Marc Lenaers has been promoted to managing associate in Ogier’s Luxembourg office. Lenaers advises global clients and investment managers on a wide range of regulated and unregulated investment vehicles, including mutual funds, hedge funds, private equity, real estate and debt
Societe Generale Prime Services reports that CTAs continued their good performance from June with all CTA indices posting positive returns in July. The SG Trend index, measuring the performance of the largest ten trend-following based CTAs, was the best performing
Hedge fund data provider HFR reports that hedge funds investing in Japan declined to conclude the first half of 2016 as the Japanese Yen surged on Brexit, while hedge funds investing in China and throughout Emerging Asia posted mixed performance
ENSO Financial Analytics (ENSO), a portfolio finance and treasury solution for hedge funds, has partnered with EBS Treasury, an ICAP owned Money Market Fund (MMF) platform, to provide cash and collateral movement workflows to ENSO clients. EBS Treasury is powered
Sterling and euro prime money market fund (MMF) assets will increase in the coming months amid post-Brexit uncertainty despite record low yields, says Moody's Investors Service. In parallel, US prime funds are experiencing a spike in outflows ahead of October's
Northern Trust has appointed Marco Siero (pictured) as senior sales representative, Luxembourg to spearhead the company’s growth in the region. Assets under administration in Northern Trust’s Luxembourg office have increased by 100 per cent over the past five years. In
The London office of global law firm K&L Gates has added Barry Cosgrave as a partner in the firm’s global finance practice. Cosgrave (pictured), who joins K&L Gates from Shearman & Sterling LLP, is the second new partner addition to the firm’s London finance practice
Nikko Asset Management is launching a Luxembourg domiciled Global Credit UCITS fund on 3 August 2016. The fund is managed by Head Portfolio Manager – Global Credit, Holger Mertens (pictured) and supported by its experienced Global Credit teams based in London,
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire Guggenheim Investment’s 1940-Act mutual fund administration business, Rydex Fund Services. The transaction is expected to close in the fourth quarter of 2016, subject to
Euronext has reported its most profitable quarterly results since its initial public offering (IPO) with revenue in the second quarter of 2016 increasing by 1.7 per cent to EUR132.3 million from EUR130.1 million a year earlier, driven by strong performance
