BT has completed the acquisition of IP Trade, a provider of unified communications and collaboration solutions for trading floor environments and command-and-control dispatch centres, following approval by the UK’s Competition & Markets Authority (CMA). As announced on 1 February, the
FactSet Research Systems has completed the sale of its market research business, consisting of Market Metrics and Matrix Solutions, to Asset International, a portfolio company of Genstar Capital. Upon completion of the sale on 1 July 2016, FactSet received USD165
Hatteras Funds, a provider of alternative investment solutions for financial advisors and their clients, has formed a partnership with private capital firm Portfolio Advisors to serve as sub-adviser for the Hatteras Core Alternatives Fund. In 2003, Hatteras Funds created the
Societe Generale Prime Services reports that June was a strong month for most CTA strategies, with the SG CTA Index posting the largest monthly gain since November 2014, and 90 per cent of the constituent programs contributing positive returns. All
Abacus Group, a provider of hosted cloud IT solutions for hedge funds and other alternative investment funds, has expanded its cybersecurity services with the launch of AbacusFLEX Protect. FLEX Protect provides auditing and reporting capabilities and leverages Varonis DatAdvantage, a
Broadridge Financial Solutions has appointed Eric Bernstein as president of Broadridge Investment Management Solutions. Broadridge Investment Management Solutions supports more than 225 global hedge funds, asset managers, family offices, fund administrators and prime brokers. Its modular suite of investment management
Townsend Lansing (pictured), head of ETCs, ETF Securities reports that the range of investors using exchange traded commodities (ETCs) is broadening to include retail investors. "Interestingly enough in the early days we probably saw predominantly institutional investors using them the
The Eurekahedge December report on hedge funds reveals that over November 2016 hedge funds were up 3.53 per cent for the year, posting better performance compared to a modest 1.73 per cent gain over the last year. The asset base
Activist Global, a multi-strategy hedge fund of fund manager, is planning to create a new global charity foundation named Temporary Nations aimed at supporting refugees around the world. The firm has committed to invest and allocate USD494 million into the
Last November saw BMO Global Asset Management, part of the Bank of Montreal, open the European arm of its ETF business in London. Marc Knowles (pictured), director of ETFs, BMO Global Asset Management says: "The Canadian ETF business has been
