Lyxor reports that risk assets have continued to edge higher over the recent weeks, with the MSCI World reaching new highs last week. Yet, equities in developed markets have been essentially fuelled by the US market, the firm says. The
Insch Capital Management has launched the Gold Income Actively Managed Certificates (AMC) powered by Insch’s award-winning Kintore (Bidirectional Gold) strategy. The firm writes that the investment objective of the Gold Income version of the Insch Kintore strategy is to generate
JTC Fund Services has made senior appointments in Luxembourg and London as it continues to strengthen its fund servicing business. Daniel Essoo (pictured) has been appointed as a senior director based in JTC’s London office. With 14 years’ experience in
The European Energy Exchange (EEX) and the independent carbon trading company Belektron have signed a cooperation agreement to further facilitate access to the primary market auctions at EEX. The cooperation aims at opening the emissions auctions to a wider customer
The London Stock Exchange’s (LSE) proposed merger with Deutsche Börse may not now go ahead after the LSE ruled out selling its 60 per cent stake in fixed-income trading platform MTS. The European Commission had ordered LSE to sell its
FIX Trading Community, the non-profit financial trading standards body, has published a document detailing extensions to the FIX Protocol to meet the requirements of MiFID II and MiFIR. The FIX Global Technical Committee has approved these changes and these are
By Dan Viola, partner, Sadis & Goldberg – Status of the new DOL fiduciary rule. The Department of Labor’s (the DOL) new fiduciary ruling (the Rule) has created strife in the securities industry and has the potential to significantly impact how financial advisers
The Foreign Exchange Professionals Association (FXPA) has elected a slate of new board members, as well as four officers to serve on the its executive committee (ExCom). FXPA members re-elected Chip Lowry (pictured), senior managing director of State Street Global
Snowden Lane Partners has formed a partnership with Artivest, a technology-driven investment platform that connects private equity and hedge funds to financial advisers and high net worth investors. “As independent wealth advisers, we offer our clients access to an unsurpassed
Cayman-based alternative fund governance specialist Danesmead Partners has appointed ex Goldman Sachs Executive Director Emma Stevens as a principal of the firm, and to head up its London office. Stevens (pictured), will serve as a consultant and independent director to
