Global law firm Ropes & Gray has named 11 attorneys as partners of the firm, effective 1 November, including Hong Kong-based Vincent Ip. Ip joined Ropes & Gray in 2006 in the private investment funds group. Ip represents institutional
Otterbourg has named Daniel Fiorillo as head of the firm’s restructuring practice group as of 1 January 2017. Jonathan Helfat, who led the group for more than 25 years, will be stepping down from the position but will continue to
City Index has reduced its spreads across a wide range of FX pairs, with AUD/USD, EUR/USD and USD/JPY now to be priced from 0.5 pts and GBP/USD from 0.8 pts. The move signals a shift from fixed to variable spreads
The pace of consolidation within the hedge fund administration space shows no let-up, with MUFJ Investor Services, the asset servicing arm of Mitsubishi UFJ Financial Group, having just announced its latest acquisition; Rydex Fund Services, a 1940-Act fund administration business
In order for the alternative funds industry to evolve one point that needs to be addressed is that the term 'Hedge Fund Administration' is too narrow. Firstly, one cannot avoid a trend towards convergence within alternatives that has steadily gained
There is plenty of scope for further consolidation in the hedge fund administration space, but only those with a clear strategic vision and a willingness to reinvest in their businesses will likely emerge as tomorrow’s winners. Consolidation in the hedge
Datalytyx, a provider of big data engineering, data analytics and cloud solutions in the UK, has signed an agreement with Antuit to create a 100-person offshore delivery and competency centre in Bangalore. In addition, Datalytyx was named Antuit's exclusive delivery partner
The National Settlement Depository (NSD), Russia’s central securities depository, has signed a memorandum of understanding with China Securities Depository and Clearing Corporation (CSDC), which provides services to the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The parties agreed to
Datactics, a provider of data quality and matching software, has appointed Owen Chuck as sales director and Alex Brown as product manager. It follows on from the appointment of ex-UBS director Mick Foster to the company board and hire of
The European Corporate Debt Private Placement (ECPP) Joint Committee, coordinated by the International Capital Market Association (ICMA), has launched an updated version of the European Corporate Debt Private Placement Market Guide. The guide sets out a voluntary framework for common
