launches algorithmic suite in Asia Pacific
Instinet, a provider of electronic trading and agency-only brokerage services, has launched its Execution Experts suite of algorithms in…
Average daily volume of 9.2 million contracts at Eurex and ISE in October
At the derivatives markets of Eurex, an average daily volume of 9.2 million contracts was traded in October, down from 10.4 million in…
Hedge fund managers remain downbeat on US equities
Hedge fund managers remain downbeat on US equities, according to the TrimTabs/BarclayHedge survey of hedge fund managers for October. About…
