Fixed income specialist BlueBay Asset Management (BlueBay) has successfully completed the implementation of SimCorp Dimension. The system now supports BlueBay's middle and back office operations across the entire investment book. Over the past six years, BlueBay has doubled in size,
CBOE Holdings expects to complete its acquisition of Bats Global Markets on 28 February, 2017. Earlier this month, CBOE Holdings received its final remaining regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA), meaning that all US and European
AX Trading has launched the AX Trading Network, a new electronic trading network (ETN) that allows institutional traders to target and trade with selected counterparties in a secure environment. "We live in a networked world," says AX CEO George O'Krepkie.
Conquest Capital’s Conquest STAR UCITS Fund, a systematic absolute return trading strategy, has launched on ML Capital’s MontLake UCITS Platform. MontLake is an independent platform for UCITS funds that provides investors with access to a range of liquid, transparent
Schulte Roth & Zabel has appointed Jason L Behrens as special counsel in the firm’s New York office. He centers his practice on the structuring, formation and negotiation of private equity and hedge funds. Behrens previously served as an associate
Despite hedge funds returning 7.40 per cent over 2016, investors continued to withdraw capital over the year, with the industry seeing overall net asset outflows totalling USD110 billion in 2016. Preqin’s latest research finds that the rate of redemptions accelerated
Borsa Istanbul has officially gone live on nine of Nasdaq's market-leading technologies including trading and clearing, settlement, market data management, index calculation, market surveillance, business intelligence, and pre- and post-trade risk management. The initial implementation is for Borsa Istanbul's equity
EBS BrokerTec, a NEX Group business that provides electronic trading technology and services to the fixed income and foreign exchange (FX) markets, is to implement Nasdaq’s SMARTS Market Surveillance technology. SMARTS Market Surveillance will be integrated within the EBS and
The demand for infrastructure funds remains evidently strong. Last year, these vehicles raised USD62.9 billion in aggregate based on figures provided by Preqin*. In Q1 2017, that number had already reached USD29.5 billion; nearly twice the amount raised in Q1
Societe Generale Prime Services has announced the 2016 constituents for the Newedge CTA, Trend, and Short-Term Traders Indices. The Newedge CTA indices are a suite of performance benchmarks, based on the largest CTA programs. The indices calculate the daily rate
