The Depository Trust & Clearing Corporation (DTCC), ICI and SIFMA, on behalf of the T+2 Industry Steering Committee (T+2 ISC), has commended the US Securities and Exchange Commission (SEC) for finalising rule changes that facilitate the industry’s transformational effort to
Aberdeen Asset Management has launched the Aberdeen Alternative Diversified Equity Fund (AADE) which aims to generate capital appreciation with limited correlation to traditional equity markets by blending a portfolio of equity-related alternative strategies. The fund offers investors access to high quality alternative
Ullink, a provider of electronic trading and connectivity solutions, has launched a MiFID II compliant trade reporting solution to help its clients meet regulatory requirements for greater accuracy in reporting and timeliness of data collection. Trade reporting reform is a
Global investment manager Nuveen is expanding its alternative investments business development capabilities with the hire of James Wing and Michael Welch. Joining in newly created roles, the pair will partner with the broader Nuveen distribution team to place new private
BRI Partners has launched the first in a new range of investable hedge fund indices designed to deliver the beta of hedge fund strategies – the BRI Long/Short Equity Index (BRILSE), calculated by Wilshire Associates. BRI Partners has developed eight
Alternative investment firm Saba Capital Management has launched CEFS, an actively managed ETF that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value (NAV) and hedging the ETF's risk to rising
By Ronan Guilfoyle (pictured) and Casey McDonald, independent directors, Calderwood, a Cayman Islands Fund Governance Firm – It is not uncommon these days for an investment fund to find itself in the situation where it may be able to recover certain assets
After several years of absence, new structured certificates issued by UniCredit Bank have been reintroduced to trading on the Warsaw Stock Exchange. The certificates are offered by Alior Bank Private Banking and the underlying instrument is the S&P GSCI Crude
Social engineering schemes continue to grow in their sophistication, and phishing campaigns, in particular, are causing concern as they make their way to employee inboxes. These fraudulent email campaigns appear legitimate and take advantage of employees who are often too
Baymarkets Technology, a Nordic provider of FinTech and RegTech solutions to the global financial services industry, has launched a new financial market solution delivery platform, Clarity. The Clarity platform is designed to provide agile development of client specific solutions aimed
