LCH.Clearnet and the European Multilateral Clearing Facility have signed a master link agreement to achieve interoperability by November 2009. In November trading participants on Chi-X and Bats Europe will be able to choose where their UK and Swiss equity trades
Vitech Systems, a provider of software and services to the alternative asset community, has signed seven new clients to the Equitrak platform during the first half of 2009. These clients include Caledon Capital Management, IDeA Capital Funds SGR, Hauck &
Recent regulation has done little or nothing to improve stability in the financial services industry, according to a survey of nearly 300 professionals commissioned by global professionals services firm Kinetic Partners. The results of the poll show that 47% of
Dreyfus, part of BNY Mellon Asset Management, has introduced two fund of funds. The first fund, Dreyfus Satellite Alpha Fund, seeks long-term capital appreciation by allocating its assets to Dreyfus-advised mutual funds that invest in non-traditional asset classes, including commodities,
March proved to be a choppy month with geopolitical risk flaring up in Ukraine and the unexpected hawkish language from the Fed causing risk markets to react before generally recovering into month-end. Anthony Lawler, portfolio manager at GAM, notes that
Alternative investments provider Steben & Company has launched a new fund of hedge funds, the Steben Select Multi-Strategy Fund. "For 25 years, Steben has built its reputation on our ability to select and screen what we believe are some of
Eraam, a French alternative, multi-management company dedicated exclusively to European-based hedge funds, has launched Eraam Pure Alpha. The fund is dedicated to institutional investors. It seeks decorrelated and absolute performance, with an objective of eight per cent maximum volatility.
SecondMarket, a marketplace for illiquid assets, has entered into an agreement with Dow Jones to provide bankruptcy claims trading data for inclusion in the Dow Jones Daily Bankruptcy Review and its related publication, DBR Small Cap. “SecondMarket has been providing
Eze Castle Integration has launched an Emerging Managers Insight Article Series aimed at emerging hedge fund managers. It brings together expert guidance from industry insiders across prime brokerage, legal and compliance, technology and fund management. Contributors to the series
Following on from the publication of the results of the firm’s global smart beta survey back in April, which highlighted the perceptions and adoption of smart beta among nearly 200 institutional asset owners, Russell Indexes has now published further findings
