GTS, an electronic market maker across global financial instruments, has acquired an ownership stake in Wavelength Capital Management, a New York-based systematic investment firm. Wavelength was founded five years ago as an independent investment management firm specialising in liquid, transparent,
Backstop Solutions Group, a cloud-based productivity suite provider for institutional and alternative investors, is to acquire BarclayHedge, a provider of alternative investment data and indices. With proprietary access to the 2,200 alternative investment managers and 6,900 funds tracked by BarclayHedge,
iCapital Network has partnered with Rockefeller Capital Management (Rockefeller), an independent financial services firm offering global family office, asset management, and strategic advisory to ultra-net-worth families as well as institutional clients, to increase alternative investment options for the company’s investors.
HFR and Morningstar have launched a strategic distribution partnership with Morningstar Direct Institutional Software. HFR is a leading provider of indices, data and analysis for the hedge fund industry, and Morningstar, Inc is a leading provider of independent investment research.
Vistra has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian markets. Vistra (Mauritius) Limited opened on 02 April, following the granting of a licence to operate
Markit has acquired Data Explorers, a provider of global securities lending data, from mid-market private equity firm Bowmark Capital. Data Explorers’ data set, which covers USD12 trillion of securities in the lending programmes of over 20,000 institutional funds, provides a
Royal Bank of Canada is to acquire the 50 per cent stake that it does not already own of the joint venture RBC Dexia Investor Services Limited (RBC Dexia) from Banque Internationale à Luxembourg SA (BIL) (formerly Dexia Banque Internationale
Resolute Investment Managers (Resolute), a diversified, multi-affiliate asset management platform with more than 40 affiliated and independent relationships, is to acquire a majority interest in National Investment Services (NIS), an asset manager specialising in fixed-income strategies. With offices in Milwaukee,
MarketAxess Holdings Inc (Nasdaq: MKTX), the operator of an electronic trading platform for US and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has opened an office in São Paulo, Brazil. MarketAxess received authorisation from
Lyxor Asset Management has completed the integration of Commerzbank’s asset management activities and of its total EUR16 billion in assets under management, following the purchase of Commerzbank’s Equity Markets & Commodities business by its parent company Societe Generale Group in
