A team from Guernsey is hosting a seminar next month to show a select London audience the attractions of relocating to the Island. Representatives from Butterfield Bank, KPMG Channel Islands and Guernsey estate agents Swoffers are holding the event to
NYSE Euronext has completed its acquisition of Nyfix, a provider of solutions that optimise trading efficiency, in an all-cash deal for approximately USD144m, or USD1.675 per common share without interest plus preferred stock consideration. The acquisition, which was made through
Institutional investors are turning to smart beta indexes for their investment utility, helping to achieve broader portfolio objectives such as risk reduction and return enhancement more than basic cost savings. That’s according to a new survey from Russell Investments, which
Structured investment specialist Blue Sky Asset Management has launched two growth plans offering core holding and tactical investment strategies. The plans are designed to offer investors solid investment returns potential, without the need for the underlying equity markets to rise
Daiwa Securities Global Asset Services Ireland has been appointed by Belay Partners London, to provide administration services to its new Cayman domiciled hedge fund, The Belay Master Fund, which is due to launch on the 1 December 2009. The fund
Wells Fargo’s hedge fund administration and middle-office service provider, LaCrosse Global Fund Services, has been re-branded as Wells Fargo Global Fund Services. The newly-named firm will continue to provide a complete service offering to the hedge fund administration market including
Strong performance in the last week of March, coupled with an adjustment to the GLG acquisition balance sheet, helped Man Group record statutory profit before tax from continuing operations of USD324 million (2010: USD541 million) for the year ended 31
Auriel Capital, a European equity long/short manager, has partnered with Inflection Point Capital Management (IPCM), an asset management boutique focused on sustainability solutions, to create a new joint venture, Inflection Point Partners (IPP). The new joint venture delivers an absolute
Michael Hadjedj and Stephane Mardel, the former global heads of the special situations and merger arbitrage desk at Icap in London, have launched an independent international brokerage and advisory firm, United First Partners. The brokers will lead a London-based team
Consulting and investment company Firm Economics has formed CubeLogic, a firm that combines a major offshore development centre in Brazil with a team of risk specialists. Firm Economics is owned by industry veteran David Priestley, founder of Raft International, and
