Convergex’s Prime Brokerage business added new clients with a collective total of over USD1 billion in assets during 2016 and continues to see a steady increase in its international client base. The company says that enhancements to its Prime Services
Ultimus Fund Solutions has surpassed USD50 billion in client assets serviced. During 2016, Ultimus helped 11 advisers launch 15 new mutual funds. It also managed the conversion of 12 clients with 36 mutual funds and over 50 separately managed
2016 will be the year of haves and have-nots for hedge fund investment professionals, according to compensation data from CompIQ and performance data from HFR. The widening YTD performance gap will translate to large increases in bonuses for top-performing funds
MainstreamBPO, one of Australia’s largest independent fund administrators, has announced an after-tax profit of AUD1.4 million for the twelve months to 30 June 2017, an increase of 38 per cent over the prior corresponding period. Revenue was up 56 per
CBOE Holdings has reported net income allocated to common stockholders of USD40.3 million, or USD0.50 per diluted share, for the third quarter of 2016, compared with USD67.2 million, or USD0.81 per diluted share, in the third quarter of 2015. Last
Alternative investment platform CAIS, which provides financial advisers with access to a wide range of alternative investment strategies including, hedge funds, has reported rapid adoption of its CAIS IQ learning system.Read the full story at Wealth Adviser…
Abacus Group, a provider of hosted cloud IT solutions for alternative asset funds, has reported year-on-year growth of over 30 per cent up to the end of the third quarter of 2016. The company’s employee count also exceeded 100 as
Pluribus Labs and Huq Industries have formed a partnership which aims to bring real-time “bricks-and-mortar” retailer performance data to the institutional investor community. Through this partnership, investors can track the performance of real-world retailers and their competitors systematically and in
Global macro investment manager Hathersage Capital Management, a specialist in G10 currencies and absolute returns, has been named Best Macro CTA Fund at Hedgeweek’s USA Awards 2016 ceremony in New York. The awards were determined by the votes of Hedgeweek's
Crystal & Company, a strategic risk and insurance adviser, has been named Best North American Insurance Provider by Hedgeweek for the third consecutive year. It has also been named Insurance Firm of the Year by Finance Monthly for the second
