GAMCO Investors Inc announced that its advisory subsidiary, Gabelli Funds L
Fairtree Asset Management (Pty) Ltd, a multi-strategy alternative and long only investment manager established in 2003, has selected Prescient Fund Services Ireland as the UCITS Management Company and Fund Administrator for its first Irish UCITS fund. The Fairtree Global Flexible
EEX Group significantly increased its sales revenue and annual net profit in 2018 achieving the best corporate result in its history so far. On the power market, EEX Group again recorded the biggest power trading volume worldwide. On the markets
Aegon Asset Management has made two new hires to strengthen its now 14-strong global responsible investment team. Brunno Maradei joins Aegon Asset Management as Global Head of ESG based in The Hague, the Netherlands and Julius Huttunen joins the company
Leucadia National Corporation (NYSE: LUK) and Jefferies Group have approved a definitive merger agreement under which Jefferies’ shareholders (other than Leucadia, which currently owns approximately 28.6% of the Jefferies outstanding shares) will receive 0.81 of a share of Leucadia common
RiverCrest Capital, the absolute return fund management business established by Sir John Beckwith’s (pictured) Pacific Investments in 2011, has rolled out its second offering with the launch of the European Equity Alpha Fund. The Fund’s objective is to achieve consistent
US Bancorp Fund Services, a subsidiary of US Bancorp (NYSE:USB), has agreed to acquire AIS Fund Administration (AIS), a provider of fund administration and related services to alternative investment managers. The transaction adds approximately USD25 billion in hedge fund
One-year-old startup the Diamond Standard Co has launched the world’s first fungible diamond commodity product – a universal asset to secure any digital transaction. “Diamonds are a valuable natural resource, but unusable by institutional investors. Unlike gold and platinum, each
eVestment, a provider of institutional investment data and cloud-based analytic solutions, has acquired PerTrac, a provider of hedge fund analysis software and workflow solutions, and Fundspire, a cloud-based technology provider of hedge fund analytics. Terms of the deals have not
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 207.1 TWh in April 2019 (April 2018: 146.4 TWh). The spot segment reported a total volume of 125.5 TWh which represented a 60 per cent increase
