The Securities and Exchange Commission (SEC) has secured a final judgment setting disgorgement of USD1,29,800 and a civil penalty of USD300,000 against OM Investment Management and Gignesh Movalia. The SEC action arose from the defendants’ efforts to fraudulently raise money
LME Clear, the clearing house for the London Metal Exchange market, has received approval from the Bank of England (BoE) to launch a trade-compression service, giving members the opportunity to reduce the notional value of their positions and simplify their
Thomson Reuters has released the StarMine Combined Alpha Model (CAM), a model that combines all the available StarMine equity alpha models into one comprehensive and powerful alpha-generating signal. The weights assigned to each model vary by region. Thus, StarMine CAM
Fifth Street Asset Management has appointed David A Heilbrunn as a Managing Director and member of the firm's Management Committee. Heilbrunn will be responsible for driving growth across Fifth Street's businesses, specifically focusing on expanding its growing structured credit products
Gloria Pfaue and Andreas Heuer are to be the new managing directors of Eurex Bonds with effect from 1 July 2014. The Deutsche Börse subsidiary is an electronic trading platform for fixed-income securities and treasury discount papers between banks.
From a performance perspective, Asia Pacific-focused hedge funds have really stood out from their global peers, not just over the last 12 months but over a two- three- and five-year period. For anyone who still needs reassuring that APAC hedge
RWC has appointed Matteo Cianfoni and Roderick Loffler to its sales team to bolster resources in Italy and the UK. Cianfoni, who will join RWC in August, was responsible for Italian sales at GLG for almost five years having previously
This article investigates the future plans of institutional investors in infrastructure, featuring the latest data from the Preqin Quarterly Update: Infrastructure, Q2 2015. When investing in the infrastructure space, the majority of investors will target domestic opportunities in the next
The Lyxor Hedge Fund Index was up +0.1% in April. 3 out of 12 Lyxor Indices ended the month in positive territory, led by the Lyxor LS Equity Long Bias Index (+4.5%), the Lyxor LS Equity Market Neutral Index (+2.4%),
Convergex, an agency-focused global brokerage and trading related services provider, has appointed Kelli Annequin as the firm’s new Chief Marketing Officer (CMO). "As Convergex expands and we grow our service offering, Kelli's proven ability to connect with diverse financial industry
