Koger has enhanced its Kure software with new functionality focused specifically on the management of risk-based compliance, in direct response to increased due diligence and anti-money laundering (AML) and know your client (KYC) procedures around the world. Kure is a
FlexTrade Systems, a specialist in multi-asset execution management systems, has opened a representative office in Sydney, Australia. With the proposed increases in superannuation contributions there will be an increase in assets under management (AUM) being handled by money managers and
Azabu Value Partners (Cayman) has launched the Azabu Value Master Fund, a Japan-focused fundamental equity long/short strategy under the umbrella of Rogers Investment Advisors. The fund is managed by June-Yon Kim and Oleg Zuravljov, former Fidelity Japan colleagues with nearly
Neudata has appointed Stephen Morse as an adviser for the US market. Morse (pictured) will assist in bringing Neudata’s alternative data intelligence platform to hedge fund managers and other institutional investors based in the US. Morse, who will be
Cayman based alternative fund governance specialist Danesmead Partners has appointed former Soros Fund Management chief financial officer (CFO) Tracie Ahern as a director and principal of the firm. Ahern (pictured_ will be based in New York and will serve as
Seven defendants, all formerly affiliated with USD1.7 billion New York-based hedge fund Platinum Partners, have been charged in connection with an alleged USD1 billion investment fraud. The indicted individuals are: Mark Nordlicht, the founder and chief investment officer of Platinum;
Hawksford, the international corporate, private client and funds business, has appointed an accounting specialist with 12 years’ industry experience as an associate director. Bobby Stirling will have oversight of Hawksford’s client accounting team and, working closely with senior staff, will
When it comes to cybersecurity, the list of potential gaps is expansive ranging from technology to human. To help identify where your firm may be lacking, here is a list of the top 10 most commonly identified gaps found during
BlackRock has launched the UK Strategic Alternative Income Fund, which provides UK defined benefit (DB) pension schemes with access to a range of alternative income sources in one portfolio. The fund arrives at a time when pension schemes are increasingly
Fortress Investment Group is to acquire a significant portion of a EUR17.7 billion portfolio of non-performing Italian loans from UniCredit. At closing, the UniCredit transaction will represent the largest ever non-performing loan (NPL) transaction in Europe. Fortress began investing
