Global advisory, fund administration and fiduciary services firm Maitland has acquired 100 per cent of Phoenix Fund Services, a UK based company offering bespoke outsourced fund administration services to investment managers in the UK and offshore. The deal boosts Maitland’s
Liquid Holdings Group has signed a joint marketing agreement with ConvergEx Prime Services, the prime services division of ConvergEx Group. Under the terms of the agreement, ConvergEx Prime Services will offer the Liquid platform as an option to its broad
CBOE Holdings is planning to launch options on the MSCI Emerging Markets and MSCI EAFE Indexes on Tuesday, 21 April. The ticker symbols will be MXEF and MXEA respectively. Under an agreement with MSCI, announced in December 2014, options on
Trustee Executors Limited (TEL), a New Zealand-based provider of third party administration for financial services, has selected SS&C's reporting solution, Pages. SS&C will support reporting on TEL's 585,000 individual client accounts with more than $94 billion in assets. TEL, a
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2015 measured 1.30%, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.14% in April. “The negative CMI for April reflects the
The Lyxor Hedge Fund Index was up +0.7% in March. Six out of 12 Lyxor Indices ended the month in positive territory, led by the Lyxor CTA Long Term Index (+3.8%), the Lyxor LS Equity Long Bias Index (+2.4%), and
Credibility Capital, a marketplace lender focused on prime credit small business borrowers, has launched its online lending platform at www.CredibilityCapital.com. New York-based company seeks to close a critical gap in small business lending, providing affordable financing solutions to businesses many
Sciens Alternative Investments and PVE Capital have launched the PVE European Distressed Fund I, a closed ended fund that has invested in a portfolio of Italian Non-Performing Loans (NPLs) with a gross book value of EUR408m. The portfolio of NPLs
Following a strong Q1, hedge funds have kept performing as we move to the next quarter. The Lyxor Hedge Fund Index is up 0.4% over the week with all but one strategy closing the week positive. A disappointing job report
Aquis Exchange is introducing a new order type – Market at Close (MaC) – that allows its Members to enter orders for matching on the Aquis Exchange platform at the closing price of the market-of-listing end-of-day auction. This initiative is
