Harcourt, the Alternative Investment brand of Vontobel Asset Management, has launched a SICAV-SIF compliant version of its flagship fund of hedge funds strategy, previously only available in a mandate format. The Harcourt Alternative Leaders Fund, which is only available to
Principia Partners, a solutions provider for derivative and structured finance operations, has launched pasVal, an online portfolio valuation, risk, and accounting management service. The pasVal service is a web-based interface that leverages Principia’s 20+ years of derivatives expertise. Its market-proven
Electronifie, the operator of an anonymous all-to-all corporate bond trading marketplace, has elected Troy Paredes, a former Commissioner of the Securities and Exchange Commission (SEC), and Max Kamhi, an entrepreneur and strategic investor in early stage companies, to the company’s
Private equity firm TA Associates is to acquire Frank Russell Company’s asset management business, Russell Investments, from London Stock Exchange Group (LSEG) in a deal valued at USD1.15 billion. As part of the deal, which is subject to the usual regulatory approvals and
ICAP’s Global Broking business and ICAP Information Services (IIS), the information and data division of ICAP, have together launched the ICAP Euro Interest Rate Swap (IRS) Index. The ICAP Euro IRS Index is intended to track the return of a
Perella Weinberg Partner’s Asset Based Value (ABV) Investment Team led by ABV Strategy Portfolio Manager & Partner, along with Partners Andrew Dym and Mark McGreenery, is to separate from the business and set-up as an independent registered investment advisor. The
HSBC Securities Services (HSS) has been appointed by Lynx Asset Management AB to provide administration and global transfer agency services to its two Swedish onshore fund vehicles, amounting to approximately USD1 billion assets under management. Founded in 1999, Lynx is
Hedge funds declined for the fourth consecutive month in September, according to HFR, with global equities, commodities and high yield credit posting steep losses, while volatility posted increases sustained throughout the month. The broad-based HFRI Fund Weighted Composite Index declined
Boerse Stuttgart, Germany's leading exchange for retail investors, has gone live on Genium INET. The system named Xitaro will be used for trading of all asset classes including equities, fixed income, exchange traded products and securitised derivatives. In addition to
Harvest Exchange, a software platform that builds public and private digital communities across the financial services sector,has appointed Derek Anderson as Chief Technology Officer (CTO), a newly created position. Anderson, 35, reports to CEO Peter Hans and is charged with
