Guggenheim Partners, a global diversified financial services firm, has launched Guggenheim Global Trading LLC (GGT), which will invest capital on behalf of the firm, its shareholders, its affiliates and a small group of institutional investors. GGT will be based in
Citi’s economists are forecasting slower global growth, a recession in the Euro Area and further sovereign debt downgrades over the next two to three quarters. In a report released today – “Prospects for Economies and Financial Markets in 2012 and
The Commodity Futures Trading Commission has issued an order recognising Eurex Clearing as a multilateral clearing organisation.
SS&C has made a recommended cash offer for GlobeOp of 485p per share, a premium of 11.5% over the TPG offer for the company. SS&C’s offer values GlobeOp at GBP572 million and the transaction is subject to achieving acceptance from
David Miller (pictured), Partner at Cheviot Asset Management, has this afternoon Commented on the OECD’s report which has slashed global growth rates and said that Britain may slip into a modest recession, David Miller, partner at Cheviot Asset Management, says
The Chartered Alternative Investment Analyst (CAIA) Association and the Investment Management Consultants Association (IMCA) have launched the Fundamentals of Alternative Investments Certificate Programme. With alternative investments currently representing USD10trn in assets under management and liquid alternatives projected to triple by
Despite ending the second quarter on a positive note, hedge fund strategies’ performance retreated in June as global markets moved sideways, according to a report by Lipper.
GlobeOp Financial Services saw record net income of USD33.7 million in 2010, according to the company’s preliminary results for the year ended 31 December, 2010. Assets under administration (AuA) increased 37% to USD149 billion as at 31 December 2010 versus
Victory Park Capital (VPC), an alternative asset management firm that provides direct financing solutions to small cap and middle-market companies, has completed fundraising for VPC Fund II, its distressed private equity and debt vehicle, with capital commitments of approximately USD480
Newedge is to develop its clearing facilities for interest rate swaps (IRS), thus extending its leading position in central clearing. Newedge’s entrance into this space significantly expands its existing activities and complements its leadership in global exchange-traded and cleared derivatives
