The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -1.27 per cent in May, underperforming the -0.68 per cent monthly return of the HFRX Global Hedge Fund Index. The
Imagineer Technology Group has appointed Bob Ceremsak as a senior advisor to the company. Ceremsak (pictured) will advise Imagineer as it grows its three product lines, Clienteer, FundInsight and Webvision. “We are excited about having the opportunity to work
Cowen Group is to acquire Convergex Group from private equity firm GTCR, Bank of New York Mellon and other shareholders for a total consideration, less certain closing adjustments, of USD116 million in cash and Cowen common stock. With combined pro
The implications of Brexit will be just one of several key topics to be discussed at next year’s sixth edition of ABN AMRO Clearing’s annual Amsterdam Investor Forum, to be held on the 7 and 8 March, 2017. “The Forum will be
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 166.6 TWh in March 2017, confirming the increasing trend on the futures segment and another strong month for the time spread instruments. It represents a of
Fintech company Koger has deployed its flagship NTAS platform for fund administration and compliance in the cloud. NTAS is a share registry system that manages fund tracking, reporting and fee calculation. More than 8,000 funds with USD2 trillion in
Velocity Trade has appointed Joseph Farrell as head of quantitative research. Farrell (pictured) is accompanied by senior analyst Tony Popowich. "Joe's objective approach to research as well as his team's excellent reputation and track record made his team a
ITI Group has acquired a 100 per cent stake in Uralsib Securities. Based in the UK, Uralsib Securities, now renamed ITI Capital, holds a Financial Conduct Authority license for broker-dealer operations and asset management. ITI Capital offers direct market access
The Depository Trust & Clearing Corporation (DTCC) has appointed Michael McClain as a managing director and general manager of equity clearing. McClain will be responsible for leading day-to-day equity clearing business operations and strategic initiatives. He will report to
Singapore Exchange (SGX) has appointed Michael Luk as the new head of fixed income origination and sales, effective 1 January 2017. Reporting to Chew Sutat, SGX head of equities and fixed income, Luk is tasked with spearheading the growth of
