The European Securities and Markets Authority (ESMA) has issued an Opinion in response to a letter sent by the European Commission (Commission) asking to amend its draft RTS 20 under the Markets in Financial Instruments Directive (MiFID II) and Regulation
ALTIN AG has revealed the agenda for its forthcoming Extraordinary General Meeting (EGM), which is due to be held on 21 June at the request of Alpine Select AG and Absolute Invest AG (collectively, Alpine Select). Alpine Select directly and
Ada Investments, a research-driven investment manager offering alternative equities-based investment programs to institutional investors, is to be acquired by 55 Capital, a newly formed ETF-focused asset manager. The transaction is expected to be completed by mid-June 2016. Ada Alternatives, the
The ‘USD1 billion Club’ of firms holding at least USD1 billion in assets has grown by 98 firms over the past year, and now accounts for 12 per cent of all hedge fund managers, according to Preqin’s latest hedge fund
The US CFTC has approved a supplement to its December 2013 position limits proposal that will modify the procedures for persons seeking exemptions from speculative position limits for non-enumerated bona fide hedging. The proposal would also define procedures for
OppenheimerFunds has formed a strategic partnership with Macquarie Investment Management, a division of Macquarie Group Limited (MQG), to launch the Oppenheimer Macquarie Global Infrastructure Fund. The Oppenheimer Macquarie Global Infrastructure Fund seeks total return. The mutual fund seeks to offer
STOXX Ltd, operator of Deutsche Boerse Group’s index business, and a global provider of tradable index concepts, has extended the STOXX Select and STOXX Diversification Select index families that were introduced in October 2015. The newly launched indices combine investment
Bloomberg has launched the Entity Exchange platform, a web-based, centralised and secure solution that enables buy-side firms to provide entity data and documentation to their trading counterparties. Entity Exchange eases the process of opening new trade accounts for the buy-side,
Neptune, the open standards network utility for pre-trade indications in bond markets, has completed connectivity to Fidessa's buy-side OMS platform to distribute high quality pre-trade data to assist the buy-side with liquidity and price discovery utilising their existing workflows. With
American Century Investments has expanded its liquid alternatives offering with the launch of the AC Alternatives Long Short Fund, the second multi-manager fund to be launched under the firm's AC Alternatives brand. The new fund uses an open architecture subadvisor
