Latest News
First Names Group, a provider of trust, funds and corporate services, has appointed Pete Emery as Group Chief Operating Officer (COO). The appointment is effective immediately.
Emery, who will be based in the Group’s London office, will work closely with Group Chief Executive Officer (CEO), Cengiz Somay, and the Management Team to deliver the Group’s strategic objectives. His new role will focus on developing a global operational platform to enable First Names Group to achieve its vision for continued growth. Emery will also oversee group functions, namely: change, HR, technology services, treasury, facilities and management information.
Prior to joining the
- 09/06/2015
In this extract from the Preqin Real Estate Spotlight | June 2015, Abbie Smith examines the recent fundraising successes of private real estate funds focused on non-traditional property types, such as medical/healthcare facilities, senior homes, student housing and self-storage.
Fundraising
Preqin’s Real Estate Online contains extensive information on 131 funds which are focused solely on niche property types. Vehicles that solely target niche property have raised USD11.1 billion since 2009 (Fig 1). Fundraising was slower prior to 2013 with USD3.4 billion raised in the period, whereas since the start of 2013, more than double (USD7.7 billion) this amount has
- 09/06/2015
- 09/06/2015
Cordium, a provider of compliance consulting, accounting, tax and software to the financial services industry, has implemented Electra Data into its Compliance Employee Level Filing (ELF) platform.
Electra Data, an automated data acquisition service, eliminates the need for Cordium to establish, manage and maintain data feeds with brokers that are servicing its clients by enabling the flow of data via direct feeds managed by Electra on Cordium’s behalf. The addition of Electra Data offers an alternative solution to existing account aggregation connections, thereby delivering added value and security to Cordium’s clients, which are granted easy access to over 500 direct
- 09/06/2015
Aviva Investors has appointed Rahul Khasgiwale as a senior investment specialist based in the firm’s Toronto office.
Khasgiwale will work closely with Aviva Investors’ strategic partners and clients in North America with a focus on our multi-strategy capabilities and outcome oriented solutions.
Khasgiwale joins the team with 14 years of experience in the financial services industry. Before joining Aviva, Rahul was the Investment Director for Multi-Asset solutions at Manulife Asset Management. Prior to that, he was an Absolute Return Investment Director at Standard Life Investments focused on retail and institutional clients and consultants in Canada. Khasgiwale began his investment career
- 09/06/2015
Sky Fund LLC (Sky Fund), a regulated US asset management firm, has entered into an index advisory agreement with a European ‘A’ Rated bank by S&P and Fitch Ratings.
Sky Fund is the Index Advisor and the bank is the Index Sponsor of a new actively-managed index of liquid alternative UCITS funds called SkyRank Navigator. The index is priced by an independent pricing agent with headquarters in Frankfurt. The index is actively managed by Sky Fund and the bank is issuing a principal protected index linked note.
Sky Fund and the issuing bank have launched a 10-year note
- 09/06/2015
BCS Prime Brokerage Ltd has been granted membership on Eurex, Europe’s largest derivatives exchange and the second largest globally.
BCS Prime has become a Non-Clearing Member (NCM), which allows trading participation and provides clients access to the Eurex exchange.
Clients of BCS now have access to some of Europe’s most traded contracts such as Euro Stoxx 50 and Dax, as well as additional liquidity in Eurex’s Russian derivatives. The Eurex Exchange offers more than 1,900 products covering all major and alternative asset classes including Russian equity indexes derivatives like RDXUSD.
This only strengthens BCS Financial Group’s presence and
- 09/06/2015
Morningstar has made leadership appointments to the Morningstar Investment Management group for the Europe, Middle East, and Africa (EMEA) region.
Dan Kemp has been appointed Chief Investment Officer for Morningstar’s Investment Management group for the EMEA region. He replaces Daniel Needham, CFA, who became President and Chief Investment Officer for the Morningstar Investment Management group in January 2015. The company has also appointed Robin Johnson, CFA, as Head of Portfolio Management, EMEA. Both appointments are effective immediately.
Kemp and Johnson each bring almost two decades of investment experience to their new roles. Kemp joined Morningstar in 2014 as co-Head
- 08/06/2015
Last week US Treasury bond and German bund yields spiked, both hitting a new 2015 high. On Thursday, 10-year German rates reached 1.0% before losing ground later in the day. Intraday volatility reached record highs and according to hedge fund managers, the main driver behind the moves in the fixed income markets is the lack of liquidity. Brokers and dealers hold a small and shrinking percentage of the Treasury market.
- 08/06/2015
Pioneer Underwriting Limited has launched its Zero Capital AIFMD Investment Management Insurance Policy enabling full capital relief from the 'other funds' provision of the Alternative Investment Fund Managers Directive (AIFMD).
Current policies which meet the requirements of the directive, do not typically address the requirement that the policy excess be held as additional capital. Pioneer’s Zero Capital AIFMD Investment Management Insurance Policy, solves this problem by affording a nil excess for the first loss, requiring no additional capital to be held at the outset of the policy.
Richard Coello Head of Financial Institutions Underwriting at Pioneer, says: "I’m pleased
- 08/06/2015
In today’s increasingly complex and evolving regulatory environment, fund managers expect their providers to have a sophisticated risk management framework that meets global, regional and local standards.
“The reality is we are facing increasingly risk-conscious clients who are very aware that when it comes to governance and controls, small leaks can sink big ships,” says Raj Purmessur (pictured), Head of Fund Services Bangalore, part of the Investor Services business in Deutsche Bank’s Institutional Cash & Securities Services unit. “Our business processes, technology and staff are regularly assessed to ensure we meet today’s regulatory obligations – this goes a long way to increasing
- 08/06/2015
Special Reports
FeatureD
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
- Intel
- April 11, 2024
- Intel
- April 10, 2024
