GLAS, an independent provider of finance administration services, has launched in the US, with Daniel R Fisher appointed to the helm of its New York-based office. The move is designed to capitalise on the new opportunities arising in the US
UK active funds transaction fees have dropped by 20 per cent since 2014 while portfolio turnover stayed relatively stable over the same period according to independent fund research company, Fitz Partners. The average portfolio turnover of UK domiciled active equity
Managed futures traders lost 1.19 per cent in December according to the Barclay CTA Index compiled by BarclayHedge. The Index was down 1.43 per cent in 2015. “European Central Bank easing in December fell short of investor expectations, and markets
The SS&C GlobeOp Forward Redemption Indicator for January 2016 measured 2.31 per cent, down from 4.98 per cent in December. "SS&C GlobeOp's Forward Redemption Indicator came in at 2.31 per cent for January 2016, down from 4.98 per cent for
The LoCorr Market Trend Fund has passed the USD1 billion mark in net assets this month, just 18 months after its launch on 1 July, 2014. Based on total returns, the LoCorr Market Trend Fund Class I, ranked in the
Hedge funds were up 0.33 per cent in May with 2017 year-to-date gains coming in at 3.28 per cent, according to the June 2017 EurekaHedge Report. Investor appetite for hedge funds has picked up pace since the start of the
JC Flowers & Co is to acquire Chi-X Australia, Chi-X Japan and Chi-Tech Hong Kong. Financial terms of the transaction, which is expected t close in Q1 2016, have not been disclosed. Tal Cohen (pictured), CEO of Chi-X Global, says:
Financial technology group ayondo has expanded its product portfolio with the launch of Bitcoin trading, allowing its clients easy access to the price movement of Bitcoin without the need to open up an e-wallet to purchase bitcoin on the internet.
Intercontinental Exchange has reported a new daily volume record of 3.35 million contracts for the Three Month Sterling (Short Sterling) futures contract set on 15 June, 2017. The previous record was 2.89 million contracts set in June 2014. On 13
Intercontinental Exchange’s (ICE) ICE Futures US achieved daily volume records in cocoa futures and cocoa options with 87,195 contracts and 29,211 contracts traded respectively on 20 January, 2016. The previous record for cocoa futures was set on 6 June, 2013
