NYSE Euronext has sold a significant minority ownership stake in its US futures exchange, NYSE Liffe US, to six firms: Citadel Securities, DRW Ventures, Getco, Goldman Sachs, Morgan Stanley, and UBS. NYSE Euronext will continue to be the largest shareholder
Palmer Square Capital Management, an investment management firm that provides portfolios of structured credit, corporate credit and hedge fund strategies, has closed on its third collateralised loan obligation (CLO). Palmer Square CLO 2014-1, which closed on 5 June 2014, is
Hedge funds posted an estimated inflow of USD7.1bn, or 0.5 per cent of assets, in January 2010, according to research by TrimTabs Investment Research and BarclayHedge. Total hedge fund assets stand at USD1.5trn, up 23.6 per cent from the April
SEI has been selected by AlphaOne Capital Partners to provide a complete outsourcing solution, including middle and back office services, for the firm’s portfolio of investment products. AlphaOne, an equity money management firm founded by former Gartmore chief executive Paul
Auriel Capital, an asset management firm specialising in absolute return strategies, is launching a market neutral fund called Auriel UK Equity Fund. The new hedge fund comprises both long and short investments in FTSE 100 companies. The fund complements
Hedge funds are increasing their short bets on US rates as the flow of economic data improved and inflation figures edged higher, according to Philippe Ferreira, head of research at Lyxor’s managed account platform. Moderate price pressures materialised recently (PCE
Edelgard Beister, director of Vega Asset Management Holdings, has reported improvement across all Vega’s funds in February 2010. The net returns for February 2010 are as follows: Vega Global: 1.14 per cent (year to date: 2.95 per cent); Vega Select
Sturgeon Ventures has seen the number of inquiries from City workers looking for help to set up their own businesses rise ten-fold in the last three months. Sturgeon, which specialises in helping entrepreneurs establish start-up financial services businesses in the
Alter Domus, a provider of outsourced administration services, has opened an office in Mauritius. Alter Domus (Mauritius) is a joint venture established between the Alter Domus Group and Altima Group, a Mauritius-based conglomerate. The new office will provide corporate management
RBC Capital Markets has launched the RBC Total Return US Treasury Index, a benchmark index for investors in US Treasuries with bonds rebalanced on a daily basis. The index, also known as RBC Trust, is the only US Treasury index
