Investors redeemed a net USD20.70 billion from hedge funds in June, bringing Q2 net flows to negative USD10.68 billion and H1 2016 net flows to negative USD27.95 billion, according to eVestment’s latest Hedge Fund Industry Asset Flow Report. As a
Corporate credit specialist Muzinich & Co has added to its UK private debt team with the recruitment of Grant Davidson (pictured) as Director. Davidson joins the firm from Investec where he was Senior Origination Director for growth and acquisition finance,
FlexTradeSystems, a specialist in multi-asset execution management systems, has recently opened an office in Frankfurt am Main, Germany. Frankfurt is the heart of the German financial sector and is right at the centre of Europe. Based in the same building
Management and technology consultancy BearingPoint has enhanced its ABACUS/Transactions product, a module-based standard software solution for transaction reporting, by incorporating an MiFIR module to facilitate compliance with the regulatory reporting requirements under MiFID II/MiFIR. The revised Markets in Financial Instruments
TORA, a provider of cloud-based order and execution management system (OEMS), has launched the TORA Ticketing solution, which provides advanced pre- and post-trade allocation, trade reconciliation, commission management and investment book of records (IBOR) functionality. The new solution is available
Listed options volume climbed in June to its highest level in 10 months after a stock market swoon on the heels of the United Kingdom’s decision to leave the European Union, accordoing to data released by TABB Group. Volume in
Medley Management, an alternative asset management firm, has appointed Christopher D Allen as a senior managing director and head of structured credit. Allen was previously a founding partner at CVC Credit Partners, a global investment manager. He co-founded Apidos
The ability for traders to see the full depth of the order book on an exchange not only proffers greater insight and transparency on the supply and demand of individual stocks, it allows them to enhance their trading strategies, not
Global Prime Partners has relocated to larger offices to accommodate growing business lines, rebranded as GPP and launched a new website. To date, 2017 has been all about growth and evolution at GPP. Demand for its core services – prime
The Depository Trust & Clearing Corporation (DTCC) has appointed Lisa A Pollina (pictured), former Vice Chairman for RBC Capital Markets, a division of the Royal Bank of Canada, to its Board of Directors. Pollina has joined the Board’s Audit Committee,
