CME Group Inc (CME) has reported revenue of USD814 million and operating income of USD470 million for the fourth quarter of 2015. Net income was USD292 million and diluted earnings per share were USD0.86. Adjusted for non-recurring items, net income
Low volatility net asset value (LVNAV) money market funds (MMFs), a new fund category introduced as part of a new regulatory reform of the sector in Europe, will likely attract a large chunk of the almost EUR600 billion in assets
Guernsey's funds sector is well-placed ahead of the activation of the Island's 'third country' passport, delegates at a Guernsey Finance-hosted ‘funds masterclass’ in London has heard. Approximately 300 delegates were in attendance on Wednesday [3 February] to hear a panel of
Bauer, the Italian high-end hotel group, and Blue Skye Investment Group, a special opportunity fund, have completed the reorganisation of Bauer’s EUR110 million debt, through a debt rescheduling and refinancing. Bauer has employed a new four-year senior secured bond issuance,
Capita Asset Services is working with Irish fintech start-up, Fund Recs, to automate its cash and portfolio reconciliation process. The cloud-based software will automatically reconcile broker and custodian data to Capita’s fund accounting system, InvestOne Enterprise. Clients will benefit from
Gondor Capital’s two hedge funds continued to outperform in May firms’ domestic hedge fund Gondor Partners, LP climbing 9.68 per cent through May (+1.26 per cent MTD), beating its benchmarks, with the S&P 500 gaining 8.66 per cent and HFRX
STOXX Limited has launched the STOXX Low Carbon index family which consist of four sub-families offering varying degrees of carbon exposure enabling market participants to limit the exposure of their portfolios to carbon risk while participating in the low-carbon economic
CBOE Futures Exchange has reported that average daily volume (ADV) last month was up 19 per cent from January 2015 and 32 per cent higher than in December 2015. Exchange-wide total volume also rose in January, up 13 per cent
The value of non-Treasury debt listed on The Warsaw Stock Exchamnge’s Catalyst debt market reached PLN81.8 billion at the end of Q4 2016, the markets highest ever value, according to a new Grant Thornton report. In addition, the report reveals
Options has partnered with Observable Networks, a specialist in security analytics, to provide dynamic endpoint modelling for client networks. Observable’s Dynamic Endpoint Modelling analyses all network endpoint devices in order to help identify early-stage indicators of suspicious behaviour and potential
