Everest Re Group has launched the Alternative Solution Group at Everest Specialty Underwriters, offering transactional risk insurance as well as professional and management liability insurance on both a primary and excess basis to private equity firms and hedge funds. Robert
The Depository Trust & Clearing Corporation (DTCC) and the Korea Exchange (KRX), the sole securities and derivatives exchange operator in South Korea, has signed a Memorandum of Understanding (MOU) to cooperate with each other on a Trade Repository (TR) solution
London based Institutional investment consultant, Absolute Return Partners (ARP) has launched the ARP Energy Fund, a multi-manager solution for investors wishing to gain exposure to energy markets without taking on additional equity exposure. The Fund, an Alternative Investment Fund, has
The London Metal Exchange (LME) has executed the first voice-brokered trade of its LME Steel Scrap contract. The trade was executed on 4 May 2016 by INTL FCStone Ltd on behalf of Stemcor. The new additions to the LME’s ferrous
iCapital Network, an online platform that provides high-net-worth investors and their advisors with streamlined access to a curated selection of private investments, has added three senior members to the firm’s distribution team. Eileen Duff joins the firm as Head of
Bridgehouse Asset Managers is expanding its partnership with Greystone Managed Investments with the launch of a new global equity growth portfolio based on an existing institutional Global Equity Pooled Fund. The fund is ranked No1 by the Mercer Pooled Fund
Copeland Capital Management has appointed Sofia A Rosala (pictured) as General Counsel and Chief Compliance Officer. Rosala comes to Copeland from Aberdeen Asset Management, where she served as US Counsel and Deputy Head of Compliance. Earlier in her career Sofia
SR Labs, a specialist in trading and market data technology, has launched the SuperFeed Compressed Data Feed which is designed to support direct feed based, electronic trading applications. The new solution addresses client requirements including a full range of trading
The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois. The Order finds that Cunningham violated CFTC’s Regulations that
Euronext is to launch the first physically-deliverable futures contract for nitrogen solution in Autumn 2016. Aimed at the European market, this new contract will complement the Group’s commodity futures offering. It will enable Euronext to offer users a comprehensive suite
