Charles River Development, provider of the Charles River Investment Management Solution (Charles River IMS), is to be acquired by State Street Corporation (STT). The acquisition, which is subject to regulatory approvals and customary closing conditions, is expected to be completed
JTC Group has formed alliance partnerships with two firms within the EU to widen its geographical reach. The alliances are with Trust Company Amsterdam in the Netherlands, which has a strong focus on corporate structuring work, and Aspen Trust Group
The global hedge fund industry ended a volatile 2018 in the red, with aggregate performance for December at -2.15 per cent and for the year at -4.86 per cent, according to the latest eVestment hedge fund performance data. December’s negative
Alternative investment group Tages is to acquire a stake in VAM Investments, a private equity investment holding company specialising in growth capital and buyouts. This strategic partnership marks Tages’ entry into the private equity sector as it continues to grow
Markov Processes International (MPI), a provider of investment research, technology, analytics and indices for the global investment management industry, has released the Stylus Pro 11.4, the latest version of its flagship investment analytics software. The firm writes that new release
OpenInvest, a digital investment advisor for socially responsible investing, has raised USD10.4 million in a Series A funding round led by QED Investors, with additional participation from Andreessen Horowitz (who led OpenInvest’s previous venture round in 2017) SYSTEMIQ, Wireframe Ventures,
The Eurekahedge Hedge Fund Index was down 3.85 per cent in 2018, outperforming the MSCI AC World Index (Local) which declined 10.18 per cent over the year. Throughout the year, the global hedge fund industry saw performance-based losses and net
Amiral Gestion, an independent asset management firm which bases its investment philosophy on value investing, has joined the Group of Boutique Asset Managers, GBAM. GBAM is an international grouping of small and medium-sized specialist asset management firms who share the
Thornburg Investment Management (Thornburg), a global investment firm with USD41 billion in assets under management, has launched the Thornburg Long/Short Equity Fund, a UCITS fund domiciled in Dublin, Ireland. 

 The fund is based on an investment strategy launched in
The FCA has released a statement on the selling high-risk speculative investments to retail clients following ESMA’s action on CFD products… In June 2018, the European Securities and Markets Authority (ESMA) finalised temporary measures to restrict the sale, marketing and
