With more investors increasing allocations to private equity and other alternative asset classes, largely at the expense of traditional hedge fund offerings, alternative fund managers are examining their strategic priorities and focusing on how to develop products and prepare their
SEB is growing second fastest in Europe among prime brokerage for hedge funds, according to EuroHedge’s recently released European Prime Brokerage survey for 2009. Representing a snapshot of the hedge fund market, the EuroHedge survey places SEB as one of
F&C Asset Management has entered into a conditional agreement to acquire the Thames River Capital for consideration of up to GBP53.6m. The figure comprises initial consideration of GBP33.6m and conditional consideration of up to a further GBP20m payable in cash,
Isle of Man fund administrator Portal, a joint venture between insurance manager Thomas Miller and Boston, a multi-family office and wealth management firm based on the island, says it is
Eurex will launch a new options contract based on the EURO STOXX 50® Dividend Points (DVP) future as of 25 May 2010. This latest options product joins Eurex’s family of listed dividend derivatives and is designed to complement the underlying
MarketAxess, the operator of an electronic trading platform for US and European high-grade corporate bonds, emerging markets bonds and other types of fixed income securities, has reported an increase in total revenues for the first quarter of 2010 of 41.6
Matrix and Redux have joined forces to form Redux Research. Sudeep Singh, founding partner of Redux Research, and his team have over 50 years’ combined experience in emerging markets and will be providing emerging market currency and macro strategies. In
LCH.Clearnet has extended its SwapClear offering by clearing the world’s first 50-year interest swap trades. Market participants can now clear IRS trades denominated in USD, EUR and GBP with maturities of up to 50 years. The move brings greater efficiency
Portware, a provider of broker-neutral multi-asset trading solutions, has announced its integration with direct access broker-dealer Genesis Securities, which has become a certified destin
Life settlement product provider SL Investment Management is advising potential investors in life settlement funds to scrutinise providers’ asset valuation methodologies. SL believes that some funds have not taken into account significant longevity revisions in the last few years and
