TABB Group has named industry veteran Anthony J Perrotta, Jr as its new head of fixed income research, reporting to Larry Tabb, founder and chief executive. Perrotta, the former CEO of fixed income consultancy Cornerstone Resources, will be responsible for
Stenham Asset Management has appointed Gary Rynhoud as global head of business development, while Lydia Carroll has assumed the position of business development manager. Rynhoud has over 15 years’ international sales experience in the asset management industry and has built
The British Virgin Islands has signed a Tax Information Exchange Agreement (TIEA) – its 26th in total – with Japan. The TIEA will enable the two tax authorities to have greater ability to exchange information for tax purposes in accordance
The Securities and Exchange Commission (SEC) has charged a Florida-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors. The firm’s founder and another individual later pocketed some of the
Opportunities abound for the global asset management industry as the shrinking of the banking sector has thrust asset management to the heart of global capital flows and the pace of regulatory change is starting to ease off, according to a
Cantor Fitzgerald has strengthened its prime services business with the additions of Paul Mandile, David Sklar and Robert Marietta. Mandile will serve as managing director of outsourced trading, Sklar will serve as senior vice president focused on electronic trading
Gottex Fund Management is to concentrate on alternative solutions, multi-asset and Asian-focused asset management following the completion of its merger with EIM Group. The merger, which is expected to complete soon, is subject to approval from the Swiss regulator FINMA.
Harbinger Group, the publicly traded holding company run by hedge fund manager Philip A Falcone, is offering to acquire, directly or through one of its affiliates, all of Central Garden & Pet Company for USD10.00 in cash per share. The
A large number of businesses in the financial services sector are putting their IT systems and data at risk by failing to adopt good cloud computing practices, according to research from NCC Group. NCC Group surveyed chief investment officers from
ULLINK, a provider of electronic trading solutions and connectivity to the financial community, is to acquire NYFIX and Metabit from NYSE Technologies, part of Intercontinental Exchange (ICE). The transaction, which is subject to regulatory approval, is expected to close in
