Alternative Ucits funds saw a 70 per cent growth in net new flows in 2010 to September, and are on track to finish 2010 with EUR33bn net new inflows. This accounts for 15 per cent of total net inflows into
Barrick Gold Corporation’s shareholders have voted to approve the issuance of Barrick common shares in connection with the Merger of Barrick and Randgold Resources Limited (Randgold), and the continuance of Barrick to the Province of British Columbia under the Business
Intertrust Group Holding SA has reached agreement with Walkers Global on the acquisition of its subsidiary Walkers Management Services (WMS), a provider of corporate, company secretarial and fiduciary services. WMS provides corporate, fiduciary and company secretarial services from the
Trafalgar Capital Management, the London based hedge fund manager, has teamed up with industry veteran Chris Poil to launch its first Ucits regulated vehicle, the Trafalgar Quadrant Fund. The fund, a European long/short Ucits equity fund, predominately invests in UK
Skandia Investment Group has added the Liontrust Credit Absolute Return Fund to a number of its portfolios in an investment worth GBP19m. The fund, managed by Simon Thorp and James Sclater, is a Ucits III absolute return fund focused on
Kinetic Partners has joined forces with the London Stock Exchange Group’s UnaVista to offer a full-service transaction reporting solution. The partnership will offer a complete solution to both Kinetic Partners and UnaVista’s clients and other MiFID investment firms, including regulatory
Electronic US Treasuries (UST) trading venue LiquidityEdge has announced record trading volumes during October 2018. Average daily trading volumes reached USD15 billion, whilst on 3 October, participants traded over USD22 billion in US Treasuries across both on-the-runs and off-the-runs.
LiquidX, a global network for illiquid assets, continued its rapid expansion in the third quarter, as the firm added new market participants, new products and new technology. The quarter was capped by a 43 per cent increase in September volume
BATS Global Markets and Direct Edge completed their merger on 31 January, creating one of the world’s largest stock exchange operators. In January, combined US market share of the BATS and Direct Edge exchanges reached 20.54 per cent compared to
Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has completed the acquisition of Hedgepoint Solutions, a boutique IT consulting firm based in New York City. “Abacus Group has been doing some amazing things
