Following Financial Conduct Authority (FCA) approval, Lord Livingston of Parkhead has been appointed as a non-executive director of Man Group, effective 1 January 2016. Lord Livingston will, subject to his reappointment as a director at the Company’s 2016 Annual General
MarketAxess is ending the year on something of a high after reporting a new daily volume record in high-yield (HY) trading of approximately USD1 billion on Friday, 11 December, 2015. Recent market volatility has also driven an increase in estimated
A new report from Grant Thornton, entitled ‘The future of growth and the asset management industry: Disruptive forces rewrite the solution for hedge fund success’, finds that investors are demanding that hedge fund managers find alpha that exceeds market performance,
Emerald Asset Management and Beltraith Capital, investment holding companies with approximately USD5.8 billion in assets under management, have teamed up to form EmStone Advisers. The companies say that EmStone combines the experienced portfolio management teams from Beltraith subsidiary StoneRidge PMG
Eze Software, a provider of investment management technology, is investing in its EMEA operation and has appointed David Quinlan (pictured), an 18-year veteran of Eze Software, Executive Managing Director, EMEA. Quinlan will be leading EMEA business development, sales and client services
The Railways Pension Trustee Company (Railpen), the GBP21 billion pension fund for UK rail workers, has been unwinding its exposure to hedge funds. And it’s not the only European private sector pension fund to be doing so, according to Preqin.
Liquidnet has appointed Takis Christias as head of trading strategies EMEA. Takis brings more than 20 years of experience in quantitative analysis and trading strategies and will be responsible for the continued build out of the electronic execution offering
Hedge fund launches and liquidations both increased in Q3 2015, as energy commodities and equities posted sharp declines, and high yield credit spreads began to widen, according to HFR's latest Market Microstructure Report. Hedge fund liquidations totalled 257 in Q3 2015,
IHS Markit has launched the Emirates NBD Markit iBoxx USD Sukuk Index in collaboration with Emirates NBD, the Dubai-headquartered bank. The index provides an objective and transparent benchmark for investors in USD sukuk (bonds that conform with Islamic finance
Martin Shkreli, the founder and managing member of hedge funds MSMB Capital Management LP (MSMB Capital) and MSMB Healthcare Management LP (MSMB Healthcare) and former Chief Executive Officer of Retrophin Inc has been charged with fraud. Evan Greebel, a former
