The theory behind Moore’s Law is that computer processing power doubles every two years. And whilst technology advancements are benefiting global industry at large, within asset management it is beginning to blur the lines with respect to data and the
The State Street Global Investor Confidence Index (ICI) for April 2016 decreased to 109.1, down 5.7 points from March’s revised reading of 114.8. The decline in sentiment was driven by a decrease in the North American ICI from 123.7 to
Citi Private Bank North America’s National Hedge Fund Sales Team, which focuses on the private banking needs of hedge fund founders, has grown by more than 50 per cent since inception in 2015 and currently has 140 hedge funds and
Five new investment platforms have joined the Millennium Trust Company’s Millennium Alternative Investment Network (MAIN), bringing the total number listed to nine. In addition to Lending Club (NYSE: LC), announced earlier this month, EquityZen, iCapital Network, Prodigy Network, and RJ
Law firm Seward & Kissel has appointed Ivy Wafford Duke as Counsel in the Investment Management Practice Group based in the firm’s Washington DC office. Duke has more than two decades of in-house experience in the investment management sector. Most
Investors redeemed an estimated net USD4.60 billion from hedge funds in March, the fifth month in the last six in which redemptions outpaced allocations, according to the latest eVestment Hedge Funds Industry Asset Flow Report. Performance gains during the month
CIBC Asset Management has launched the Renaissance Flexible Yield Fund, providing Canadian investors with access to a mandate from US bond portfolio manager, Jeffrey Gundlach of DoubleLine. Renaissance Flexible Yield Fund is a global fixed income solution that leverages tactical
BNY Mellon has been appointed by Winterflood Securities to provide US DTCC and Canadian securities clearing and custody services. BNY Mellon Broker-Dealer Services will provide clearing and settlement services, operating as a direct participant in the US and through a
bfinance, the independent investment consultancy, has appointed Mark Brownlie as Chief Financial Officer (CFO), bringing more than 15 years’ experience of accelerating growth and increasing enterprise value for businesses across the financial services, tech and media sectors. The appointment of
Datawatch Corporation has reached an agreement with Potrero Capital Research whereby Charles Gillman, Executive Managing Director of the IDWR Multi-Family Office has been appointed to the Datawatch Board of Directors, effective immediately. Gillman will fill a vacancy created by
