14 Sep 2022
Apex Group expands Nordics business
Apex Group, a global financial services provider, is expanding its business in the Nordics region, with the launch new services delivered…
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SEC charges Hudson Advisors and Lone Star Global for failing to disclose fund fees included $50m tax liability
The Securities and Exchange Commission (SEC) has charged registered investment advisers Hudson Advisors and Lone Star Global Acquisitions…
Third Point boss Loeb cools on ESPN spin-off plan
Third Point founder Daniel Loeb has cooled on his plan to see Disney's sports broadcaster ESPN spun off into its own standalone business,…
SS&C aligns global fund administration and servicing under the SS&C GlobeOp brand; appoints new head
SS&C Technologies Holdings has appointed Bhagesh Malde to lead its newly combined global fund administration and servicing business.…
Pantera Capital CFO quits
Cryptocurrency hedge fund Pantera Capital has lost another senior executive with news that chief financial officer Ryan Davis is leaving…
CI Global Asset Management launches CI Alternative Multi-Strategy Fund
CI Global Asset Management (CI GAM) has launched the CI Alternative Multi-Strategy Fund, which provides investors with convenient one-stop…
New hedge fund managed IT trends report shows industry shift in IT outsourcing and AI-driven services
Hedge fund firms are reevaluating their options with respect to in-sourcing versus outsourcing IT management, according to the results of a…
Liquidnet signs Sustainable Trading Initiative
Liquidnet, a technology-driven agency execution specialist, has become a member of Sustainable Trading, a non-profit membership network…
CloudQuant partners with SIX
Alternative Data, Research, and Technology provider, CloudQuant, has partnered with SIX, a global provider of business-critical financial…
Alveo launches Prime Cloud
Alveo, a provider of financial data management solutions, has announced the general availability of Prime Cloud, a major new release of its…
13 Sep 2022
Waterfall Asset Management names two new partners
Waterfall Asset Management has promoted Leo Wong and Keerthi Raghavan to partner from managing director. Both are based in New York office…
Court rules against hedge funds over 'unintentional' $500m Citigroup payment
A federal appeals court in the US has ruled that hedge funds should not be able to keep the roughly $500 million they were mistakenly paid…
LedgerPrime to return cash to outside investors
Crypto hedge fund LedgerPrime is planning to return all capital to outside investors while it makes the transition to a family office,…
FactSet and Alveo collaborate to provide integrated data solutions
FactSet and Alveo have agreed a new collaboration that combines their respective data and data management capabilities to provide clients…
Digital assets investments products see fifth week of outflows
Digital asset investment products saw outflows totalling $63 million last week, the fifth consecutive week of outflows, according to the…