Mirabaud Asset Management has appointed Emilio Barberá as Senior Portfolio Manager/Analyst for Spanish equities. Barberá’s appointment occurs at a time when Spanish equities at Mirabaud Asset Management are gaining significant traction from a wide array of investors on a global
The Securities and Exchange Commission has appointed David Grim as Director of the Division of Investment Management. Grim has been the division’s acting director since February, following the departure of former director Norm Champ. “David is a committed public servant
The US Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) has issued a letter that exempts commodity trading advisors (CTAs) that are registered but do not direct any client commodity interest accounts from filing Commission
Ares Management and Kayne Anderson Capital Advisors are to merge to form Ares Kayne Management, a diversified alternative asset manager with a combined USD113 billion of assets under management as of 31 March, 2015. Under the terms of the agreement,
The equity and bond market selloff that took place recently took its toll on some hedge fund strategies. Due to their long fixed income stance established during 2014, CTAs sharply underperformed Macro managers during the market rout. Meanwhile, macro managers
Tim Edwards, Senior Director, Index Investment Strategy at S&P Dow Jones Indices has investigated the news this week from ETFGI that ETF assets have overtaken hedge fund assets. “It may have taken a little longer than we expected, but ETFs
Duet Group, a USD5.5 billion global alternative asset manager, has appointed Ulrik Fugmann and Edward Lees has senior managing directors and Co-Chief Investment Officers of Duet Natural Resources. Fugmann and Lees, the founders of North Shore Partners, are integrating their
FolioMetrix is to merge with American Independence Financial Services, LLC (AIF) to create a new company, RiskX Investments, LLC, offering an array of risk-intelligent investment solutions. The transaction is expected to close in September 2015. Terms of the deal have
The European Securities and Markets Authority (ESMA) has launched a consultation on proposed Guidelines on sound remuneration policies under the UCITS V Directive and AIFMD. The Directive includes rules that UCITS must comply with when establishing and applying a remuneration
Convergex has launched a new Buy-Write Algorithm, which leverages its advanced VWAP equity algorithm and Pulse options algorithm to allow clients to electronically employ a buy-write trading strategy. Convergex’s Buy-Write Algorithm combines the power and reach of the firm’s equity
