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Susan Clark, Heritage

Susan Clark joins Heritage’s international funds business

Wed, 03/11/2010 - 07:12

Susan Clark has joined Heritage International Fund Managers as head of fund administration, responsible for the delivery of the company’s fund administration services as well as coordinating growth overseas. »

Iraq flag

Global Capital Partners launches Iraq Fund

Wed, 03/11/2010 - 06:20

Abraham Merchant and Kenneth Kuhn, managing directors of Global Capital Investments, have launched the Iraq Fund. »

Chicago

TradeStation Prime Services hires John Kenealy in Chicago

Wed, 03/11/2010 - 06:07

TradeStation Prime Services, a division of Tradestation Securities, has added John Kenealy to its prime services team. »

Confusion

Industry unprepared for the AIFM Directive, poll suggests

Wed, 03/11/2010 - 05:59

The UK asset management industry needs to considerably ramp up its plans for responding to the Alternative Investment Fund Managers Directive as only two per cent of the industry currently has a plan in place that is being implemented. »

Duncan L. Niederauer, chief executive of NYSE Euronext

NYSE Euronext reports net income of USD128m for Q3

Tue, 02/11/2010 - 16:01

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 USD125m, or USD0.48 per diluted share, for the third quarter of 2009. »

Jon Pollowitz, IAM

IAM boosts New York team with analyst hires

Tue, 02/11/2010 - 14:28

International Asset Management, a fund of hedge fund investment manager, has appointed Jon Pollowitz as investment analyst and Stephen Bienashski as junior investment analyst, both based in IAM's New York office. »

Japanese flag

J.P. Morgan appoints head of treasury and securities services in Japan

Tue, 02/11/2010 - 13:00

J.P. Morgan has appointed Hans Janssens as the head of treasury and securities services in Japan. »

Liquid

Andy Stewart joins Credit Suisse as head of liquid alternatives

Tue, 02/11/2010 - 12:06

Credit Suisse has appointed Andy Stewart to the asset management division as managing director and head of the liquid alternatives business, effective 1 December 2010. »

Glenn Lesko, chief executive for Instinet in Asia

Instinet launches algorithmic suite in Asia Pacific

Tue, 02/11/2010 - 12:02

Instinet, a provider of electronic trading and agency-only brokerage services, has launched its Execution Experts suite of algorithms in Asia. »

Market

Average daily volume of 9.2 million contracts at Eurex and ISE in October

Tue, 02/11/2010 - 11:07

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 October 2009. »

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