Sterne Agee, one of the oldest and largest privately held financial services firms in the US, has closed its purchase of London-based brokerage firm Yorvik Partners, which has been renamed Sterne Agee UK. The acquisition establishes Sterne Agee's first overseas
The global mining giant Xstrata plc has confirmed that it has received an approach from and is in discussions with commodities giant Glencore International plc regarding an all share merger of equals “which may or may not lead to an
The National Futures Association (NFA) and Tullett Prebon have entered into an agreement that paves the way for NFA to perform regulatory services for Tullett Prebon’s swap execution facility (SEF). The Agreement establishes a preliminary framework for the exchange of
Punter Southall Group has taken 100 per cent ownership of fund management boutique PSigma Asset Management. PSigma Asset Management was formed in February 2007 as a joint venture – 50% owned by the founder partners and 50% by the
Victory Capital is to acquire Harvest Volatility Management (Harvest), a specialist in derivative asset management with approximately USD12 billion in assets under management (AUM) as of 31 July 2018. On the closing of the transaction Victory Capital will have approximately
Glencore is to increase the size of its existing USD1 billion share buy-back programme by an additional amount of up to USD1 billion. The duration of the programme will also be extended until the close of dealings on 20 February
SVM Asset Management, the Edinburgh based investment boutique, has launched a strategic partnership with Level E Capital, an Edinburgh based hedge fund. SVM Asset Management has made a significant level of investment in the Maya Market Neutral fund, a long
Eurofin Capital, the Lausanne and London based privately owned investment company has acquired NAU Capital, a multi-strategy hedge fund based in London. The Board of Eurofin Capital Ltd the London based FSA Authorised asset management company is pleased to announce
Alfi Rogge Partners – a new joint venture between Rogge Global Partners and Alfi Partners – has established offices for marketing and client service in both Paris and Geneva in order to develop and service its business in French-speaking Europe
JTC Group has acquired the fund administration business of the Guernsey-based Anson Group. Anson Fund Managers Limited (AFML) represents over GBP11.5bn in funds under administration and specialises in providing a wide range of support services to companies and funds.
