Concept Capital Markets has appointed R Pennington Miller-Jones (Penn) as Managing Director – Head of Prime Brokerage Sales. Penn is a seasoned prime brokerage executive with a great deal of experience in sales and operations and an impeccable reputation with
The hedge fund industry has posted average returns of -0.75 per cent for June, the first month this year of negative performance. Despite this, the benchmark has still returned 4.50 per cent year-to-date. Single-manager hedge funds were not the only
Hedge funds produced an aggregate return of -0.93 per cent in June, just over 100 basis points ahead of the S&P 500 which fell -1.94 per cent during the month. according to eVestment’s latest Hedge Fund Industry Performance Summary. The
Commodity trade finance investment manager Scipion Capital has appointed Taran Bains to head up its sales and marketing function. Bains, who brings a wealth of experience on both the investment and sales sides of the industry, will lead a focused
TMX Group is making important changes to its equity trading fee schedules that the firm hopes deliver significant benefits to the market. TMX is proactively addressing industry concerns related to the maker-taker fee model through a measured rate reduction program
The National Futures Association (NFA) has barred Wealth Creation Investments, an NFA Member introducing broker, and Fox Financial Group, an NFA Member commodity trading advisor, from NFA membership. The firms' sole principal and associated person (AP), Marcy F Javor has
Following a good start to the year, ALTIN’s NAV performed well during the first two months of the second quarter (+0.34% MTD as 30.04.2015, +0.79% MTD as 31.05.2015) and suffered in June (-1.94% MTD, estimate) as global financial markets declined
The month of April has marked the transition toward a new market regime. The first quarter has been driven by expectations of monetary policy tightening in the US and easing measures in the rest of the world. In this context,
Societe Generale Securities Services (SGSS) has launched a trade repository reporting offer for OTC derivatives, servicing multi-counterparties and multi-asset classes, under the European Markets Infrastructure Regulation (EMIR). The new regulation requires that all EU counterparties report their derivative contracts, whether
Alternative investment firm SkyBridge Capital has opened an office in Seoul, South Korea. Michelle Cha, who has more than 10 years of industry experience including roles in sales, marketing, global investment and research from various financial institutions, has joined as
