Todd W Betke has joined K&L Gates from Pepper Hamilton as a partner in the firm’s Washington DC office. Betke focuses his practice on commercial, legal, and regulatory issues surrounding private equity, venture capital, and hedge fund formation, as well
Exchange turnover in investment products and leverage products increased on Europe’s financial markets in the first quarter of 2017. Compared with the fourth quarter of 2016, turnover rose by 8.0 per cent to EUR30.5 billion. However, this still represents a 9.0 per cent
Exchange traded fund sponsor and asset manager WisdomTree has launched the WisdomTree Dynamic Long/Short US Equity Fund (DYLS) and WisdomTree Dynamic Bearish US Equity Fund (DYB) on the BATS Exchange. DYLS offers a stock selection strategy designed to add alpha
IHS Markit is partnering with OpenText, a specialist in Enterprise Information Management (EIM) to allow Counterparty Manager users to use OpenText’s Perceptiv Contract Analysis to automatically digitise and extract key terms from documentation. Tighter integration of IHS Markit and OpenText
Japan is host to some of the largest pools of institutional investment assets in the world. It ought to be a magnet for asset managers of all kinds, and especially for the alternative investment managers that are garnering substantial shares
Cowen has completed its acquisition of Convergex Group for a total consideration of USD100.7 million (including seller transaction expenses) and is comprised of USD53.1 million in cash and USD47.6 million in Cowen common stock. Effective today, Convergex has been
Vineer Bhansali has formed LongTail Alpha, a new investment management advisory firm that will provide qualified investors with the opportunity to benefit from the experience of one of the most accomplished tail risk experts in the financial industry. LongTail Alpha
Cowen, following the closing of its acquisition of Convergex Group (Convergex), has made the strategic decision to discontinue the Millennium ATS midpoint matching offering. Millennium’s Form ATS has been amended to reflect this change and all subscribers and trading partners
The US Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad has signed a Memorandum of Understanding (MOU) with Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer Ashley Alder regarding cooperation and the exchange of information in the supervision
The Grand Court of the Cayman Islands has ordered that redemption payments made to an investor of the failed Weavering Macro Fixed Income Fund prior to the commencement of its liquidation are to be repaid. The Court ruled that the
