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HPC Platform changes name to NovaSparks

Mon, 07/06/2010 - 12:38

HPC Platform, a provider of data packet processing solutions, has changed its name to NovaSparks. »

Institutional

M&G launches Macro Episode Fund for institutional and discretionary investors

Mon, 07/06/2010 - 12:11

M&G has launched a Ucits III version of a global macro investment strategy employed for the Prudential life fund for the last decade. »

People shaking hands

Liontrust appoints Nick Wells as consultant

Mon, 07/06/2010 - 11:43

Liontrust Asset Management has appointed Nick Wells as a consultant to advise on business development.   »

Dermot Butler, chairman of Custom House

Custom House wins Efficient Capital mandate

Mon, 07/06/2010 - 06:34

Malta-based Custom House Global Fund Services has been appointed to act as the full service administrator of the funds managed by Efficient Capital Management of Illinois, US. »

Handshake

Sean Ruhmann joins NEPC

Mon, 07/06/2010 - 06:10

Sean Ruhmann has joined Cambridge, Massachusetts-based adviser NEPC as a senior consultant in the firm’s alternative investments research group. »

Falling index

Tumultuous month sees Ucits HFS Index down 1.08 per cent in May

Mon, 07/06/2010 - 06:02

After two positive months the Ucits HFS Index lost 1.08 per cent in May 2010 after a challenging month for the financial industry. »

Trader

NYSE Euronext sees 13.3 million derivatives contracts traded per day in May

Sun, 06/06/2010 - 16:04

NYSE Euronext set an all-time record of 13.3 million global derivatives contracts traded per day in May 2010.  »

Rama Pillai, head of intermediaries and market access at Singapore Exchange

Forty per cent of Singapore Exchange brokers to co-locate with SGX engines

Sun, 06/06/2010 - 12:11

Singapore Exchange says 40 per cent of its broking members, numerous proprietary trading firms and several vendors including crossing network operator Chi-East have chosen its new co-location service months before its first quarter 2011 launch. »

Martin Fridson, BNP Paribas Asset Management

BNP Paribas Investment Partners strengthens credit capabilities

Sun, 06/06/2010 - 11:06

Martin Fridson is joining BNP Paribas Asset Management, a US registered investment adviser, as global credit strategist within its global credit investment team.  »

Gavel

FSA levies largest ever fine of GBP33.32m on JPMorgan Securities

Fri, 04/06/2010 - 06:04

The UK’s Financial Services Authority has fined JPMorgan Securities GBP33.32m for failing to protect client money by segregating it appropriately. »

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