Trading screens

Citi starts providing direct custody and clearing services in Bahrain

Citi’s global transaction services business has launched its direct custody and clearing services to clients investing in Bahrain through the Bahrain Stock Exchange.  »


Brussels

Alter Domus opens offices in Belgium and Malta

Alter Domus has opened two offices in Belgium and Malta. »


Mark Lovett, Ignis Asset Management

Ignis appoints Mark Lovett as chief investment officer – equities

Ignis Asset Management has appointed Mark Lovett as chief investment officer – equities. »


Stephen A. Schwarzman, chairman and chief executive of Blackstone

Blackstone and Patria form partnership in Brazil

The Blackstone Group and Patria, a Brazilian alternative asset manager, have formed a partnership in which Blackstone would purchase a 40 per cent stake in Patria and the two firms would agree to cooperate in building their businesses in Brazil and throughout South America. »


Peter Hughes, managing director of Apex Fund Services

Apex Fund Services opens office in Toronto

Apex Fund Services is expanding its North American fund administration services and client base with the opening of its Canada office in Toronto. »


Richard House, head of emerging market debt at Threadneedle

Threadneedle launches emerging market macro fund

Fund manager Threadneedle has launched the Threadneedle (Lux) Absolute Emerging Market Macro Fund. »


Market

Secondary market peaks as investors take advantage of slowdown

The traditional summer slowdown in August failed to materialise on the secondary hedge fund market, as Hedgebay registered its highest volume of trading for the year. »


Kevin Ashby, non-executive director, Syncova

Syncova opens New York office

Syncova, a provider of margin and financing software to hedge funds and prime brokers, has opened an office in New York. »


Computer screen

Lance Futures redesigns risk management platform

Lance Futures, a brokerage service provider in Germany, is designing a risk management platform that attempts to provide a greater choice of analytical tools for institutional investors and investment advisers. »


Nicolas Breteau, Newedge chief executive

Newedge clears USD2bn in interest rate swap futures on Eris Exchange

Newedge, a multi-asset clearing and brokerage firm, has executed and centrally cleared over USD2bn in client interest rate swaps on the Eris Exchange platform, an exempt board of trade under CFTC regulation, with clearing services provided by CME Clearing. »


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