FactSet Research Systems is to sell its market research business focused on advisor-sold investments and insurance, consisting of Market Metrics and Matrix Solutions, to Asset International, a portfolio company of Genstar Capital. The total purchase price is approximately USD165 million,
The investment community voted to remain in the EU last night (Monday 16 May) following a passionate discussion at the ‘Brexit: Pursued by a Bear’ debate chaired and sponsored by law firm Howard Kennedy. In a close and surprising vote,
Broadridge Financial Solutions has appointed Stephanie Clarke (pictured) to the role of senior vice president of Global Market Intelligence within its Mutual Fund and Retirement Solutions business based in London. Clarke's hire underlines Broadridge's commitment to grow its competitive intelligence
Cordium has formed a strategic alliance with specialist management consultancy Knadel allowing the provision of bespoke solutions to the many firms who are faced with the prospect of reviewing and enhancing their operating model, risk controls and regulatory adherence. This
The SS&C GlobeOp Forward Redemption Indicator for May 2016 measured 4.38 per cent, up from 2.94 per cent in April. "Looking at the year over year comparison, SS&C GlobeOp's Forward Redemption Indicator for May 2016 was 4.38 per cent, an
By Josh Kestler, HedgeMark – On April 14, 2016, the trustees of the New York City Employees’ Retirement System (NYCERS) voted to liquidate its hedge fund portfolio. Following California Public Employees’ Retirement System’s decision in September 2014, NYCERS announcement has
BlackRock has named Mark Wiseman as incoming Senior Managing Director and a member of the firm’s Global Executive Committee (GEC). Wiseman will become Head of BlackRock’s Global Active Equity business and will become Chairman of the BlackRock Global Investment Committee,
Fred Alger Management has launched the Alger Small Cap Focus Fund, a new Alger SICAV sub-fund, to its product line-up. The Fund will be distributed throughout Europe by La Française, an international asset management firm and a strategic development partner
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, has completed a rebrand of the product formerly known as MyTreasury and launched EBS Treasury as a cash and FX liquidity management centre for treasurers. As announced in July
The Hedge Fund Association (HFA) has announced the results of its 2016 Board of Directors election. HFA's bylaws allow a capacity of 15 Directors. All HFA Directors are unpaid volunteers elected by HFA members and serving for three year terms.
