Galtere, the USD1bn New York-based alternative investment house, has launched a European arm. The firm has appointed Werner Schuenemann to manage the new operation, which is based in Zug, Switzerland. Schuenemann has assumed the newly created role of international head
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, says it had record growth during Q2 2010 and its best monthly performance to date in Italy and Germany. SmartPool’s matched
KBC Group has reached an agreement with Daiwa Capital Markets for the sale of its global convertible bond and Asian equity derivatives businesses for a total consideration of approximately USD1bn. The price consists of approximately USD0.2bn for staff, IT infrastructure
Tracking the latest hedge fund developments across Asia Pacific Japan Fund hires Chinese economist to widen client base Funnex Asset Management Co., a Japanese fund manager, is planning to tap into Asia’s regional growth story by appointing Xiao Minjie, a
Duet Group, the financial group specialising in alternative asset management, has launched the Duet Commodities Fund. Tony Hall, chief investment officer of the fund, will be managing the fund with his team of product specialists who will be focusing on
Managed futures had a hideous month in May as markets sold off across the board amid growing fears about Europe’s financial stability, a report by Lipper Tass says. Long-term trend followers generally posted losses as a number of market trends
State Street has been selected to provide a range of hedge fund administration services for approximately USD8bn in assets managed by Anchorage Advisors. International Fund Services, State Street’s hedge fund administration company, will provide administration services such as accounting and
New analysis from data provider instiHub reveals that Europe’s sub-advised fund assets have outgrown those of the broader fund market by 45 per cent over the 12 months to September 2018. At the same time as the broad UCITS and
A selection of the most influential business leaders working in today’s financial markets converge on Jersey in September to take part in the Exchange’s second international business summit. In a wide ranging agenda, the one day Summit will tackle issues
GlobeOp Financial Services, a provider of business process outsourcing, financial technology services and analytics to hedge funds and other asset managers, had assets under administration of USD121bn at 31 May 2010, an increase of nearly 50 per cent over the
