Weeden Prime Services, a prime brokerage services provider for hedge funds, has expanded its sales and client services teams. Joining the Weeden sales team are industry veterans Robert Jordan and Andrew Brown. Jordan had been a partner of Wells Fargo’s
Citi has made a number of strategic hires to its Investor Services franchise in Europe, the Middle-East and Africa (EMEA). Simon Kempton will join as EMEA Head of Prime Finance and will be responsible for driving the growth of Citi’s
Doug Ostrover will step down as a Senior Managing Director of Blackstone and will become a Senior Adviser to the firm. Ostrover was, along with Bennett Goodman and Tripp Smith, one of the founders of GSO, Blackstone’s alternative credit platform.
Silver Law Group is investigating claims against a pair of self-described retirement planners who are alleged to have falsely promoted to customers the safety and profitability of interest in life settlements. These types of alternative investments which promise substantial income
Steben & Company has appointed Peter Weinberg as Head of Investor Relations & Marketing. "The success we have had with our funds creates the need for an increased focus on competitively marketing our products. Peter is ideally suited to help
In an extract from the Preqin Hedge Fund Spotlight | May 2015, Joseph McGee takes a look at the ‘USD1bn Club’, a group of the world’s largest hedge fund managers, and identifies the traits and characteristics that are unique to
A new white paper from Campbell & Company attempts to quantify CTA risk management. The paper says that CTAs often cite risk management as a key to their success. Despite this claim, the process for evaluating CTA risk management has remained somewhat qualitative,
CME Group, the world's leading and most diverse derivatives marketplace, today announced that July 2015 volume at CME Group averaged 12.8 million contracts per day, up 5 per cent from July 2014. Total volume was more than 282 million contracts,
Sliced Investing, an online alternative investment platform that gives accredited investors access to elite investments like hedge funds and private equity, has launched Sliced Institutional. Sliced Institutional is dedicated to giving registered investment advisors (RIAs) access to a suite of
FTSE Russell has expanded the FTSE Global Factor Index Series, with the launch of two additional indexes intended to capture Dividend Yield and Momentum factors. The extension of the index series reflects the high level of client interest around index
