Northern Trust has been appointed by Anchorage Capital Group, a New York-based investment adviser, as its strategic partner for hedge fund administration. “Northern Trust’s strong commitment to client service, collaboration and efficiency, combined with their leading-edge technology, make them the
Axioma, a provider of enterprise market risk and portfolio management solutions, has appointed industry veteran George N Patterson as managing director, corporate strategy. Patterson will focus on identifying buy-side trends and market opportunities to expand the company’s footprint and accelerate
Charles River Development has signed an agreement with CenturyLink, opening up its software-as-a-service offerings to buy-side clients in Canada. "We've been broadening our hosted services since 2005, and the addition of CenturyLink's on-the-ground facilities and support assures even more clients
EEX Group has successfully novated all remaining 2018 – 2024 positions in Dry Bulk Freight FFA from LCH Ltd to its clearing house European Commodity Clearing (ECC). The novation marks yet another significant milestone in EEX Group’s strategy to expand
Carey Olsen's corporate team in Guernsey has been the first to establish a Guernsey Private Investment Fund (PIF) since the new class was introduced. Partner Christopher Anderson (pictured) led the Carey Olsen team advising specialist private investment firm Cairngorm Capital
Linedata has integrated its order management system (OMS) powered by Longview, with Integral Development Corp’s InvestorFX. Linedata’s OMS solution delivers an integrated approach to meeting the needs of the front and middle office of institutional, wealth and alternative firms, including
October was the best month of the year so far for Alternative UCITS funds with the LuxHedge Global Alternative UCITS index advancing 0.68 per cent, bringing YTD gains to 2.29 per cent. The total universe currently contains over 1400 funds,
Investoo Group, one of the world’s biggest FX affiliates, has acquired 100ForexBrokers.com in what is the group’s largest acquisition to date. 100ForexBrokers.com, launched in 2012, is one of the world’s biggest Forex broker comparison sites with 60,000+ unique visitors per
By David Young (pictured), President, Gemini Alternative Funds – Allocations to alternative investment strategies have continued to evolve as asset owners – in particular pensions, endowments and family offices – have become more knowledgeable about, and comfortable with, these strategies.
The European Energy Exchange (EEX) has acquired the remaining 12.3 per cent shareholding in French based Powernext from 3GRT and EDF. In doing so, EEX becomes the sole owner of Powernext with immediate effect. All parties involved in the transfer
