US Federal prosecutors have charged San Francisco hedge fund manager Nicholas Mitsakos with fraud, alleging that he schemed to raise money for his fund by falsely representing past performance and overstating the value of assets under management. Preet Bharara, the
Kalahari, a provider of real-time pricing and analytics software for financial markets firms, has launched a FX futures and rates service, offering traders a low cost opportunity to access observable exchange prices and benefit from real-time futures versus OTC market
Torstone Technology, a provider of post-trade securities and derivatives processing, is expanding in Europe with the appointment of Paul Phillips as head of European sales and Paul Mundy as product manager, both based at Torstone’s London headquarters. Torstone says
Alternative asset manager Mariner Investment Group has closed a USD503 million collateralised loan obligation (CLO), the third such transaction by Mariner's leveraged credit team. Mariner has now closed approximately USD1.5 billion in CLOs in the past two years.
Linedata has launched a new version of its portfolio management system, Linedata Global Hedge. Linedata Global Hedge, a core component of Linedata’s comprehensive asset management platform, provides an intuitive end to end portfolio management solution, offering managers across Europe,
Mourant Ozannes’ investment funds team has established the first five Jersey Private Funds (JPF) since the new regime came into effect last month. Introduced by the Jersey Financial Services Commission, the new JPF product has been designed to rationalise
Advent Capital Management has appointed Scott Reid to the newly created position of chief of staff and strategy. Based in New York, Reid (pictured) reports to Tracy Maitland, president, and is responsible for implementing synergistic strategies to further enhance
ACSI Funds, an asset management firm specialising in the use of proprietary customer satisfaction data as a leading indicator for security selection, has appointed exchange-traded fund (ETF) specialist Kevin Quigg as chief strategist. ACSI Funds had previously been operating under
BNP Paribas, Credit Suisse, Morgan Stanley and Societe Generale are among the latest clients to join Deutsche Bank, Goldman Sachs and JP Morgan in selecting Tradeweb’s Approved Publication Arrangement (APA) service. The Tradeweb APA allows firms to meet pre-
The US Commodity Futures Trading Commission (CFTC) is to publish proposed amendments to CFTC regulation 3.3 which would provide futures commission merchants, swap dealers, and major swap participants additional time to file chief compliance officer annual report. The proposed amendments
