BT has completed the acquisition of IP Trade, a provider of unified communications and collaboration solutions for trading floor environments and command-and-control dispatch centres, following approval by the UK’s Competition & Markets Authority (CMA). As announced on 1 February, the
FactSet Research Systems has completed the sale of its market research business, consisting of Market Metrics and Matrix Solutions, to Asset International, a portfolio company of Genstar Capital. Upon completion of the sale on 1 July 2016, FactSet received USD165
Societe Generale Prime Services reports that June was a strong month for most CTA strategies, with the SG CTA Index posting the largest monthly gain since November 2014, and 90 per cent of the constituent programs contributing positive returns. All
Townsend Lansing (pictured), head of ETCs, ETF Securities reports that the range of investors using exchange traded commodities (ETCs) is broadening to include retail investors. "Interestingly enough in the early days we probably saw predominantly institutional investors using them the
The Eurekahedge December report on hedge funds reveals that over November 2016 hedge funds were up 3.53 per cent for the year, posting better performance compared to a modest 1.73 per cent gain over the last year. The asset base
Last November saw BMO Global Asset Management, part of the Bank of Montreal, open the European arm of its ETF business in London. Marc Knowles (pictured), director of ETFs, BMO Global Asset Management says: "The Canadian ETF business has been
Azabu Value Partners (Cayman) has launched the Azabu Value Master Fund, a Japan-focused fundamental equity long/short strategy under the umbrella of Rogers Investment Advisors. The fund is managed by June-Yon Kim and Oleg Zuravljov, former Fidelity Japan colleagues with nearly
BlackRock has launched the UK Strategic Alternative Income Fund, which provides UK defined benefit (DB) pension schemes with access to a range of alternative income sources in one portfolio. The fund arrives at a time when pension schemes are increasingly
Fortress Investment Group is to acquire a significant portion of a EUR17.7 billion portfolio of non-performing Italian loans from UniCredit. At closing, the UniCredit transaction will represent the largest ever non-performing loan (NPL) transaction in Europe. Fortress began investing
Northern Energy Capital (NEC) and Roundtable Capital Partners have completed the initial closing of NEC Fund I Canadian at approximately USD45 million. The fund will be wholly focused on investing in oilfield services and related industrial businesses in Canada.
