Ultimus Fund Solutions has been chosen to provide a full range of mutual fund services for the Caldwell & Orkin Funds. Ultimus will service the Caldwell & Orkin Market Opportunity Fund, an alternative long/short equity fund. “We continue to
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Joe Latini as executive director of relationship management. Latini (pictured) will be responsible for managing relationships with existing clients across MUFG Investor Services’ alternative asset
Alternative fund managers who wish to avoid the limitations of running ’40 Act mutual funds, and the risks that come with having to constantly provide daily liquidity, are turning their attention to closed-end interval funds. UMB Fund Services has a
Quantopian, the investment management firm that provides a free online platform to write investment algorithms, has made allocations of tens of millions of dollars to some of the best of its crowd-sourced algorithms. The allocations range from USD100,000 to USD3
Franklin Templeton Investments has held the soft launch of the FTIF Franklin K2 Long Short Credit Fund, a sub-fund of the Luxembourg-registered Franklin Templeton Investment Funds (FTIF) SICAV range. This is the third liquid alternatives offering made available in the
Neptune Networks, a fixed income market network for pre-trade indications in bonds, has completed connectivity to FlexTrade’s buy-side EMS platform, FlexTRADER, to distribute pre-trade data to assist investors with liquidity and price discovery within existing workflows. With 22 dealers committed to
Avelacom, a connectivity and IT infrastructure solutions provider for the financial services industry, has promoted Vincent Harrison to Managing Director, Global Sales, to drive business growth and further develop Avelacom’s low latency network across the Americas, EMEA and APAC. In
MFS Investment Management has made a series of personnel appointments and organisational enhancements to its fixed income department, including naming regional heads for Europe and North America and seven research directors. MFS is also creating new positions to address client
The board of directors of SIX has selected Sabir Sheikh to head up issuer regulation and Jared Bibler to be in charge of trading supervision at SIX Exchange Regulation. The Swiss Financial Market Supervisory Authority (FINMA) has approved the selection.
Lyxor Asset Management has teamed up with Harmonic Capital Partners to launch the Lyxor/Harmonic Macro Fund, the first global macro strategy with daily liquidity on Lyxor’s Alternative UCITS Platform. The new fund allows investors to leverage on investment opportunities created
