Pacific Fund Systems (PFS), a provider of fund accounting and transfer agency administration software via its PFS-PAXUS application, has made two senior appointments to its European-based executive team. Kelly Ashe, who has joined the team as the sales and marketing
The European Energy Exchange (EEX), part of Deutsche Börse Group, has closed on its acquisition of Nodal Exchange. Through this acquisition, EEX Group enters the North American energy trading markets, thereby expanding its global presence and membership base in line
Boutique asset manager Unigestion has moved its London-based staff into new London headquarters in Stratford Place, W1. Since the beginning of 2016, Unigestion’s London team has increased from 25 to 40 people as the UK has become Unigestion’s largest non-domestic
Eze Software Group has enhanced its Eze Portfolio Accounting module with a Reconciliation Summary dashboard. The tool provides a view of all reconciled and unreconciled positions, transactions and cash balance grids to help funds better automate the reconciliation process and
The Chicago Board Options Exchange (CBOE) plans to list S&P 500 Index (SPX) Monday-expiring Weeklys options, beginning 15 August 2016, pending regulatory approval. With the expected introduction of SPX "Monday Weeklys," CBOE will now offer SPX options with Monday, Wednesday
Cohen & Steers is to launch the Cohen & Steers SICAV Global Preferred Securities Fund as part of its Luxembourg UCITS platform on 15 May 2017. Cohen & Steers has been investing in the preferreds market for more than a
State Street Corporation has agreed to participate in a pilot programme to test DTCC-Euroclear GlobalCollateral’s Margin Settlement Messaging Service. Powered by Margin Transit Utility (MTU) technology, GlobalCollateral’s Margin Settlement Messaging Service has been developed to provide straight-through-processing for the settlement
The global hedge fund industry returned an average of +0.86 per cent in June and finished up the second quarter at +2.09 per cent, according to the June/2Q 2016 eVestment Hedge Fund Performance Report. The overall positive returns for hedge
A record high of 251 fundraising and marketing professionals were hired by alternative asset management firms in the first quarter of 2017, according to data from the Context Jensen Partners’ Q1 2017 newsletter. Context Jensen Partners (CJP) is a global
Total assets managed by the top 100 alternative investment managers globally reached USD3.6 trillion in 2015, up 3 per cent on the prior year, according to research produced by Willis Towers Watson. The Global Alternatives Survey, which covers ten asset
